NEREJ to host Changing World of CRE Summit featuring a Lifetime Achievement Award honoring Bill Cummings

Woburn, MA – The New England Real Estate Journal (NEREJ), will host the Changing World of CRE Summit featuring a Lifetime Achievement Award honoring Bill Cummings of Cummings Properties on December 11

Yellowstone Property Group acquires Devonshire Place for $19.37 million - Butler and St. John of CBRE rep. seller

Holyoke, MA Yellowstone Property Group has acquired Devonshire Place, a 180-unit, market-rate apartment community located at 50 Holy Family Rd. The sale price was $19.7 million.

Boston Realty Advisors markets two multifamily properties totaling 109-units

Boston, MA Boston Realty Advisors (BRA) was engaged to market the sale of two multifamily assets situated in the Back Bay and Longwood Medical neighborhoods of the city. The institutional grade

OnPoint Capital starts construction on $2.5 million eight-unit condo project at 208 Spencer Ave., known as Spencer Flats

Chelsea, MA OnPoint Capital has started construction on an eight-unit condo project located at 208 Spencer Ave., known as Spencer Flats. The projected construction cost is $2.5 million. OnPoint Capital designed a building that will bring

Gardner of DMG Brokerage completes 2,200 s/f lease and $765,000 sale

Westwood, MA Dan Gardner of DMG Brokerage has leased 2,200 s/f to Development Pediatrics of Greater Boston located on the 2^nd floor of 100 High St. for three years starting in September. Gardner represented

Thru the Lens: 160 kids in need get new shoes from Brady Sullivan Properties

Merrimack, NH Brady Sullivan Properties has donated 160 pairs of shoes to underprivileged children who are currently enrolled in sports programs at Girls Inc. of NH and the YWCA/SNHU Center for New Americans.

Lassel Architects launches new website

South Berwick, ME Lassel Architects celebrated 30 years in business this month with the launch of a newly redesigned website. The new site allows

Condyne completes $26.25 million sale to an affiliate of NorthBridge Partners - handled by Benedict, Sherry, Hawkins, Sayles and Restivo of JLL

Andover, MA JLL has arranged a $26.25 million sale and $17.23 million financing for 160 Dascomb Rd. JLL exclusively represented the seller, a Condyne entity, procured the buyer, an affiliate of NorthBridge Partners a

Horvath & Tremblay brokers $13 million sale of Marshalls/HomeGoods Plaza in Wethersfield, CT

Wethersfield, CT Bob Horvath and Todd Tremblay of Horvath & Tremblay completed the sale of Marshalls/HomeGoods Plaza. Horvath & Tremblay represented the seller and procured the buyer to complete

A failed 1031 exchange may have tax benefits - by Bill Lopriore

An IRC section 1031 like-kind exchange started near the end of a tax year (December 31st for many) will often not be completed until the following tax year. The regulations address how to handle incomplete exchanges and cash “boot” received by the taxpayer in the following year.