News:
Owners Developers & Managers
Posted: June 23, 2017
Serpone and Ring of The Hotel Exchange handle $1.1 million sale
The Hotel Exchange
West Dennis, MA The 38-room Guest Lodge Motel has sold for $1.1 million to the Weymouth family of David Tu. The property has a long history of success with a guest list of loyal customers that repeat stays there year after year. The property sports a full size swimming pool, an owner’s apartment and a breakfast area.
Dennis Serpone, president of The Hotel Exchange listed the property and Beverly Ring, vice president of the same company, solicited the buyer. Parents of the buyer own and operate two other well-known motels in Dennis and West Yarmouth.
The Hotel Exchange is a division of parent company, the National Restaurant Exchange, that recently celebrated its 37th year of restaurant and hospitality brokerage and consultancy.
The Hotel Exchange is a proud sponsor of the Hope Music Festival to be held at the Melody Tent in August for the benefit of Cape Cod Health Care.
MORE FROM Owners Developers & Managers
Heritage Properties celebrates preleasing of The Emery in Lowell
Lowell, MA According to Heritage Properties, The Emery – its newest multifamily community in downtown – is officially open for preleasing. Located at 218 Middlesex St., The Emery is at the corner of Middlesex and Pearl Sts. in the city’s JAM (Jackson/Appleton/Middlesex) urban renewal neighborhood zone.
.png)
Columns and Thought Leadership
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch
On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
Revitalized Town Centers: Retail??? - by Carol Todreas
It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala
Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
 (1).png)