Category: Owners Developers & Managers

Boston, MA Join BOMA for our first roundtable of 2024, Property Management Excellence featuring 2023 TOBY & Industry award winners! This roundtable will take place on Thursday, January 18th from 12:00 p.m. – 1:30 p.m. Clayton Wentworth, 2024 BOMA Boston president with Alexandria Real Estate Equities will be moderating the program

It is my privilege and honor to lead the IREM Boston Chapter #4 as we enter 2024 – a year when we must continue to navigate what is the new normal for the real estate industry and seek out innovative ways to adapt how we conduct business.

CAI’s 36 legislative action committees (LACs) run by hundreds of volunteers have led the conversations with state legislators and other stakeholders resulting in new laws allowing community associations to conduct business via virtual meetings and electronic voting and new laws mandating reserve studies,

Boston, MA IFMA Boston celebrated our volunteers on December 4th with an appreciation event at King’s in Burlington. Our volunteers are the backbone of IFMA Boston, and it is only because of them that we can offer a wide array of programming for our facility manager end users as well as our associate members.

Provincetown, MA John Ciluzzi, president of Premier Commercial of Centerville, has marketed and sold the property located at 1 Commercial St., known as the Provincetown Inn, for $24 million. The sale occurred on December 22 to Linchris Capital Partners, a local hospitality company based in Plymouth. Linchris owns and manages a number of hospitality properties in the market.

Marlborough, MA CBRE has completed of the $74 million sale of Talia Apartments, a 225-unit luxury apartment community located within the MetroWest employment market.  This residential community was acquired by a fund advised by The DSF Group from Fairfield and its institutional partner.

Despite current market challenges, Qualified Opportunity Funds (QOFs) remain an attractive option for investors to defer capital gains on the underlying investment and to receive other tax benefits in return for investing in real estate and businesses located in economically disadvantaged areas designated as Opportunity Zones.

Worcester, MA Construction manager F.W. Madigan Company (Madigan), Inc., in partnership with Maugel DeStefano Architects, will lead a collaborative design-build project for the adaptive reuse of the historic former Worcester

Boston, MA Industry veteran John Vecchi has joined Marr Scaffolding Company’s Scaffold Division as sales representative / project manager. Vecchi will be responsible for sales, estimation

Salem, MA Stephen Girolamo of Horvath & Tremblay has arranged the sale of eight units. Horvath & Tremblay represented the seller and procured the buyer to close the properties at a sale price of $2.625 million. The multifamily investment properties are located at 277 Lafayette St.

Boston, MA Suffolk, Wounded Warrior Project and Home Base launched expansion of the Home Base National Center of Excellence, which will serve as a dedicated clinical space for Special Operators and Veterans impacted by traumatic brain and polytrauma injuries from war and training.

Worcester, MA The Center for Applied Behavioral Instruction Inc., (CABI) a day school, secured $2 million in financing from Rockland Trust. The funds will be used to purchase a second location in the city to expand their school operations. CABI is a 501(3)c nonprofit special education school for