This article summarizes the basics of (a) the federal Corporate Transparency Act (the CTA), which became effective on January 1
st, 2024, (b) the New York LLC Transparency Act (NY LLCTA), which was passed on March 1
st, 2024 and becomes effective on January 1
st, 2026, and (c) state transparency laws that have been proposed for passage in California and Massachusetts.
Brockton, MA MassHire Greater Brockton Workforce Board has appointed Jason Hunter as the next executive director. Born and raised in the region, Hunter has over 20 years of experience in the nonprofit world and has been proven to be a leader in the field.
Beverly, MA MassDevelopment has issued a $9.4 million tax-exempt bond, enhanced with a mortgage insurance guarantee, on behalf of Northshore Education Consortium (NEC), an educational collaborative providing special education across multiple public day schools to students with emotional, behavioral, and developmental disabilities.
Portsmouth, NH David Choate, executive vice president and a principal of Colliers, has been inducted into the 2023 Everest Club. Choate’s brokerage expertise covers the sale, leasing, and valuation of office, industrial, and investment properties, as well as commercial land tracts in the Portsmouth and Dover submarkets.
Hudson, MA Bret O’Brien and Ben Gatti of Greater Boston Commercial Properties, Inc. represented the seller of 68 Tower St. The 40,000 s/f property is on 1.2 acres and sold for $2 million.
Plainville, MA The Stubblebine Company/CORFAC International negotiated the sale of 171 Washington St. for $2 million. Situated along Rte. 1, five miles from Gillette Stadium, this property comprises of a 4,800 s/f building on 2.1 paved acres.
Medford, MA Unravel Biosciences will move next month from an incubator lab at UMass. Boston to 3,200 s/f of dedicated space within Cummings Properties’ Boston Ave. innovation campus. The space will house its administrative and research and development functions.
Worcester, MA Nixon Peabody LLP represented Trinity Financial in a complex financing transaction that kicks off the first phase of a multi-phase planned redevelopment of a Worcester Housing Authority property.
Winchester, MA Wise Construction has hired Matthew Emond as director of virtual planning & construction. Bringing an extensive 21+ years of experience to the team, Emond will lead project teams toward the future of construction; innovating processes
Westerly, RI Closing in early May, Pete Hayes and Derek Brazeau of Hayes & Sherry, a Cushman & Wakefield alliance member, brokered the $1.775 million sale of 2 Crosswind Rd. The firm represented the seller, The Washington Trust Company, in the deal.
