A Subordination, Non-Disturbance and Attornment Agreement (SNDA) is a vital cog in the commercial real estate machine. Properly negotiated, it ensures the divergent interests of all parties involved in a commercial mortgage loan transaction — the landlord, tenant, and lender.
South Boston, MA National Development filed plans with the city for a mixed-use project at 333 Dorchester Ave. The planned redevelopment would transform a former industrial property into a mixed-use building that includes 265 apartments, 47,000 s/f of commercial space
Boston, MA According to Gables Residential, a leader in multifamily development and management, Gables Seaport, located on 501 Congress St., has opened its marketing center. Along with Drew Company, Gables Residential is bringing a 23-story, 307 apartment home building to the Seaport District
Lexington, MA Hobbs Brook Management has acquired Ledgemont Technology Center, from a group of investment partners including the Beal Company and Boston Andes Capital. Ledgemont has long been managed by Related Beal. According to public record the property was acquired for $112.5 million.
Braintree, MA According to Peabody Properties, the following individuals have earned their Accredited Residential Manager (ARM) credential through the Institute of Real Estate Management(IREM): Penny Brady, property manager of Melville Towers
Rocky Hill, CT According to the Connecticut Green Bank, the state’s Commercial Property Assessed Clean Energy (C-PACE) program surpassed 300 closed projects at the end of 2019, reaching a total of more than $163 million in clean energy financing investment
Boston, MA The Seyon Group (Seyon) has formed Seyon Management (SM), a nationally focused third-party provider of comprehensive real estate services. SM provides accounting, property management, construction management, asset management, and corporate advisory services
Lexington, MA J. Calnan & Associates, Inc. (JC&A), one of the leading construction management firms in the Northeast specializing in pre-construction services and challenging construction projects, completed the corporate headquarters for Dicerna Pharmaceuticals, Inc., a developer of
Boston, MA Samuels & Associates and institutional investors advised by J.P. Morgan Asset Management have started construction on 201 Brookline, with expected completion in spring 2022. The creation of 500,000 s/f of office and lab space at 201 Brookline is Phase II
New Bedford, MA Poyant, a sign manufacturer and branding specialist, has named Christopher Ramm, repair and maintenance project manager. Ramm’s focus in this new role is to assist customers with their service and repair needs.
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