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Category: Owners Developers & Managers
A nominee trust is in my chain of title - What should I do about it? - by Elizabeth Young
February 22, 2019
A trust is one of the entities used to hold real property in the Commonwealth of Massachusetts. There are many types of trusts: Living trusts, irrevocable trusts, donative trusts, and non-testamentary trusts are a few. Each type of trust has its own legal implications.
St. John and Butler of CBRE represent Hilltop Apartments LLC and WPN Property LLC in $88.5 million s...
February 22, 2019
Manchester, NH The CBRE Capital Markets team completed the $88.5 million sale of Hilltop Ridge and The Highlands apartments at Washington Park. Hilltop Ridge and The Highlands at Washington Park is a 640-unit apartment portfolio spread out over 40.8 acres off Front St. and I-293.
Noeldechen of Marcus & Millichap Capital Corp. arranges $20 million in refinancing for Montoya Apart...
February 22, 2019
Branford, CT Marcus & Millichap Capital Corp. (MMCC) has arranged a total of $20 million in refinancing for Montoya Apartments, located at Montoya Circle. Robert Noeldechen of Marcus & Millichap’s New Haven office, led the refinance.
Marr of Keliher Real Estate brokers $1.95 million sale of a 2,310 s/f office condo. at 396 Commonwe...
February 22, 2019
Boston, MA Doug Marr of Keliher Real Estate has completed the sale of a 2,310 s/f office condominium. Located at 396 Commonwealth Ave. in the Back Bay. The sale price was $1.95 million. The property was sold by Freed Accounting Service to Alpha Wealth Management.
Faneuil Hall Marketplace - by Carol Todreas
February 22, 2019
Even the mayor of Boston acknowledged that Faneuil Hall Marketplace (FHM) is tired. Restaurant/entertainment/retail activity has slowly migrated from FHM (Quincy Market and its two flanking buildings) to the Seaport, Fenway, and to Somerville’ Assembly Row. FHM holds no glam for the Instagram Set, and that lack of luster affects tourism, tax income for the city,
Millers and Moore of Lincoln Property Co. Boston sign 120,500 s/f lease renewal to KPMG at Two Finan...
February 22, 2019
Boston, MA According to Lincoln Property Co. Boston (LPC), leading audit, tax and advisory firm KPMG LLP has signed a long-term renewal to maintain its 120,500 s/f footprint at Two Financial Center, a class A mid-rise tower in downtown.
R.W. Holmes completes 26 deals at Knowledge Park Marlborough
February 22, 2019
Marlborough, MA R.W. Holmes has completed 26 new or renewal leases at Knowledge Park on Mount Royal Ave. in 2018. The 162,000 s/f three-building complex is exclusively listed by Jim Bartholomew and Craig Johnston of R.W. Holmes.
Berkshire Hathaway HomeServices merges with Barbara Frey Real Estate
February 22, 2019
Wallingford, CT Berkshire Hathaway HomeServices New England, New York and Westchester Properties completed the merger with Barbara Frey Real Estate, LLC, a boutique residential brokerage firm, effective immediately.
HFF completes sale and financing of the 101-room Hampton Inn & Suites
February 22, 2019
Smithfield, RI Holliday Fenoglio Fowler, L.P. (HFF) completed the sale and financing of the 101-room Hampton Inn & Suites Providence/Smithfield. The sale price was not disclosed. The HFF team represented an institutional seller, and procured the buyer, Excel Group.
Angel of Angel Commercial, LLC handles $4.875 million building sale
February 22, 2019
Stamford, CT According to Jon Angel, president of Angel Commercial, LLC,132 Jamaica Ave. Realty Corp. has purchased an industrial flex building located at 72 Camp Ave., for $4.875 million.
Consulting Engineering Services promotes eight
February 22, 2019
Nick Fair, LEED AP, HERS, having been with the firm for 13 years has been promoted to principal. Fair manages the Norwood, Mass. office and notable projects of his include: TD Garden, Tufts University, Wellesley School, Great Horse Country Club, several large-scale greenhouse agricultural projects and high-end homes.
Phelan joins Avison Young as an associate in the Boston office
February 22, 2019
Boston, MA According to Michael Smith, Avison Young principal and managing director of the firm’s New England region, the company has hired commercial real estate professional Taylor Phelan. Effective immediately, Phelan becomes an associate in the company’s city office, specializing in advising tenants and landlords in the urban market.
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