Spotlights
2023 Ones to Watch Rising Stars: Kevin McConnell, The Associated Construction Company
What recent project, transaction, or accomplishment are you most proud of? As a leader, I find fulfillment in creating an environment for employees to grow and flourish, achieved by securing profitable contracts for a stable and long-term workplace. Our goal is to ensure our team feels secure, happy and cared for, with growth opportunities.2023 Ones to Watch Rising Stars: Chris Dandreo, The Procopio Companies
When I am not working, I am: Recently, I’ve bought and began refinishing my house, which has been a significant undertaking. It has been an incredibly rewarding experience that has allowed me to transform the space. From basic repairs to long hours spent painting, each step has been a learning process.2023 Ones to Watch Rising Stars: Josh Sullivan, True Storage
What recent project, transaction or accomplishment are you most proud of? 2022 was a banner year for True Storage, with acquisitions being no exception. I am proud to have completed 15 transactions last year for development sites across the country, which will deliver over 1 million s/f of storage once construction is complete. Of those 15 sites, 12 required rezoning or entitlement work, which was no small feat.2023 Ones to Watch Rising Stars: Kevin Hanrahan, The Washington Trust Company
What recent project, transaction or accomplishment are you most proud of? A prospective borrower recently reached out to Washington Trust’s Commercial Real Estate team for construction financing for a new luxury residential subdivision in Rhode Island. Due to strong demand and a large number of presold units, the prospect’s former lender was unable to provide financing.2023 Ones to Watch Rising Stars: Matthew Cuneo, SVN | Parsons Commercial Group | Boston
What recent project, transaction or accomplishment are you most proud of? Since starting in 2023, I have been a part of 16 office, industrial and retail leasing transactions totaling over 64,000 s/f. I successfully helped represent Cressey Performance for their 15,000 s/f renewal at 577 Main St. in Hudson, Mass.2023 Ones to Watch Rising Stars: Jacqueline Maloney, Kaplan Construction
What recent project, transaction or accomplishment are you most proud of? I’m incredibly proud of building Castle Island Brewery in South Boston. Located in the historic former Cole Hersee manufacturing facility, the 9,500 s/f brewery features a tasting room adorned with a custom mural and focal wall, retail area, and private event space.2023 Ones to Watch Rising Stars: Tanya Larrabee, Sherin and Lodgen LLP
What recent project, transaction or accomplishment are you most proud of? I advised a local lender regarding a $32 million loan facility to affiliates of a renewable energy company for construction and permanent financing of six solar photovoltaic and energy storage systems on various properties in Massachusetts and Rhode Island.2023 Ones to Watch Rising Stars: Jim Hogan, Northstar Project & Real Estate Services
What recent project, transaction or accomplishment are you most proud of? The redevelopment of the MIT/Kendall Sq. MBTA Station. For the past five years, I have managed on behalf of MITIMCo the redevelopment of 6,000 s/f owned by three parties – MIT, city of Cambridge, and the state of Massachusetts.2023 Ones to Watch Rising Stars: Steve Koester, Corderman & Company, Inc.
What recent project, transaction or accomplishment are you most proud of? Over the last year, I had the opportunity to participate in the ACE Mentor Program in the Boston chapter. This year’s project involved developing an emergency response site in the Boston Common.Identifying replacement properties in a 1031 tax-deferred exchange 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 the sale, and acquires “like kind” property within one hundred eighty days of the sale.