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Category: Owners Developers & Managers
Mass. Land Court ruling upholds sanctity of commercial lease documents
January 6, 2023
Boston, MA A recent decision issued by the Massachusetts Land Court has significant implications for the commercial real estate industry. The question was, does a prospective lessee have a valid lease where only one party has signed? The answer in this case was a firm no.
Worth Avenue Capital funds $300,000 loan for 15-unit apartment renovation
January 6, 2023
Brooklyn, C T Worth Avenue Capital, LLC has closed a $300,000 commercial loan to a Connecticut based real estate developer. The loan proceeds will be used to complete the internal renovation of a 15-unit apartment.
GCRE director Prieto sells 6,040 s/f building
January 6, 2023
NASHUA, NH Granite Commercial Real Estate (GCRE) is pleased to announce the sale of 30 Pond St. James Prieto, director of e, at GCRE represented the seller in the transaction.
Alpine Environmental hires Carlberg as director of project management
January 6, 2023
Chelmsford, MA Alpine Environmental has hired Peter Carlberg. Carlberg joins as director of project management. In this role, he will work with Alpine’s operations team to plan and execute projects, act as a point of contact for clients, and oversee the daily operations of the field.
Northeast Private Client Group facilitates $2.515m multifamily sale
January 6, 2023
East Boston, MA Northeast Private Client Group (NEPCG) has completed the sale of the Brooks St. Apartments. Senior associates Francis Saenz and Drew Kirkland along with investment associates Jim Casey and Brad Carlson represented the seller and procured the buyer for the multifamily transaction.
East Cambridge Savings Bank receives 2022 Corporate Citizenship Award
January 6, 2023
Cambridge, MA East Cambridge Savings Bank, a $1.6 billion in assets mutual bank, received the 2022 Boston Business Journal Corporate Citizenship Award, a recognition of the region’s top corporate charitable contributors.
Rockland Trust provides $44 million financing to AAM Danvers Residences for 145-unit development
January 6, 2023
Danvers, MA Rockland Trust has placed $44 million in financing to AAM Danvers Residences, LLC for the construction of Maple Square; a mixed-used development in downtown.
FMC Technologies celebrates 25th anniversary of delivering energy-efficient products and services to...
January 6, 2023
Chelmsford, MA There are a lot of conversations surrounding energy in the news lately, spanning from climate change to energy allocation to de-carbonization all resulting in the ever-growing cost to heat, cool and ventilate commercial buildings.
The Peabody Companies’ Harmon Apartments receives BRAGB Award
January 6, 2023
Dorchester, MA According to The Peabody Companies, a group of award-winning property management and real estate firms, Harmon Apartments has been named recipient of the Builders and Remodelers Association of Greater Boston (BRAGB) PRISM Silver Award for Excellence in Community Design, Best Universal Design.
Greenfield promoted to senior VP and director of dev. at KS Partners
January 6, 2023
Woburn, MA Todd Greenfield has been promoted to senior vice president and director of development at KS Partners.
MCC Carrier Holdings sells 5,300 s/f office to Rockshow II - handled by Stebbins Commercial
January 6, 2023
Manchester, NH Tom Dickson, of Stebbins Commercial Properties LLC has completed the sale of a 5,300 s/f office/condo at 175 Lincoln St., Unit 101-102, from Manchester MCC Carrier Holdings, LLC, to Rockshow II, LLC.
Sholl of Peabody Cos. named ARM of the Year by IREM Boston
January 6, 2023
Braintree, MA According to The Peabody Companies, Carolina Sholl, multi-site manager at Lowell Belvedere Housing, has been named the Accredited Residential Manager (ARM) of the Year by the Institute for Real Estate Management (IREM) Boston Metropolitan Chapter No. 4.
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