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FamilyAid receives $90,000 from Rockland Trust Charitable Foundation
March 14, 2025
Rockland, MA The Rockland Trust Charitable Foundation has presented a $90,000 grant to FamilyAid to help families throughout Massachusetts find and maintain housing. The grant will enable FamilyAid to provide education and support to nearly 4,500 children and parents as part of its mission to end family homelessness.
Newmark arranges $133 million refinancing
of The Link, Stamford, CT
March 14, 2025
Stamford, CT Newmark, on behalf of A.M. Property Corp. and Northeast Capital Group, has arranged a $133 million loan to refinance 200 Elm St. (The Link), a class A office complex located in downtown. The financing was secured by Newmark and led by co-head of global debt &
Greystone provides $33 million bridge loan for Conn. skilled nursing facility
March 14, 2025
Hartford, CT Greystone, a leading national commercial real estate finance company, has provided a $33 million bridge loan to refinance a skilled nursing facility in Connecticut. The financing was originated by Fred Levine, managing director at Greystone
DH Property Holdings secures
$19m for 85,000 s/f industrial site
March 14, 2025
Chelmsford, MA DH Property Holdings secured $19 million in financing for 85,000 s/f urban infill industrial site at 270 Billerica Rd. The company’s founder and principal Dov Hertz said this type of small infill industrial space has become much needed in the Greater Boston region
Atlantic Capital Partners secures $22.22 million loan for 85,134 s/f Braintree Marketplace on behalf...
March 14, 2025
Braintree, MA Atlantic Capital Partner’s Debt, Equity, and Structured Finance team has arranged $22.22 million in acquisition financing for Braintree Marketplace on behalf of Waterstone Properties Group.
CM&B awarded Herb
Chambers Porsche contract
March 21, 2025
Boston, MA Construction Management and Builders, Inc. (CM&B) was recently awarded a contract for the Herb Chambers Companies' new ground-up Porsche Dealership located at 1172
New office space available at Quonset Business Park - by Steven J. King
March 14, 2025
Quonset Business Park, located in North Kingstown, R.I., serves as New England’s premier business park. Home to 250 companies and nearly 15,000 jobs, Quonset is not only a hub of economic activity, but also a well-planned commercial community that integrates work, recreation and
Mott & Chace Sotheby’s sells
597 Beavertail Rd. for $7.819 million
March 14, 2025
Jamestown, RI Mott & Chace Sotheby’s International Realty negotiated the sale of 597 Beavertail Rd. for $7.819 million. The sellers were represented Judy Chace, broker/co-owner and Erin Marsh, sales associate, both of Mott & Chace Sotheby’s International
New commuter rail station and Tidewater Stadium driving revitalization - by Donald Grebien
March 14, 2025
There is a tangible sense of excitement in Pawtucket as two of our most important economic development opportunities are now a reality and delivering on the promise of creating jobs, creating more housing, improving transit, and revitalizing city neighborhoods. This is an exciting time
Providence Revolving Fund collaborates with BankRI to receive new CDFI advance from Federal Home Loa...
March 14, 2025
Providence, RI The Providence Revolving Fund (PRF), in collaboration with Bank Rhode Island (BankRI), has secured a new opportunity with Federal Home Loan Bank of Boston (FHLBank Boston) to further its work to transform communities, neighborhoods, and families. PRF is
City of East Providence distributes small business relief funds - by Roberto DaSilva
March 14, 2025
On December 11, 2023, the Rhode Island Department of Transportation abruptly announced the closure of the westbound span of the Washington Bridge due to structural deficiencies. This bridge carries Interstate 195 across the Providence River and is a crucial connection between the City of
Diverse mix of businesses makes Warwick the perfect community - by Frank Picozzi
March 14, 2025
For those looking for some recreation in the great outdoors, wooded trails and biking paths with spectacular water views, lush green grass perfect for a picnic, fun playgrounds with all the amenities, and modern sports fields can be found easily throughout Warwick. But what does one do when the
Sustainable design firm Shellf Life
to launch production & R&D facility
March 14, 2025
Providence, RI Transforming seafood waste into regenerative architectural materials, Shellf Life will join a community of creatives, makers, manufacturers, and workforce development businesses at 50 Sims. “Shellf Life brings regenerative manufacturing to 50 Sims,
Foncellino Team of Coldwell Banker
Commercial leases 4,000 s/f
March 14, 2025
Johnston, RI The Foncellino Team of Coldwell Banker Commercial (CBC) listed and leased, with an option to purchase, the auto repair building at 1225 Atwood Ave. The lessor was 1225 Associates LLC, and the lessee was Plumbers of R.I. LLC.
Casey of Sweeney Real Estate & Appraisal leases 20,000 s/f at Huntington Industrial Park
March 14, 2025
Providence, RI Kevin Casey of Sweeney Real Estate & Appraisal represented the landlord in a 20,000 s/f industrial lease agreement with Community Action Program & Health Services (CCAP). The site is located within the Huntington Industrial Park,
Roger Williams University recognizes
inaugural Shawmut Scholars
March 14, 2025
Bristol, RI With four years of real-world learning and mentorship experiences with a leading construction management firm, along with full tuition support, added to their tool belts, the inaugural cohort of Roger Williams University’s (RWU) Shawmut Scholars will graduate
Arakelian of Lila Delman Compass sells
6,487 s/f retail for $1.3 million in Wakefield
March 14, 2025
Wakefield, RI Lila Delman Compass negotiated the sale of signature downtown commercial building 323 Main St. for $1.3 million. Gregory Arakelian, sales associate of Lila Delman Compass represented the seller and facilitated for the buyer in this transaction.
Improvement or construction exchanges under IRC Section 1031 - by Brendan Greene
March 14, 2025
Internal Revenue Code (IRC) Section 1031 allows a property owner, who holds property for “the productive use in a trade or business or for investment,” to defer paying any capital gains taxes if the property owner sells such property, identifies “like kind” property within forty-five days of the sale, and acquires other
Making offers on replacement property before a relinquished property sale - by Lynne Bagby
March 14, 2025
Many New England real estate investors consider lucrative opportunities to purchase an investment property as good deals arise or sometimes when an off-market opportunity is presented. At such time, they may have a sale of an existing relinquished investment property in place (or ready to be marketed soon) that they intend to put in a 1031 exchange – yet,
Understanding related party rules in 1031 exchanges: What real estate investors need to know - by Mi...
March 14, 2025
The Reality of Related Party Exchanges
Contrary to common belief, 1031 exchanges between related parties are permitted under the tax code - they simply come with additional considerations. Understanding these rules is essential for New England