Many of the characteristics that contributed to the strong performance of the multifamily investment market throughout 2021 remain present in 2022. By December 2021, national rents had the sixth straight month of double-digit rental rate increases. The national median rent for a one-bedroom apartment in
I just returned from a two week road trip to Florida. I picked up my sister in Baltimore (who cannot fly due to a medical condition) and off we went, driving through the Carolinas down to Boynton Beach (just below West Palm Beach). I travel the East Coast routinely as I have two partnerships in Raleigh, NC, but my sister
South Burlington, VT Taconic Capital Advisors and Eastern Real Estate have partnered to acquire University Mall. The 617,000 s/f shopping destination is the largest in the state, as well as one of the most-visited in the state, with an estimated 3.9 million annual
Nashua, NH South Coast Improvement Company, a design-build general contractor, began a new build, out-of-ground construction project at Benchmark Senior Living at Nashua Crossings, at 674 West Hollis St.
Manchester, NH Michael Reed, president of Stebbins Commercial Properties LLC leased 3,640 s/f at 93 South Maple St. from Queen City NK Investments, LLC to Desmond Holman DBA Daw Kun Thai LLC.
Concord, NH Shrika Chikurty and Mark Condon have joined North Branch Construction. Chikurty,
joining North Branch in the role of project engineer, comes to North Branch Construction
Portland, ME Nick Lucas has taken home The Boulos Company’s 2021 Broker of the Year award. Lucas, who has worked with The Boulos Company for almost five years, has carved out a niche in the Central Maine market selling multifamily complexes, along with office and industrial properties.
Meredith, NH Sue Locantore has joined Roche Realty Group, Inc. Locantore has been practicing real estate in the Lakes Region for 35 years. She has experience in selling residential homes and estates, commercial/investment properties,
Concord, NH Adam Roy has been named an associate of Nobis Group. Roy, a senior project manager with Nobis, is a credentialed licensed site professional (LSP) and certified hazardous materials manager (CHMM) experience with 20 years of leading
Augusta, ME The Boulos Company’s Tony McDonald and Nick Lucas represented Silver Street Partners in the sale of a subsidized housing project at 82 Glenridge Dr., one of the largest subsidized multifamily deals in Maine in recent years. The 120-unit property was purchased for $8.025 million by Midland Capital Partners,
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