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Imelda Barnhurst becomes new owner of Gienapp Architects

Danvers, MA Imelda Barnhurst, vice president of Gienapp Architects, a North Shore-based architecture firm, has become the firm’s new owner and principal, while founder

Pouladians of North Shore Realty Advisors Inc. complete sale of 55 Broad Street apartments for $4.2 million

Lynn, MA North Shore Realty Advisors Inc. has compelted the sale of 55 Broad Street Apartments. This particular property has not been available for sale since 1975 where the client

Goldberg and Lamattina purchase 27 units for $3.8 million
in Lawrence, MA

Lawrence, MA Jay Goldberg and David Lamattina have purchased 27 units for $3.8 million. The property is comprised of four buildings on one parcel located at 102-114 Water St. and 13-27 Jordan St.

Imprint now leasing - developed and managed by The Michaels Organization

Dorchester, MA Imprint, a new amenity-rich multifamily community located at 780 Morrissey, is now leasing and ready for move-ins. The new community offers comfort and convenience to those seeking high-quality housing in one of Boston’s most interesting and diverse neighborhoods

1031 Exchange funds – Are they safe and secure? - by Michele Fitzpatrick

When it comes to ensuring the safety and security of your 1031 Exchange funds, it pays to do your due diligence. One of the most important decisions for all investors who are planning to defer taxes with a 1031 Exchange is which Qualified Intermediary (QI) to hire.

Top 1031 Exchange pitfalls - by Lynne Bagby

As we enter into a “spring” market here in New England, real estate investors who are contemplating a 1031 tax deferred exchange transaction sometimes find that they have an unexpected or unplanned issue that could obstruct their ability to successfully complete a 1031 exchange as anticipated. This article briefly addresses some of the most frequent 1031 exchange mistakes and pitfalls to be avoided.

Improvement or Construction Exchanges under IRC Section 1031 - by Brendan Greene

Internal Revenue Code (IRC) Section 1031 allows a property owner, who holds property for “the productive use in a trade or business or for investment”, to defer paying any capital gains taxes if the property owner sells such property, identifies “like kind” property within forty-five days of the sale, and acquires other “like kind” property within 180 days of the sale.

A.W. Perry signs new tenant and completes
15,000 s/f in renewals at 420 Boylston St.

Boston, MA A.W. Perry, a relationship-driven real estate investment and services firm, has completed a new lease, as well as long-term tenant lease renewals and expansions totaling more than 15,000 s/f at 420 Boylston St. in the Back Bay neighborhood.

Horvath, Tremblay and Hare of Horvath & Tremblay brokers
$10.324 million sale of CVS store in Spencer, MA

Spencer, MA Bob Horvath, Todd Tremblay and Hobart Hare of Horvath & Tremblay have completed the sale of a CVS. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $10.324 million

Capital gap for business owners of color in the CRE sector - by Colleen Fonseca

The widening capital gap for business owners of color, particularly those involved in commercial real estate, is evident in the disparities in loan approval rates and is a pressing issue that continues to worsen. According to a report by the Federal Reserve, minority-owned businesses – including those in real estate and construction – face higher denial rates for loans, as high as 20% at times,