Category: Owners Developers & Managers

BankRI finalizes $12.5 million loan to refinance the Summercamp Hotel: 95-room boutique hotel on Lake Ave. in Oak Bluffs, Martha's Vineyard

BankRI finalizes $12.5 million loan to refinance the Summercamp Hotel: 95-room boutique hotel on Lak...

August 30, 2019
Oak Bluffs, MA The commercial real estate division of Bank Rhode Island (BankRI) finalized a $12.5 million loan to refinance the Summercamp Hotel, located on Martha’s Vineyard.
Through the Lens - TFMoran sponsors Color Blast Fun Run for Bedford, NH schools

Through the Lens - TFMoran sponsors Color Blast Fun Run for Bedford, NH schools

August 30, 2019
Bedford, NH TFMoran is proud to support the Bedford schools through sponsorship of events and athletic teams. On June 2nd, TFMoran was a gold sponsor for the Color Blast Fun Run/Walk, held at the
NEREJ to host Hotel Summit on September 5th at the Event Center at Courtyard by Marriott Nashua

NEREJ to host Hotel Summit on September 5th at the Event Center at Courtyard by Marriott Nashua

August 30, 2019
Nashua, NH The New England Real Estate Journal (NEREJ) will host the Hotel Summit on September 5th at the Event Center at Courtyard by Marriott Nashua, 2200 Southwood Dr. Sponsorships and speaking opportunities are still available.
AGC Report: 80% of contractors report difficulty finding qualified craft workers to hire as firms give low marks to quality of new worker pipeline

AGC Report: 80% of contractors report difficulty finding qualified craft workers to hire as firms gi...

August 27, 2019
Eighty percent of construction firms report they are having a hard time filling hourly craft positions that represent the bulk of the construction workforce, according to the
Bulfinch acquires Cambridge Discovery Park building and garage

Bulfinch acquires Cambridge Discovery Park building and garage

August 23, 2019
Cambridge, MA According to Bulfinch, an affiliate of the company, in joint venture with two institutional investors, completed the acquisition of Forrester’s World Headquarters and Garage A at Cambridge Discovery Park (CDP).
Lyman Real Estate handles sale of 27 acres at 97 Preston Rd. for $1.35 million to Dakota Partners, Inc.

Lyman Real Estate handles sale of 27 acres at 97 Preston Rd. for $1.35 million to Dakota Partners, I...

August 23, 2019
Griswold, CT According to Ron Lyman, CCIM, CEO of Lyman Real Estate, 27 acres at 97 Preston Rd. has sold. The land sold for a planned development of 144 apartments, of which more than 75% will be affordable units.
The Stubblebine Co. arranges $7.45 million two building sale on behalf of the seller, Hamano Partnership, and the buyer, Valor Capital

The Stubblebine Co. arranges $7.45 million two building sale on behalf of the seller, Hamano Partner...

August 23, 2019
Leominster, MA Valor Capital has purchased two modern 100% leased industrial buildings located at 100 & 110 Jytek Park, for $7.45 million. David Stubblebine and James Stubblebine, principals of The Stubblebine Company/CORFAC International, represented the owner
Normandin, McMahon & Ginsberg of Summit Realty broker $4.8 million sale - Claybourne Trust sold to Bourne Property Management, LLC

Normandin, McMahon & Ginsberg of Summit Realty broker $4.8 million sale - Claybourne Trust sold to B...

August 23, 2019
Bourne, MA Summit Realty Partners, Inc. has completed the sale of Monument Beach Marketplace, located at 170 Clay Pond Rd. The 56,000 s/f property on 16.18 acres sold for $4.8 million.
Levy of Riverside Properties passes away at 64

Levy of Riverside Properties passes away at 64

August 23, 2019
Brookline, MA Mark Levy passed away on August 4th at the age of 64 after a long illness. Mark lived with his wife, Gail.
JLL hires McGuire and Walles as managing directors; Crossan and Powers as senior vice presidents

JLL hires McGuire and Walles as managing directors; Crossan and Powers as senior vice presidents

August 23, 2019
Boston, MA JLL has hired industry veterans Bob McGuire and Rob Walles as managing directors and Sam Crossan and Alison Powers as senior vice presidents. The new hires come to JLL from CBRE where they have a long track record of success.
Let’s hear it for the Girls! - by Carol Todreas

Let’s hear it for the Girls! - by Carol Todreas

August 23, 2019
Intimissimi is an Italian Lingerie Store that has managed to stay alive and well during the retail upheaval. In fact it has blossomed. Opening its first store on Fifth Ave. in NYC in 2017, it currently has 40 + stores across the U.S. and is still going strong. It has cultivated a brand that stands for quality in materials, fit and sales associates.
Crimmins and O’Toole launch Platinum Partners

Crimmins and O’Toole launch Platinum Partners

August 23, 2019
Stoughton, MA Barry Crimmins, founder and principal of the Law Offices of Barry R. Crimmins, P.C., focusing in the areas of real estate law and land use permitting, and Noreen O’Toole, former town planner, have launched their new firm, Platinum Partners, LLC.