Category: Owners Developers & Managers

Per and Polyfluoroalkyl Substances (PFAs) are chemical compounds manufactured and used in industrial and commercial products and have been shown in laboratory tests to have hazardous health effects. In May of 2016, the U.S. Environmental Protection Agency (EPA) developed a standard of 70 nanograms per liter (ppt) for two of the most prevalent PFAs, perfluorooctane sulfonic acid and perfluorooctanoic acid. Several states have adopted this standard

Over the last decade, New England Hotel Realty (NEHR), one of the leading hotel brokerage and real estate advisory firms in the northeast, has seen the hotel construction pipeline in New England grow exponentially. At the end of 2009, there were 96 projects/11,372 rooms in the New England hotel construction pipeline. At the end of 2018, the pipeline reached a 10-year all-time high of 159 projects/20,411 rooms, a 65% increase over the 2009 total.

Stoughton, MA Cornerstone Realty Capital arranged $8 million in financing for the 48-unit Central St. Apartments for True North Capital Partners. The units are divided between two three-floor buildings, each with 18 two-bedroom/one-bathroom units and six one-bedroom/one-bathroom units.

New London, CT O,R&L Commercial, LLC has sold 2.1 acres located at 389 North Frontage Rd. for future redevelopment. The property transferred for a sale price of $1.35 million. Phil Marshall of O,R&L Commercial represented the buyer, Hampshire Venture Property LLC

Branford, CT According to Kristin Geenty, president, of The Geenty Group, William Clark has once again received the annual New Haven CID (Commercial Investment Division of the New Haven/Middlesex Board of Realtors) award for the largest number of commercial real estate transactions during 2018. 

You are a real estate developer and have recently developed a mixed-use or residential apartment complex that contains residential apartments. You went through the difficult process of planning, permitting, and building your state-of-the-art development. Now, rather than development and construction, your focus turns to filling each unit with occupants to maximize your return on investment

Clinton, CT Holliday Fenoglio Fowler, L.P. (HFF) completed the $12.9 million sale and the $10.5 million financing of Clinton Plaza, a grocery-anchored shopping center totaling 100,360 s/f. The HFF team marketed the property on behalf of the seller, JMH Associates LLC, and procured the buyer... 

Chelmsford, MA The Commonwealth of Mass. through the Division of Capital Asset Management and Maintenance (DCAMM) will hold a real estate auction of a 34-acre site on Friday, April 5, at 12:00 p.m.  DCAMM is working to facilitate the sale with the Zekos Group Auctioneers...  

Georgetown, MA Eastern Mortgage Capital has provided $31.77 million in permanent financing on Longview at Georgetown, a 186-unit multifamily property. The loan also took advantage of the 223(f)’s “green” designation to materially lower the total cost of capital.