Category: Owners Developers & Managers

Kelleher and Pentore of Horvath & Tremblay sell two multi-family properties

Kelleher and Pentore of Horvath & Tremblay sell two multi-family properties

May 24, 2019
Waltham, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have arranged the sale of 154-156 Brown St. for $1,618,300 at $404,575 per unit as well as 13-15 Emerson St. in Newton for $1.38 million, selling at a 5.03 cap.
Everest of Nordlund Assocs. sells 35,000 s/f office/retail building for $2.525 million

Everest of Nordlund Assocs. sells 35,000 s/f office/retail building for $2.525 million

May 24, 2019
Peabody, MA Chris Everest, president of Nordlund Associates, Inc. negotiated the sale of 84 Newbury St., a 35,000 s/f office/retail building on Rte. 1. Nordlund Assocs. represented the seller, 84 Newbury LLC and secured the buyer, 84 Newbury Realty LLC.
Residential Properties Ltd. sells historic William Mauran House for $1.345 million

Residential Properties Ltd. sells historic William Mauran House for $1.345 million

May 24, 2019
Providence, RI Residential Properties Ltd. (RPL) has sold 230 Arlington Ave. for $1.345 million. The buyers were represented by sales associates Kira Greene and Michael  Sweeney of the Greene | Sweeney Team, while sales associate Jim DeRentis
Conn. Building Congress project team awards banquet June 11

Conn. Building Congress project team awards banquet June 11

May 24, 2019
Hartford, CT  The Conn. Building Congress (CBC) has named the 2019 project team award winners. These 13 projects and their teams are being recognized for building projects that exemplify project team excellence and represent the best practices
Colliers leases 70% of high bay warehouse at 301 Bartlett St.

Colliers leases 70% of high bay warehouse at 301 Bartlett St.

May 24, 2019
Northborough, MA Colliers International Boston’s Southwest team has been directly involved in leasing efforts and witnessed first-hand the competitiveness of the incredibly tight high bay industrial
Coulombe and Feig of Fantini & Gorga arrange $14 million loan for a 71-unit redevelopment of a former corduroy mill in Lowell, MA

Coulombe and Feig of Fantini & Gorga arrange $14 million loan for a 71-unit redevelopment of a forme...

May 24, 2019
Lowell, MA Fantini & Gorga has placed $14 million for a 71-unit redevelopment of a former corduroy mill, known as Waterhead Mill. The loan represents a traditional construction loan underwriting coupled
Reimers named COO of Propark America

Reimers named COO of Propark America

May 24, 2019
Hartford, CT Propark America has appointed John Reimers as chief operating officer. Reimers comes to Propark with experience
Coffman joins Gaston Electrical as senior project manager

Coffman joins Gaston Electrical as senior project manager

May 24, 2019
Norwood, MA Robert Coffman has joined Gaston Electrical Co., Inc. (Gaston) as senior project manager. Coffman will be working with Jim Reen, vice president of construction as the project management
It’s coming: Artificial intelligence disruption of commercial real estate - by Nat Kunes

It’s coming: Artificial intelligence disruption of commercial real estate - by Nat Kunes

May 24, 2019
Like so many industries it came for over the past few years, the fourth industrial revolution is now heading straight for real estate, making huge waves that are only going to get bigger. Some of these advancements, particularly in artificial intelligence (AI), are going to have
Washington Trust provides $6.3 million for acquisition of 12,900 s/f CVS Pharmacy

Washington Trust provides $6.3 million for acquisition of 12,900 s/f CVS Pharmacy

May 24, 2019
Farmington, CT Washington Trust’s commercial real estate group provided $6.3 million to W.H.M. Realty, LLC, to finance the acquisition of a 12,900 s/f, free-standing CVS Pharmacy. The 2.04-acre
Ghavami and Orasanu join HLW

Ghavami and Orasanu join HLW

May 24, 2019
Stamford, CT Dara Ghavami and Irina Orasanu have joined HLW, a global architecture, interiors, and planning firm. Ghavami is a senior project lead and Irina Orasanu is a technical lead. Opened this past February
Rhode Island Mortgage Bankers Assn. joins Habitat for Humanity to help build a lasting home

Rhode Island Mortgage Bankers Assn. joins Habitat for Humanity to help build a lasting home

May 24, 2019
Providence, RI Mortgage, banking, and finance professionals from Rhode Island Mortgage Bankers Association (RIMBA) rolled up their sleeves to help South County Habitat for Humanity (SCHH) bring