News: Owners Developers & Managers

Five Mark Properties and Novaya Ventures’ Sconset Landing development is 50% sold

Hanover, MA According to Nickerson Real Estate Partners (Nickerson RE) on behalf of Five Mark Properties and Novaya Ventures, over 50% of the Sconset Landing development is now sold. Sconset Landing is a 130-unit townhome and condominium community located off Rte. 53. Of the 130 units, 70 units are now sold.

Sconset Landing, a collaboration between Five Mark Properties and Novaya Ventures, features a mix of one, two, and three-bedroom residences. Nickerson R.E. is the exclusive sales, marketing and property management team for the development. Phase III construction and sales are now underway, while all Phase I and Phase II properties have been sold.

“This milestone demonstrates that Sconset Landing is fulfilling a clear need in the current real estate market,” said Deborah Griffin, director of operations at Nickerson RE. “Buyers want convenience, and Sconset Landing’s proximity to local hotspots, Boston and Cape Cod, in conjunction with numerous community amenities offered at the development, provides buyers with a desirable living experience.”

Buyers who seek to purchase Phase III homes pre-construction will have the opportunity to customize finishes – from floor plan layout to hardware and paint selection. The community offers a variety of amenities, from a completed clubhouse and fitness center to the future fire pits, outdoor cabana, pool and sundeck to be delivered by summer 2020.

The homes at Sconset Landing are situated within a private, wooded area off Rte. 53, near dozens of shops and restaurants. Sconset Landing’s Sales Center is located within a 3-bedroom townhome in Phase III of the property.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and