Front Section

JLL arranges $97.5 million financing for 2nd phase of Atlantic Station on behalf of developer, RXR Realty

Stamford, CT JLL has arranged $97.5 million in financing for the development of the second phase of Atlantic Station, a mixed-use residential and retail property in downtown. JLL worked exclusively on behalf of the developer, RXR Realty, to secure the floating-rate construction loan through Bank OZK.

Arrowpoint Properties purchases 140-unit apartment complex for $29.3m

Methuen, MA Arrowpoint Properties has completed its latest acquisition of a 140-unit class B apartment complex property, Appleton Sq., for $29.3 million. The acquisition comes on the heels of its recent sale of River’s Edge Apartments in Haverhill,

Cushman & Wakefield represents Saletin Real Estate Group in the leasing of 600 Providence Hwy.

Dedham, MA Cushman & Wakefield represented Saletin Real Estate Group in the leasing of 600 Providence Hwy. The 90,000 s/f property across 11.25 acres was sold to an affiliate of Saletin Real Estate Group,

Can you use exchange funds for improvements on your replacement property in a 1031 exchange? by Bill Lopriore

A 1031 exchange is a great tool for exchangers who want to avoid paying tax on the gain from the sale of real estate. However, in order to completely defer the tax, an exchanger must find one or more replacement properties with a total fair market value that equals or exceeds

National Development and Charles River Realty Investors sell Constitution Wharf for $114 million to Jamestown

Charlestown, MA Newmark Knight Frank (NKF) has completed the $114 million sale of Constitution Wharf on behalf of National Development and Charles River Realty Investors to Jamestown. Vice chairman Edward Maher,

Jewett Construction hires Woodmansee as assistant project manager

Raymond, NH Jewett Construction has hired Eric Woodmansee to the team as an assistant project manager. With over twelve years of experience in the field, Jewett Construction is thrilled to have Woodmansee on board.

Borden joins Colliers as senior vice president

Boston, MA Colliers International has recruited north suburban leasing veteran, Jake Borden, to the company as a senior vice president.

Fox of RPL brokers $1.16 million sale in Providence

Providence, RI Residential Properties Ltd (RPL) completed the sale of 70 Laurel Ave. for the price of $1.16 million. Sales associate Kevin Fox, a member of RPL’s local office, represented the buyers for this transaction.

United Multi Family brokers sale of 12-unit property for $3.457m

Waltham, MA United Multi Family (UMF) brokered the sale of a 12-unit townhouse apartment building at 2-24 Lawton Place.

Cecil to retire from Harriman - Innes and Shah to take on leadership

Boston, MA According to Harriman, Steve Cecil, AIA, ASLA will retire this month. Cecil joined Harriman in 2015 when The Cecil Group merged with Harriman Associates. Cecil was the founder of The Cecil Group, an award-winning multidisciplinary design and planning firm