Category: Owners Developers & Managers
Trotta of Lyman Real Estate sells 1.66 acres
October 18, 2019
Glastonbury, CT According to Ron Lyman, CCIM, CEO of Lyman Real Estate Brokerage & Development, the firm has completed the sale of Lot 4, Sequin Dr. Lyman broker and associate Carolyn Trotta represented sellers Kristin Muschett and Erica Backmann. The sale price was not disclosed.
Pushing back on proposed ACA penalties - Part 1 - by Michael Duffy
October 18, 2019
A significant number of 226-J Letters sent to large employers contain material errors. Don’t cut the IRS a check unless you’re sure the ESRP penalty being proposed is actually due.
Charron of Berkshire Hathaway Verani Realty handles two sales totaling $2.76 million
October 11, 2019
Concord, NH According to Berkshire Hathaway Verani Realty, senior advisor Michael Charron has completed the sale of two multifamily investment properties for $2.76 million. The transaction includes 44 residential units contained in five separate buildings, and is
SIOR holds joint event with the Newton-Needham Chamber
October 11, 2019
Needham, MA The New England SIOR Chapter held its first ever joint program with the Newton-Needham Chamber of Commerce at 156 Oak St. Approximately 90 members of the chamber and SIOR registered. From the SIOR Chapter the following
JLL arranges $97.5 million financing for 2nd phase of Atlantic Station on behalf of developer, RXR R...
October 11, 2019
Stamford, CT JLL has arranged $97.5 million in financing for the development of the second phase of Atlantic Station, a mixed-use residential and retail property in downtown. JLL worked exclusively on behalf of the developer, RXR Realty, to secure the floating-rate construction loan through Bank OZK.
Arrowpoint Properties purchases 140-unit apartment complex for $29.3m
October 11, 2019
Methuen, MA Arrowpoint Properties has completed its latest acquisition of a 140-unit class B apartment complex property, Appleton Sq., for $29.3 million. The acquisition comes on the heels of its recent sale of River’s Edge Apartments in Haverhill,
Cushman & Wakefield represents Saletin Real Estate Group in the leasing of 600 Providence Hwy.
October 11, 2019
Dedham, MA Cushman & Wakefield represented Saletin Real Estate Group in the leasing of 600 Providence Hwy. The 90,000 s/f property across 11.25 acres was sold to an affiliate of Saletin Real Estate Group,
Can you use exchange funds for improvements on your replacement property in a 1031 exchange? by Bill...
October 11, 2019
A 1031 exchange is a great tool for exchangers who want to avoid paying tax on the gain from the sale of real estate. However, in order to completely defer the tax, an exchanger must find one or more replacement properties with a total fair market value that equals or exceeds
National Development and Charles River Realty Investors sell Constitution Wharf for $114 million to ...
October 11, 2019
Charlestown, MA Newmark Knight Frank (NKF) has completed the $114 million sale of Constitution Wharf on behalf of National Development and Charles River Realty Investors to Jamestown. Vice chairman Edward Maher,
Jewett Construction hires Woodmansee as assistant project manager
October 11, 2019
Raymond, NH Jewett Construction has hired Eric Woodmansee to the team as an assistant project manager. With over twelve years of experience in the field, Jewett Construction is thrilled to have Woodmansee on board.
Borden joins Colliers as senior vice president
October 11, 2019
Boston, MA Colliers International has recruited north suburban leasing veteran, Jake Borden, to the company as a senior vice president.
Fox of RPL brokers $1.16 million sale in Providence
October 11, 2019
Providence, RI Residential Properties Ltd (RPL) completed the sale of 70 Laurel Ave. for the price of $1.16 million. Sales associate Kevin Fox, a member of RPL’s local office, represented the buyers for this transaction.
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