$2 million gift from Cummings Foundation to help
Regis College combat nursing shortage

Woburn, MA Cummings Foundation, the nonprofit affiliate of commercial real estate firm Cummings Properties, has pledged $2 million to Regis College. This gift will fund the Carol A. Donovan Endowed Dean of Nursing as well as a future health care clinic in town. A 1959 Regis alumna,

DApice of The Mega Group sells 50-unit
The Princeton for $11m to ViceRoy Capital Management

Somerville, MA The Mega Group brokered the $11 million sale of 333 Broadway at a 4.29% capitalization rate. The subject property known as The Princeton is a 50-unit multi-family brick apartment building built in 1914 and situated on Winter Hill.

Cummings Properties appoints Aitchison and Halsey to its executive committee

Woburn, MA Cummings Properties has appointed Stephanie Aitchison and John Halsey to its executive committee. This 11-member team serves as the governing body for the commercial real estate developer.

DeStefano & Associates, Inc. starts Solar Way duplex

South Portland, ME DeStefano & Associates, Inc. (DAI) has started the construction of a duplex and triplex at Solar Way. These two buildings are the beginning of the larger Meeting House Hill project

Small of Malone Commercial Brokers earns CCIM; Fornaro and Saunders promoted

Portland, ME Malone Commercial Brokers (MCB) said that Jennifer Small, partner at Malone has earned the CCIM (Certified Commercial Investment Member) designation, a recognition awarded by the CCIM Institute to professionals who demonstrate expertise in the disciplines of commercial and investment real estate.

Northeast Private Client Group closes six-building 27-unit portfolio for $8.4 million

Chelsea, MA Northeast Private Client Group (NPCG) has announced the sale of 31-47 Louis St., a six-building portfolio. Senior associate Drew Kirkland, Francis Saenz, and Jim Casey represented the seller and procured the buyer.

Martinez of The Peabody Companies awarded IREM scholarship

Braintree, MA According to The Peabody Companies, Johanna Martinez has been awarded a New England Past President’s Scholarship by the Boston Chapter of the Institute of Real Estate Management (IREM) to pursue an Accredited Residential Manager (ARM) credential.

Butler, St. John, McLaughlin and Bowler of CBRE sell
195-unit Halstead Malden Sq. apartment community

Malden, MA Representatives of CBRE, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler brokered the sale of Halstead Malden Sq., a 195-unit, 100% market-rate apartment community.

Reifer promoted to executive director, residential brokerage at Senné

Boston, MA Senné has promoted Stacey Reifer to executive director, residential brokerage. In her new role, Reifer will leverage her background in sales, rental expertise, and on-site development to drive Senné’s residential brokerage.

Ogasapian of R.W. Holmes Commercial Real Estate leases 5,034 s/f to Commlink Integration

Burlington, MA R.W. Holmes Commercial Real Estate completed a new 5,034 s/f flex lease at 1 North Ave. R.W. Holm-es vice president Mike Ogasapian represented the tenant, Commlink Integration, a technology solutions company