In a typical 1031 Exchange, real estate investors are able to defer taxable gains under Internal Revenue Code (IRC) Section 1031. If a taxpayer engages in a like-kind exchange of property, which is a tax-deferred transaction in which one investment property is exchanged for another of the same type, they may defer recognition of any taxable gain or loss realized on the exchange.
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 45 days of the sale,
Tom at first considered a NNN property as an option for his 1031 exchange. Tom quickly realized he did not want to put such a large amount of capital into a single NNN property. Tom always remembered his grandmother using the expression, “never keep all your eggs in one basket”.
Fitness amenities are no longer a box to check – they’re a business strategy. Across the multifamily industry, wellness has shifted from luxury to expectation, and the communities that are winning in 2025 are those that deliver holistic ecosystems instead of simple gyms. These ecosystems combine technology, recovery, community activation,
Louisville, KY The New England SIOR chapter is already buzzing about attending the November Fall Conference being held in Louisville, from November 4-7, 2025. The chapter expects a strong turnout for this four-day session. The Global conference will be held at the Omni Louisville with an off-site visit to Churchill Downs.
Boston, MA Dennis Kelleher, John Pentore and Nick Bevilacqua of Horvath & Tremblay have completed the sale of a 529 Beacon St., a 23-unit apartment building. Horvath & Tremblay exclusively represented the seller, The Mount Vernon Company, and procured the buyer, The Copley Group,
Stoughton, MA Stephen Lynch, accredited commercial associate with Coldwell Banker Commercial NRT, and owner of SC Lynch Development Co., LLC, and Russell Hulteen, with Coldwell Banker Realty, have completed the closing of a high-profile property transaction. The $4.45 million deal includes a versatile 12-acre site
Marlborough, MA Carolina Mier-Casanova will be installed as an ARM (Accredited Residential Manager) of the Institute of Real Estate Management (IREM) during an upcoming chapter event.
Berwick, ME Colliers, a global leader in commercial real estate services, has finalized the sale of an industrial property, for $1.9 million, according to the Hillsborough County Registry of Deeds. The property, located at 2 Industry Dr., includes two industrial buildings totaling 24,280 s/f on 8.43 acres.
Quonset Business Park — located in North Kingstown, Rhode Island — is the region’s leading engine for economic development and job growth. Quonset is home to 250 companies working across nearly every sector of the economy. Newest among them is Anduril Industries, a defense technology
South Kingstown, RI Mott & Chace Sotheby’s International Realty negotiated the sale of 839C Ministerial Rd. for $2.4 million. The sellers were represented by Janet Kermes and Monica Boss, both sales associates of Mott & Chace Sotheby’s. Kermes and Boss also facilitated the sale
Nashua, NH Prolman Realty, Inc. has completed the sale of 219 - 221 Main St. Lisa Ferrari and Mark Prolman represented the seller, P&P 221 Main, LLC, and assisted the buyer, Gate City, LLC, on the transaction. 221 Main St., anchored by NBT Bank, is a three-story, 24,000 s/f building located
Norfolk, MA Fieldstone Commercial Properties has completed the sale of 8 Sherwood Dr., a 5,000 s/f industrial building, for $1.2 million. Nate Nickerson of Fieldstone Commercial Properties represented the seller, CableLAN. rian Glennon of Atlantic Commercial Real Estate represented the buyer.
Jamaica Plain, MA Representatives of CBRE, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler, completed the $37.8 million sale of 3200 Washington, a 73-unit apartment building. CBRE, Inc. exclusively represented the seller, 3200 Washington, LLC, an affiliate of Berkeley Investments,
On Tuesday, Sept. 2, 2025, the East Providence City Council unanimously approved several modifications to the city’s zoning ordinance that were required to conform to land use bills approved by the RI General Assembly in 2024. These bills were passed to create additional opportunities
Charlestown, RI Mott & Chace Sotheby’s International Realty brokered the sale of 14 Highland Rd. for $3.4 million. The sellers were represented by Ray Mott, broker/co-owner, and the buyers were represented by Stephen Murphy, sales associate, both of Mott & Chace Sotheby’s International
Boston, MA Whether you’re an experienced commercial real estate professional or new to the industry, Boston University’s program equips you for greater success.
Boston, MA Preparations have begin for the 37th Annual REFA Gala. Sponsorships and tickets are available for the 37th Annual REFA Gala on Thursday, October 17th at the Omni Boston at the Seaport, honoring National Development with the Swain Distinguished Service Award.
Providence, RI Compass brokered the sale of 135 Benefit St. for $1.8 million. Kira Greene, founding agent of Compass Providence, represented the seller and facilitated for the buyer. With the closing of this most recent sale, Compass has participated in 10 of the top 15 single family home sales on
About six months ago, or so, Artificial Intelligence was new news, with both hope and promise. It was predicted the progress would show results within a few years. The main question afloat was whether AI would improve worker and company productivity, or would it ultimately reduce the need for workers.