Category: Owners Developers & Managers

HYM Investment Group names Hurley as partner

HYM Investment Group names Hurley as partner

February 2, 2024
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
Norton of Horvath & Tremblay <br> sells 31 units for $5.325 million

Norton of Horvath & Tremblay
sells 31 units for $5.325 million

February 2, 2024
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.
Olivares joins Pearce Real Estate in the New Haven office

Olivares joins Pearce Real Estate in the New Haven office

February 2, 2024
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.
Healey-Driscoll administration commits to <br>26 new affordable housing developments

Healey-Driscoll administration commits to
26 new affordable housing developments

February 2, 2024
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.
Synergy adds Collins to leadership team

Synergy adds Collins to leadership team

February 2, 2024
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.
Compass represents seller in $1.92m sale of 101 Mount Hope Avenue

Compass represents seller in $1.92m sale of 101 Mount Hope Avenue

February 2, 2024
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
NAI Glickman Kovago & Jacobs facilitates 54,000 s/f three-building sale - $3.5m

NAI Glickman Kovago & Jacobs facilitates 54,000 s/f three-building sale - $3.5m

February 2, 2024
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. 
Industrial leaseback vs. user sale - by Harrison Klein

Industrial leaseback vs. user sale - by Harrison Klein

February 2, 2024
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,
NeighborWorks Housing Solutions holds new office ribbon-cutting at 139 S. Main St., Fall River

NeighborWorks Housing Solutions holds new office ribbon-cutting at 139 S. Main St., Fall River

February 2, 2024
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.
BioMed Realty promotes Letchworth, McDonald and Vu to vice president

BioMed Realty promotes Letchworth, McDonald and Vu to vice president

February 2, 2024
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.
The Peabody Companies’ Fernandez awarded IREM Scholarship

The Peabody Companies’ Fernandez awarded IREM Scholarship

February 2, 2024
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.
New construction vs. renovation: Key considerations - by Thomas Dionne

New construction vs. renovation: Key considerations - by Thomas Dionne

February 2, 2024
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.