News:
Owners Developers & Managers
Posted: January 6, 2023
R.W. Holmes negotiates the sale of 112-unit Albemarle Gardens in Wayland, MA for $29.55 million
Wayland, MA R.W. Holmes, a commercial brokerage firm serving tenants and landlords in Massachusetts for over 45 years, has negotiated the sale of Albemarle Gardens, a 112-unit multifamily community for $29.55 million.
Garry Holmes, president of R.W. Holmes, represented the seller, Albemarle Realty Corp., in the transaction and procured the buyer, Albemarle Partners, LLC, which is an entity controlled by Rhino Capital Advisors.
Located near the Mass Pike, Rte. 128, and public transportation, Albemarle Gardens offers one and two-bedroom apartments.
According to Holmes, there was a lot of cooperation between the buyer and seller to get this transaction completed, and it was a pleasure working with Michael Olson and his team at Rhino Capital.
MORE FROM Owners Developers & Managers
Routine Properties acquires Bristol Business Park at 383 Middle St. - 406,665 s/f industrial campus
Bristol, CT Routine Properties, a boutique real estate development and investment firm specializing in industrial assets throughout the Northeast, has acquired the Bristol Business Park, a 406,665 s/f industrial campus located at 383 Middle St.
.png)
Quick Hits
Columns and Thought Leadership
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
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
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
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
 (1).png)