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MassDEP to establish drinking water standards - by Susan Bernstein

Per and Polyfluoroalkyl Substances (PFAs) are chemical compounds manufactured and used in industrial and commercial products and have been shown in laboratory tests to have hazardous health effects. In May of 2016, the U.S. Environmental Protection Agency (EPA) developed a standard of 70 nanograms per liter (ppt) for two of the most prevalent PFAs, perfluorooctane sulfonic acid and perfluorooctanoic acid. Several states have adopted this standard

10-Year Trends in Hotel Real Estate Activity In New England - by Shane Vahey

Over the last decade, New England Hotel Realty (NEHR), one of the leading hotel brokerage and real estate advisory firms in the northeast, has seen the hotel construction pipeline in New England grow exponentially. At the end of 2009, there were 96 projects/11,372 rooms in the New England hotel construction pipeline. At the end of 2018, the pipeline reached a 10-year all-time high of 159 projects/20,411 rooms, a 65% increase over the 2009 total.

Cornerstone Realty Capital arranges $8 million financing for Central St. Apartments on behalf of True North Capital Partners

Stoughton, MA Cornerstone Realty Capital arranged $8 million in financing for the 48-unit Central St. Apartments for True North Capital Partners. The units are divided between two three-floor buildings, each with 18 two-bedroom/one-bathroom units and six one-bedroom/one-bathroom units.

Wason Associates negotiates sale of the Fox Ridge Resort

North Conway, NH Wason Associates Hospitality Real Estate Brokerage Group has negotiated the sale of the Fox Ridge Resort. The sale was comp...

Marshall of O,R&L Commercial brokers $1.35 million land sale - totaling 2.1 acres

New London, CT O,R&L Commercial, LLC has sold 2.1 acres located at 389 North Frontage Rd. for future redevelopment. The property transferred for a sale price of $1.35 million. Phil Marshall of O,R&L Commercial represented the buyer, Hampshire Venture Property LLC

Blaisdell of Nordlund Associates negotiates 2,804 s/f lease to AAA - Eisenhardt of Linear Retail represents the landlord

North Andover, MA Thomas Blaisdell, vice president of retail at Nordlund Associates, Inc. negotiated the lease of 2,804 s/f of 175 Turnpike ...

Citizens leads asset-based financing for Merfish Holdings

Boston, MA Citizens Commercial Banking led a senior secured asset-based financing to Merfish Holdings, LLC for the acquisition of United Pip...

The Geenty Group’s Clark earns New Haven CID award

Branford, CT According to Kristin Geenty, president, of The Geenty Group, William Clark has once again received the annual New Haven CID (Commercial Investment Division of the New Haven/Middlesex Board of Realtors) award for the largest number of commercial real estate transactions during 2018. 

Residential security deposit law primer for R.E. developers Part 1 - by Nelson Santos

You are a real estate developer and have recently developed a mixed-use or residential apartment complex that contains residential apartments. You went through the difficult process of planning, permitting, and building your state-of-the-art development. Now, rather than development and construction, your focus turns to filling each unit with occupants to maximize your return on investment

HFF completes $12.9 million sale and $10.5 million financing of Clinton Plaza

Clinton, CT Holliday Fenoglio Fowler, L.P. (HFF) completed the $12.9 million sale and the $10.5 million financing of Clinton Plaza, a grocery-anchored shopping center totaling 100,360 s/f. The HFF team marketed the property on behalf of the seller, JMH Associates LLC, and procured the buyer...