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CrossHarbor Capital Partners hires Paton as partner and Kinsella as senior director
January 12, 2024
Boston, MA CrossHarbor Capital Partners has expanded its senior team with the appointments of Scott Paton as a partner and head of business development and investor relations, and Brian Kinsella as a senior director with responsibility for capital fundraising initiatives in North America.
Marcus & Millichap sells Parkside
Court Apartments for $6.2 million
January 12, 2024
Framingham, MA Marcus & Millichap has completed the sale of Parkside Court Apartments. The asset sold for $6.2 million. Griffith, Tony Pepdjonovic, and Jeremy Buckley of Marcus & Millichap’s Griffith Pepdjonovic Group had the exclusive listing to market the property on behalf of the seller and procured the buyer
Ogasapian of R.W. Holmes represents buyer in $1.845 million purchase
January 12, 2024
Burlington, MA R.W. Holmes, one of the largest commercial brokerage firms serving tenants and landlords in Massachusetts for more than 45 years, has negotiated the sale of a boutique industrial/flex building to Hub Building Maintenance.
Price of The Peabody Companies recognized as Rising Star by Massachusetts Apartment Association
January 12, 2024
Boston, MA According to The Peabody Companies, Kaleen Price has been honored with a Professional Achievement Award by the Massachusetts Apartment Association (MAA). Price was named a 2023 Rising Star during the November 30th MAA President’s and Achievements Award Dinner
Galvani and Cuneo of SVN | Parsons Commercial Group | Boston handle $5.1 million sale of a 43,000 s/...
January 12, 2024
Southborough, MA SVN | Parsons Commercial Group | Boston has completed the sale of a 43,000 s/f flex building at 337 Turnpike Rd. for $5.1 million. Vice president | investment sales, Victor Galvani and associate advisor, Matt Cuneo of SVN | Parsons Commercial Group
G.S. Wilcox & Co. secures $49 million in financing for portfolio
January 5, 2024
Carlstadt, NJ G.S. Wilcox & Co. has completed $49 million in financing for a four property industrial portfolio. The financing was secured by Gretchen Wilcox, president, and David Fryer
Opportunity zones remain attractive options for tax deferral - by Morris, Kaplan and Royce
January 5, 2024
Despite current market challenges, Qualified Opportunity Funds (QOFs) remain an attractive option for investors to defer capital gains on the underlying investment and to receive other tax benefits in return for investing in real estate and businesses located in economically disadvantaged areas designated as Opportunity Zones.
R.W. Holmes brings 320 Norwood Park South to 100% occupancy with 6,000 s/f lab lease
January 5, 2024
Norwood, MA R.W. Holmes has negotiated a 6,000 s/f lab lease at 320 Norwood Park South, bringing the building to 100% occupancy. Hilltop Bio, a veterinary biotech company built on a foundation of compassion for animals and the veterinary professionals who care for them
The Stubblebine Company/CORFAC International and Commonwealth Property Associates secure $5 million...
January 5, 2024
Leominster, MA The Stubblebine Company/CORFAC International and Commonwealth Property Associates secured the $5 million sale of 27 Nashua St. to All Star Sports. Alan Ringuete of The Stubblebine Company procured the buyer, Ampac Enterprises, also known as All Star Sports,
Chestnut Hill Realty named top employer in 2024 Best Places to Work in Multifamily list
January 5, 2024
Chestnut Hill, MA Chestnut Hill Realty (CHR) has been selected to a national list of 2024 Best Places to Work in Multifamily. The accolade was announced at the Multifamily Innovation Summit in Phoenix, AZ, in early December. The company ranked #11 nationally
SRS Distribution signs 14,628 s/f lease at Combined Properties Inc.'s 206-210 Mystic Avenue
January 5, 2024
Medford, MA Combined Properties Inc., a full-service real estate investment and development firm, has extended a 14,628 s/f lease of industrial space to SRS Distribution at 206-210 Mystic Ave. SRS Distribution is a wholesale roofing products distributor that serves professional roofing contractors.
Greater Boston Commercial Properties closes two sales totaling $5.025 million
January 5, 2024
Shrewsbury, MA Tyler DeWolfe and Nishan Papazian of Greater Boston Commercial Properties, Inc. closed two sales totaling $5.025 million. DeWolfe and Papazian represented the seller, Tucker Farm, LLC, in the sale of 2.09 acres located at 709-715 Hartford Tpke.
The DSF Group acquires 225 units in
$74 million sale arranged by CBRE
January 5, 2024
Marlborough, MA CBRE has completed of the $74 million sale of Talia Apartments, a 225-unit luxury apartment community located within the MetroWest employment market. This residential community was acquired by a fund advised by The DSF Group from Fairfield and its institutional partner.
Premier Commercial brokers $24m sale of
Provincetown Inn to Linchris Capital Partners
January 5, 2024
Provincetown, MA John Ciluzzi, president of Premier Commercial of Centerville, has marketed and sold the property located at 1 Commercial St., known as the Provincetown Inn, for $24 million. The sale occurred on December 22 to Linchris Capital Partners, a local hospitality company based in Plymouth. Linchris owns and manages a number of hospitality properties in the market.
IFMA Boston celebrates volunteers on December 4th with an appreciation event at King’s
January 5, 2024
Boston, MA IFMA Boston celebrated our volunteers on December 4th with an appreciation event at King’s in Burlington. Our volunteers are the backbone of IFMA Boston, and it is only because of them that we can offer a wide array of programming for our facility manager end users as well as our associate members.
CAI 2024 state policy priorities - by Dawn Bauman
January 5, 2024
CAI’s 36 legislative action committees (LACs) run by hundreds of volunteers have led the conversations with state legislators and other stakeholders resulting in new laws allowing community associations to conduct business via virtual meetings and electronic voting and new laws mandating reserve studies,
IREM President’s Message: Ringing in the New Year
January 5, 2024
It is my privilege and honor to lead the IREM Boston Chapter #4 as we enter 2024 – a year when we must continue to navigate what is the new normal for the real estate industry and seek out innovative ways to adapt how we conduct business.
BOMA Boston Update: Property Management Excellence Roundtable and BOMA Ski Trip!
January 5, 2024
Boston, MA Join BOMA for our first roundtable of 2024, Property Management Excellence featuring 2023 TOBY & Industry award winners! This roundtable will take place on Thursday, January 18th from 12:00 p.m. – 1:30 p.m. Clayton Wentworth, 2024 BOMA Boston president with Alexandria Real Estate Equities will be moderating the program
City of Boston approves first phase of $2 billion redevelopment
January 5, 2024
Boston, MA WinnCompanies and the Boston Housing Authority (BHA) will begin in 2024 on the $2 billion redevelopment of the Mary Ellen McCormack public housing complex under a two-phase master plan to build 3,300 mixed-income apartments on the 30-acre site, including the replacement of all 1,016 public housing units with a guaranteed right to return for current residents.
Capitalizing on next-gen electric vehicle charging in New York/New England real estate - by Hooman ...
January 5, 2024
For property owners and developers, tenant experience is everything. This means top-notch building amenities and technology integrations that match their lifestyle. As the electric vehicle (EV) industry grows, EV charging is at the top of their list of amenities.