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Brokerage
Posted: June 23, 2017
Miles of Commercial Realty Advisors brokers $225,000 sale
Dennis Port, MA According to Kevin Pepe, managing director of Commercial Realty Advisors, Ed Miles, vice president of business brokerage sales at Commercial Realty Advisors, Inc. has arranged the $225,000 sale of Rum Runners Bar & Grill at 243 Lower County Rd.
The buyer was Tim Gaudette, of Sunny Boy Inc., along with Chris and Tony Pons. The seller was Les and Wanda Staras. Gaudette has additionally secured the purchase of Schooners Restaurant at 372 Main St. in Hyannis. The sellers were Michael Macheras, of Macheras Main Street Corp.
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Hines of Horvath & Tremblay completes the sale of 200 multi-family units in Connecticut for $16.24 million
Norwich, CT Tim Hines of Horvath & Tremblay has facilitated the sale of 200 multi-family units totaling $16.24 million. Hines arranged the sale of an 83 unit multi-family portfolio in Cromwell, Middletown and Norwich, Conn. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $9 million.
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This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.
