 (1).png)
News:
Owners Developers & Managers
Posted: January 19, 2024
NEI donates funds and assemble welcome baskets
for Maple on Franklin
Jenna Avitabile, NEI; and Jordan Guadalupe, NEI
Holbrook, MA NEI General Contracting, an award-winning general contracting firm, celebrated the completion of the Maple on Franklin senior housing community at a ribbon cutting on Thursday, October 12th. Developed by NeighborWorks Housing Solutions, the project value is $18.5 million and provides much-needed affordable senior housing. The newly constructed 67,000 s/f four-story apartment building is located at 120 North Franklin St. and features 72 one-bedroom units for residents 62 and older. In addition to attending the ribbon cutting, NEI donated funds and NEI employees gathered at Maple on Franklin to assemble welcome baskets with essentials including laundry detergent, paper towels, coat hangers, towels, and other home essentials for the new senior residents.
MORE FROM Owners Developers & Managers
Atlantic Property Management expands facilities maintenance platform: Assigned two new facility management contracts in RI
Boston, MA Atlantic Property Management (APM) has expanded its internal facilities maintenance and operations platform and has been assigned two new facility management contracts in Rhode Island. The properties will undergo redevelopment and repositioning
Quick Hits
 (1).png)
Columns and Thought Leadership
Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan
When it comes to the sale or financing of real property, tenant estoppel certificates are not just formalities – they are crucial documents that confirm the status of existing leases. Tenant estoppel certificates offer prospective buyers and lenders necessary assurance regarding the property’s financials and any
Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock
A major shift in Connecticut’s environmental law is on the horizon: the state’s Transfer Act will expire next year, ushering in a new cleanup program with broader applicability and new triggers.
Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson
As the commercial real estate market continues to navigate the disruptive forces of rising vacancy rates and increasing operating costs, landlords are under pressure to find new levers to protect income and strengthen asset performance. Amid these challenges, onsite solar and battery storage – particularly when financed through third-party ownership models – are emerging not just as environmental upgrades, but as powerful financial strategies.
New Quonset pier supports small businesses and economic growth - by Steven J. King
Quonset recently celebrated a milestone nearly 70 years in the making when federal, state, and local leaders joined us for the ribbon cutting of the new Terminal 5 Pier and Blue Economy Support Docks at the Port of Davisville.