Los Angeles, CA Cove Capital Investments, LLC, a leading DST sponsor company specializing in debt-free 1031 exchange options, reported a record-breaking performance in 2024, raising $166.5 million in equity, earning the number 9 spot in total capital raised within the securitized 1031 exchange Delaware Statutory Trust (DST) sector,
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
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,
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
Boston, MA Saam Architecture, a leading architectural firm known for its innovative design solutions and progressive firm culture, has announced the addition of six new shareholders. The new shareholders, Chin Chin Yao, David Goodman, Katie Kernizan
Leominster, MA According to O’Brien Commercial Properties, Utility Partners of America (UPA) has leased 20,000 s/f of warehouse space at 435R Lancaster St. UPA is a construction management and services company partnering with energy cooperatives to service utility infrastructure
Salem, MA Calare Properties has expanded its prime industrial property portfolio with the purchase of 1 Technology Way. The 84,700 s/f manufacturing facility sits on 16 acres in the high-demand Northern Boston market.
Seekonk, MA The Stubblebine Company/CORFAC International has brokered the sale of an IOS site at 75 Mead St. Matty Drouillard and James Stubblebine of The Stubblebine Company represented the buyer, Alterra IOS Acquisitions III, LLC, and secured the seller, Anawan Realty, Inc.,
Beacon Falls, CT Plans4Less, a construction technology enterprise providing a seamless blueprint ordering and delivery platform, formed a first-in-market blueprint partnership with PreconSuite, a leading end-to-end bidding Software-as-a-Service (SaaS) company
Uxbridge, MA JLL Capital Markets arranged the $120 million sale and acquisition financing for Uxbridge Distribution Center, a newly constructed 607,486 s/f distribution facility located at 40 Lackey Dam Rd.
