Spotlights

Project of the Month - Integrated Builders
nears completion of Lovell arena in Rockland, Mass.

Rockland, MA Integrated Builders celebrating its 30th year as the general contractor of choice by New England’s leading companies, is approaching the completion of this new 117,000 s/f ice arena for Lovell Academy that included extensive sitework and land clearing in the

Southern New Hampshire industrial market continues to remain strong for owners and investors - by Michael Harrington

If you’re a commercial real estate broker, industrial real estate investor, wholesale distributor, contractor, manufacturer or anyone who actively seeks or tracks the industrial real estate market. You won’t be surprised to learn that the state of the Southern New Hampshire industrial market continues to remain strong for owners and investors.

Nominate someone today for the 2022 Women in Real Estate Spotlight!

We are now accepting nominations and reservations for our annual "Women in Commercial Real Estate" spotlight!  Being published in our September 30th issueNEREJ will once again be recognizing the outstanding women from New England's commercial real estate industry and offering our readers key insights on their personal and professional achievements.

WinnCompanies completes $49.3m rehab of Preserve North apartment community - extends affordability for 45 years

Peabody, MA WinnCompanies celebrated the completion of a $49.3 million rehabilitation project to repair and modernize a 284-unit affordable housing community built inside the historic former leather tannery that helped make the city a worldwide hub

North Shore Realty Advisors, Inc. sells 26-30 Harwood St. in Lynn, MA for $5.765m

Lynn, MA Dan and Sara Pouladian of North Shore Realty Advisors, Inc. sold The Harwood Street Apartments located at 26-30 Harwood St., a 24-unit portfolio. This asset sold for $5.765 million equating to $240,208 per unit.

Employee must be paid in full for earned wages on termination date to avoid treble damages - by Michelle De Oliveira and David Kerrigan

A recent decision by the state’s highest court has reinterpreted the Massachusetts Wage Act’s damages calculation for a late wage payment to a discharged employee, holding that an employer that does not pay earned wages in full on an employee’s termination date is liable

Summer is the time to keep an eye on factors which affect our business futures - by David O'Sullivan

Ah, it’s summer and a time for relaxation and vacations. But the world does not pause when we decide to go away and enjoy the beach, mountains or explore new places. The news in the real estate industry is about supply chain issues, project delays, rising interest rates and falling sales

Why doesn’t it feel right? What is going on out there? Read the tea leaves - by Bill Pastuszek

Beige Book, June 2022. Economic activity in the First District increased slightly amid robust wage and price growth. Labor scarcity remained a widespread problem as headcounts increased only slightly. Restaurant profits fell on steep input price increases. The outlook for summer tourism was bright,

2022 Mid-Year Review and Forecast for 1031 tax-deferred exchanges in second half of 2022 - by Brendan Greene and Mark McCue

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 capital gains taxes if the property owner sells such property, identifies “like kind” property within forty-five days of

There must be a silver lining somewhere in this picture - Dennis Serpone

Due to the current state of our economy why would anyone want to start or own a small business in our country, let alone the capital intensive, labor intensive food & beverage industry? The answer is very simple…because ‘restaurants’ can be very profitable