Category: Owners Developers & Managers

President’s message: Keys to the crisis – Unlocking solutions to homelessness

President’s message: Keys to the crisis – Unlocking solutions to homelessness

July 4, 2025
There’s no denying it – homelessness is on the rise throughout New England, with an August, 2024 report by Boston Indicators pointing to Greater Boston as the region’s hardest-hit area, driven largely by a severe shortage of affordable housing.
Condominium lending:  CAI guide assists in  navigating eligibility issues

Condominium lending: CAI guide assists in navigating eligibility issues

July 4, 2025
In an evolving regulatory landscape, condominium boards and managers across New England face challenges that impact property values and home sales. Community Associations Institute (CAI) has recently released a guidance document addressing lending eligibility with Fannie Mae and Freddie Mac.
A.W. Perry’s One Tech campus commands spotlight with one of the South Shore’s largest new office deals in a decade

A.W. Perry’s One Tech campus commands spotlight with one of the South Shore’s largest new office...

July 4, 2025
Rockland, MA The South Shore’s office market just got its headline: A.W. Perry’s flagship property, One Tech, has secured the region’s largest new office lease in over a decade, further cementing the campus as the area’s go-to business address.
Kennedy Funding closes $1.633 million land loan for residential development

Kennedy Funding closes $1.633 million land loan for residential development

June 30, 2025
Kennebunk, ME Amid soaring demand in southern Maine, Kennedy Funding is providing the financing to make new housing a reality. The direct private lender completed the closing of a $1.633 million loan to Abode Communities Kennebunk, LLC. Loan proceeds will be
Colonial Properties, Inc. handles $742,500 in sales and one lease

Colonial Properties, Inc. handles $742,500 in sales and one lease

June 27, 2025
West Haven, CT According to Michael Richetelli, president and designated broker of Colonial Properties, Inc., the company has completed the following transactions: Fred Messore, senior vice president/broker at Colonial Properties, was the sole broker in the sale of 360 Campbell Ave.
McGarry of O’Brien Commercial Properties arranges $9.041 million sale of The Chelmsford Medical and Surgical Center

McGarry of O’Brien Commercial Properties arranges $9.041 million sale of The Chelmsford Medical an...

June 27, 2025
Chelmsford, MA O’Brien Commercial Properties has completed the sale of The Chelmsford Medical and Surgical Center, located at 321 Billerica Rd., under their exclusive representation. The 72,050 s/f, two-story medical office building
Kelleher and John Pentore of Horvath & Tremblay sell 12-unit multifamily property for $4.65m

Kelleher and John Pentore of Horvath & Tremblay sell 12-unit multifamily property for $4.65m

June 27, 2025
Arlington, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of a 12-unit multifamily property situated at 109 Oxford St. Kelleher and Pentore exclusively represented the seller and procured the buyer
Bongiorni of Pioneer CRE facilitates sale of six-story office/retail building

Bongiorni of Pioneer CRE facilitates sale of six-story office/retail building

June 27, 2025
Holyoke, MA Paul Bongiorni of Pioneer CRE facilitated the $385,000 sale and partial leaseback of 378 High St. in downtown. The building’s ground level houses a KeyBank branch, with five stories of commercial space above it, totaling 24,000 s/f of space. The seller, KeyBank, will retain their space.
Skanska begins work on Brimmer and May <br>School’s 26,000 s/f recreation & wellness center

Skanska begins work on Brimmer and May
School’s 26,000 s/f recreation & wellness center

June 27, 2025
Newton, MA Skanska, a leading global construction and development firm, held the groundbreaking of Brimmer and May School’s new 26,000 s/f recreation & wellness center, where its program management and consulting group, Skanska Integrated Solutions (SIS) served as project manager. The new center will replace the school’s current gymnasium,
The Boulos Company hires Macrae as commercial real estate analyst

The Boulos Company hires Macrae as commercial real estate analyst

June 27, 2025
Portland, ME According to The Boulos Company, Tim Macrae has joined its team as the company’s first commercial real estate analyst, a position designed to enhance the firm’s ability to deliver strategic, data-driven insights and investment expertise to clients.
The Procopio Companies has expanded Procopio Construction - led by Gogolin

The Procopio Companies has expanded Procopio Construction - led by Gogolin

June 27, 2025
Boston, MA The Procopio Companies (Procopio) has announced the expansion of Procopio Construction – the foundational construction division of the firm.
Angel Commercial, LLC represented Southport Harbor Wealth Advisors, LLC in 3,150 s/f lease in Fairfield, CT

Angel Commercial, LLC represented Southport Harbor Wealth Advisors, LLC in 3,150 s/f lease in Fairfi...

June 27, 2025
Fairfield, CT According to Angel Commercial, LLC, Jon Angel, president, has represented Southport Harbor Wealth Advisors, LLC in the extension of their lease for 3,150 s/f at 2150 Post Rd.