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CBRE completed the sale of 298-unit Mave Apartments

Stoneham, MA The CBRE Capital Markets team completed the sale of Mave Apartments for an undisclosed amount. Mave Apartments is a 298-unit 100% market-rate class A apartment community spread over 14.9 acres adjacent to the 2,300-acre Middlesex Fells Reservation

Residential Security Deposit Law tips for the developer - by Nelson Santos

In my previous article, I outlined the potential pitfalls in accepting and holding a security deposit from a residential tenant in Mass. As an owner/landlord, your goal is to maximize your return on investment. The failure to comply with the specific technical requirements of the security deposit law will ultimately eat into your bottom line.

SLAM receives 2019 ASHE Vista Award at the PDC Summit in AZ

Worcester, MA The S/L/A/M Collaborative (SLAM) was part of the team to receive the 2019 Vista Award in the category of renovation for the MC2020 Memorial Campus Refresh project at UMass Memorial Medical Center.

Mozina of Rackemann Sawyer & Brewster presents at Real Estate Bar Association’s open meeting on 4/3

Boston, MA According to law firm Rackemann, Sawyer & Brewster, attorney Angel Kozeli Mozina presented on “Thorny Issues for Massachusetts Condo Practitioners,” at the Real Estate Bar Association’s (REBA) Condominium Law and Practice section open meeting, April 3.

Wilcox of Bulfinch brokers 16,000 s/f lease to Candel Therapeutics on behalf of ownership - Colliers reps tenant

Needham, MA According to Bulfinch, Candel Therapeutics, a Massachusetts based biotechnology company, has signed a 7-year lease for 16,000 s/f of lab and office space at 117 Kendrick St. Mike Wilcox, senior vice president, director of leasing at Bulfinch, represented the ownership.

Faulkner and Kindlan of KW Comm'l. handle 13,500 s/f lease for builder/landlord, Bernie and tenant, NEEDS Ctr.

Rowley, MA Faulkner Commercial Group and KW Commercial completed the full 10-year, 13,500 s/f lease of 305 Newburyport Tpke., a newly constructed medical office building.

NB Development breaks ground on The TRACK at new balance - designed by Elkus Manfredi Architects; constructed by John Moriarty Assocs.

Boston, MA NB Development Group broke ground on The TRACK at new balance at Boston Landing, a multi-sport athletic complex which will offer a pinnacle sports experience for athletes, as well as a concert venue with The Bowery Presents and a New Balance Athletics Sports Research Lab.

Wason Associates negotiates sale of the Manchester View and Inn at Sunset Hill

Manchester, VT Wason Associates Hospitality Real Estate Brokerage Group has completed the sale of two properties–The Manchester View, located in Manchester, VT and the Inn at Sunset Hill in Sugar Hill, N.H.

IRC 1031 Exchanges of foreign real estate - by Bill Lopriore

Unfortunately, it is not possible to exchange real estate in the United States for real estate located in another country as part of a 1031 exchange. However, you can exchange foreign real estate for foreign real estate. 

Collias of Southcoast Auctions completes auction of Adams House

Fall River, MA Robert Karam stood silently at the front of the 40 people gathered for the auction of the Adams House. Auctioneer George Collias, MBA of Southcoast Auctions & Realty, Inc. started the bidding at $500,000 and pushed it quickly to $1 million, where it suddenly stalled.