Boston, MA The HYM Investment Group (HYM), a leading real estate development company, has promoted John Hurley to the position of partner while continuing his duties as director of development. As partner, Hurley will hold a pivotal role at the company, helping to lead its strategic vision
Lowell, MA Spencer Norton of Horvath & Tremblay has arranged the sale of a three-building, 31-unit multi-family portfolio. Norton exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $5.325 million and $171,774 per unit.
North Haven, CT Nanette Pastore, president of Pearce Real Estate, has welcomed Miguel Olivares to their local office. Miguel is an experienced and skilled realtor with a proven track record of success in negotiation and communication.
Boston, MA Less than a week after her State of the Commonwealth address in which she vowed to tackle rising housing costs, governor Maura Healey has committed resources to support the production and preservation of more than 1,900 housing units as part of 26 projects in 19 communities across the state.
Boston, MA Synergy, a real estate investor, operator, and manager, has hired Brian Collins to their leadership team. With over two decades of institutional real estate investment management experience, Collins joined Synergy as the executive vice president, head of asset management.
Jamestown, RI Compass has completed the sale of 101 Mount Hope Ave. for $1.92 million. Kira Greene, a founding agent of Compass Providence, represented the seller in this transaction. Situated in the Bryer Farm neighborhood, this property offers a view of the western horizon, overlooking the golf course
Millbury, MA NAI Glickman Kovago & Jacobs facilitated the sale of 100 Riverlin St. for $3.5 million. Principal James Glickman and vice presidents Cody Miner and Nolan Ryan represented the seller, GreatNeck, in this transaction. Ryan and Miner also represented the buyer, Sturbridge Supplies.
Selling vacant to an owner-user was once the obvious choice for maximizing the sale price. However, the bullish pace of the industrial market shattered this paradigm. Investors identified the remarkable upward trajectory of property values and began adopting a forward-looking approach,
Fall River, MA NeighborWorks Housing Solutions (NHS) has opened its newest location at 139 South Main St. The opening was made official at a formal ribbon-cutting ceremony attended by mayor Paul Coogan, state representatives Carole Fiola and Alan Silvia, Michael Williams of NeighborWorks America, and staff members from the office of congressman Jake Auchincloss.
Boston, MA According to BioMed Realty (the company), a leading provider of real estate solutions to the life science and technology industries, Tracy Letchworth, Ed McDonald and Kevin Vu have been promoted to the role of vice president.
Braintree, MA According to The Peabody Companies, Janelle Fernandez has been awarded a New England Past President’s Scholarship by the Boston Chapter of the Institute of Real Estate Management (IREM) to pursue an Accredited Residential Manager (ARM) credential.
Is it better to renovate or build new? We often encounter clients contemplating this question. There are many parameters involved in understanding if it makes more sense to renovate an existing building or take on a new, ground-up construction project. Key factors such as cost, time, and scope can make one option more viable than the other.