News:
Owners Developers & Managers
Posted: November 22, 2024
NAI Glickman Kovago & Jacobs brokers $12.76 million sale of Lebanon Hill Apartments, Southbridge, Mass.
Southbridge, MA NAI Glickman Kovago & Jacobs has brokered a deal at 39 Therese Ave., known as Lebanon Hill Apartments. The property consists of 13 buildings on 9.58 acres, housing 116 market-rate apartment units.
NAI Glickman Kovago & Jacobs managing principal, Michael Jacobs and vice president Tim Whittredge represented the buyer Lebanon Hill AP 1-3 LLC in the transaction with the seller Lebanon Hill Apartments, LLC.
The deal was transacted off market and closed on November 5th, 2024, for $12.76 million.
MORE FROM Owners Developers & Managers
Windsor approves redevelopment of 500 Day Hill Rd. for mixed-use residential community
Windsor, CT The town has granted approvals for the redevelopment of 500 Day Hill Rd., clearing the way for a mixed-use residential community that will convert a former office campus into a housing development totaling approximately 300 residential units
.png)
Columns and Thought Leadership
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
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
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,
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
 (1).png)