Category: Owners Developers & Managers

Cornerstone Realty Capital arranges $3 million for a six property portfolio

Cornerstone Realty Capital arranges $3 million for a six property portfolio

August 9, 2019
Concord, NH Cornerstone Realty Capital recently arranged $3 million in financing for a portfolio of six properties in the city. The properties will be undergoing renovations, which will include increasing the number of units across the portfolio from 44 units to a total of 46 units.
Girolamo of Horvath & Tremblay brokers two sales totaling $2.125 million

Girolamo of Horvath & Tremblay brokers two sales totaling $2.125 million

August 9, 2019
Gloucester, MA Stephen Girolamo of Horvath & Tremblay has completed the $2.125 million sale of 242 Main St. and 352 Main St. The separate transactions, 18-units in total, closed for $1.25 million and $875,000
Inspired Technology hires Richman as vice president of security solutions

Inspired Technology hires Richman as vice president of security solutions

August 9, 2019
Easton, MA Inspired Technology and Communications, LLC (ITC), has been consistently growing in recent years, gaining many new commercial projects and leading to the recent expansion of their team.
O’Brien Commercial Properties handles 10,565 s/f lease to Aries

O’Brien Commercial Properties handles 10,565 s/f lease to Aries

August 9, 2019
Marlborough, MA Aries Laboratories LLC has signed a five-year lease commitment at 257 Simarano Dr. Aries, a testing lab, will occupy 10,565 s/f in the multi-tenant life science and technology incubator.
Urban Edge names Dorcely as new CEO

Urban Edge names Dorcely as new CEO

August 9, 2019
Boston, MA According to Urban Edge, Emilio Dorcely has been named the organization’s new CEO. Dorcely will assume this role on September 30th.
TransDel and Gate Residential Properties’ One Beachmont in Revere now 98% leased

TransDel and Gate Residential Properties’ One Beachmont in Revere now 98% leased

August 9, 2019
Revere, MA According to TransDel and Gate Residential Properties, their newest residential community – One Beachmont in Revere – is now 98% leased. The milestone was reached months after One Beachmont
Petz, Sherry and Ragno of JLL handle $33.25 million sale

Petz, Sherry and Ragno of JLL handle $33.25 million sale

August 9, 2019
Marlborough, MA JLL’s Capital Markets experts completed the sale of 34 St. Martin Dr., on behalf of Lincoln Property Co. California-based Menlo Equities purchased the 206,000 s/f flex
Skinner and Racette of The Stubblebine Co. broker 9,476 s/f lease

Skinner and Racette of The Stubblebine Co. broker 9,476 s/f lease

August 9, 2019
Sturbridge MA The Stubblebine Company has leased 9,476 s/f to Penn Stainless Products at 441 Main St. David Skinner and Aaron Racette of Stubblebine Co. represented the lessor.
New England Real Estate Journal hosts Northern New England State of the Market Summit

New England Real Estate Journal hosts Northern New England State of the Market Summit

August 9, 2019
The New England Real Estate Journal (NEREJ) held their Northern New England State of the Market Summit on July 11th at the Portsmouth Harbor Events & Conference Center at 100 Deer St., Portsmouth, NH. Over 100 people were in attendance. 
Zaxia AVM for CRE helps lenders make the right loan - by Vaughan Hennum

Zaxia AVM for CRE helps lenders make the right loan - by Vaughan Hennum

August 9, 2019
An earlier article discussed how the Zaxia AVM for CRE helps a commercial loan officer excel in today’s more complex regulated environment. This article will discuss in greater detail how easily the Zaxia AVM Technology for CRE actually
Nahigian re-elected to Mass. Real Estate Licensing Commission/Real Estate Board education subcommittee

Nahigian re-elected to Mass. Real Estate Licensing Commission/Real Estate Board education subcommitt...

August 9, 2019
Newton, MA According to Auburndale Realty Co., its principal, Rob Nahigian, FRICS, SIOR, CRE, MCR, was re-appointed by the Mass. Real Estate Licensing Commission/Real Estate Board (RELC) to its education subcommittee.
Dickason, Jamieson, Sullivan and Pezzoni of Avison Young represent Ivy Realty in $18.1m portfolio sale

Dickason, Jamieson, Sullivan and Pezzoni of Avison Young represent Ivy Realty in $18.1m portfolio sa...

August 2, 2019
Marlborough, MA Avison Young has negotiated the sale of Brigham Business Park, a 171,033 s/f industrial/flex building portfolio. Brandon Dickason, vice-president; Scott Jamieson, principal; Bill Sullivan,  senior vice-president and Jon Pezzoni, vice-president,