Front Section

Cottonwood Group lends $240 million senior mortgage financing
to The St. Regis Residences, Boston

Boston, MA Cottonwood Group, a private equity real estate investment firm, has lent $240 million in senior mortgage financing to The St. Regis Residences, Boston 22-story, 114 unit tower developed by Cronin Development at 150 Seaport Blvd. in the city’s Seaport District.

New England Developments’ 178-unit Rowen at The Pinehills completed

Plymouth, MA According to Bozzuto, the first residents at Rowen at The Pinehills have moved into the new, 178-apartment home residence. Rowen is in The Pinehills Village Green; a walkable town center, with proximity to Rte. 3, Cape Cod and the South Shore, and Boston via a nearby MBTA

Harrington & Co. and Norton Asset Management sell
three industrial buildings for $4.5 million

Concord, NH Harrington & Company teamed up with Norton Asset Management to complete the sale of 78 Regional Dr. 78 Regional Dr. is a fully leased industrial property consisting of three industrial buildings (20,000 s/f, 20,000 s/f and 18,000 s/f) on 7.22 acres

Suffolk and Massport partner with USO to make 1,000 care packages for active duty military

Boston, MA Suffolk and the Mass. Port Authority (Massport) partnered with the USO to produce 1,000 USO care packages for active-duty military members. Suffolk, Massport and the USO are honored to come together, show gratitude, and spread holiday cheer to deployed service members by putting together

Procopio promotes Brook to chief operating officer

Middleton, MA The Procopio Companies (Procopio) has promoted Shad Brook to chief operating officer. He previously held the position of director of operational excellence. Brook’s promotion is part of Procopio’s continued commitment to company growth and expansion across markets

Hershfield of Greenberg Traurig named “Go To” Lawyer for CRE by Massachusetts Lawyers Weekly

Boston, MA Edward Hershfield, shareholder and co-chair of the real estate group in the global law firm Greenberg Traurig, LLP, was named a 2023 “Go To” Lawyer for Commercial Real Estate by Massachusetts Lawyers Weekly.

The Boulos Company adds three team members

Portland, ME The Boulos Company has added three new team members to their roster, bringing the new talent count to six for the year. Cassadi Chase joined The Boulos Company as an office assistant in Portland. Previously, she worked as a technology specialist with TalentLaunch,

Four reasons why investors should consider Qualified Opportunity Zone Funds for tax advantages and potential returns - by Dwight Kay

Qualified Opportunity Zone Funds (QOZF) have become an integral part of the investment landscape in recent years for those investors seeking to defer capital gains taxes on the sale of appreciated assets. At Kay Properties, our team has helped many accredited investors nationwide understand and participate in Qualified

Mott & Chace Sotheby’s International Realty brokers $5.4 million sale of 352 Ocean Road

Narragansett, RI Mott & Chace Sotheby’s International Realty completed the sale of 352 Ocean Rd. for $5.4 million. The sellers were represented by Kylie McCollough and Jennifer Crellin, both sales associates of Mott & Chace Sotheby’s International

Refinancing secured for The Copley Square Hotel by JLL Hotels & Hospitality group

Boston, MA JLL’s Hotels & Hospitality group has arranged refinancing for The Copley Square Hotel, a FOUND Hotel, the 164-key boutique hotel with over two stories of F&B retail space. JLL worked on behalf of the borrower, Hawkins Way Capital, LLC.