Brad Carlson of New England Realty Advisors LLC orchestrates $10.81 million multi-state 1031 exchange

Methuen, MA Brad Carlson, founder and CEO of New England Realty Advisors LLC, has facilitated a strategic, multi-asset 1031 exchange for his client, totaling $10.81 million in transaction volume. 

The process began with the dual disposition of two Massachusetts multifamily assets: 
• 80 Lowell St. in Methuen (12 units) for $2,720,000; and 
• 17 Vine St in Haverhill (9 units) for $1,175,000. 

In both transactions, Carlson represented the seller and procured the buyers. 

To complete the 1031 exchange, Carlson identified and brokered the acquisition of 81 Fisherville Rd. in Concord, NH, a premier 36-unit asset for $6,920,000. By representing both the seller of the New Hampshire property and procuring the buyer, Carlson ensured a seamless transition of capital from the Merrimack Valley into the New Hampshire market. 

“We are seeing a significant shift as Massachusetts owners look to exchange into more landlord-friendly states like New Hampshire. Because of our deep roots in both markets, New England Realty Advisors is perfectly positioned to help our clients accomplish their goals, helping them exit MA holdings and secure high-performing properties in NH,” said Carlson.