Hartford, CT The Connecticut/ Western Massachusetts chapter of SIOR has completed its semi-annual membership survey of commercial real estate market conditions. The survey is based on market activity for the period July 1, 2024 through December 31, 2024 within Connecticut and western Massachusetts in the office and industrial sectors.
As we settle into a new year, the landscape for 1031 exchange investors looks promising as they consider the strategies available to them to reposition their equity into a more diversified approach to real estate investing. Whether they utilize the Delaware Statutory Trust (DST) or the 721 exchange UPREIT strategy to potentially achieve their goals,
Los Angeles, CA Cove Capital Investments, LLC, a leading DST sponsor company specializing in debt-free 1031 exchange options, reported a record-breaking performance in 2024, raising $166.5 million in equity, earning the number 9 spot in total capital raised within the securitized 1031 exchange Delaware Statutory Trust (DST) sector,
The Reality of Related Party Exchanges
Contrary to common belief, 1031 exchanges between related parties are permitted under the tax code - they simply come with additional considerations. Understanding these rules is essential for New England
Many New England real estate investors consider lucrative opportunities to purchase an investment property as good deals arise or sometimes when an off-market opportunity is presented. At such time, they may have a sale of an existing relinquished investment property in place (or ready to be marketed soon) that they intend to put in a 1031 exchange – yet,
Internal Revenue Code (IRC) Section 1031 allows a property owner, who holds property for “the productive use in a trade or business or for investment,” to defer paying any capital gains taxes if the property owner sells such property, identifies “like kind” property within forty-five days of the sale, and acquires other
Boston, MA Saam Architecture, a leading architectural firm known for its innovative design solutions and progressive firm culture, has announced the addition of six new shareholders. The new shareholders, Chin Chin Yao, David Goodman, Katie Kernizan
Salem, MA Calare Properties has expanded its prime industrial property portfolio with the purchase of 1 Technology Way. The 84,700 s/f manufacturing facility sits on 16 acres in the high-demand Northern Boston market.
Seekonk, MA The Stubblebine Company/CORFAC International has brokered the sale of an IOS site at 75 Mead St. Matty Drouillard and James Stubblebine of The Stubblebine Company represented the buyer, Alterra IOS Acquisitions III, LLC, and secured the seller, Anawan Realty, Inc.,
Natick, MA Commercial Property Executive’s (CPE) Influence Awards conferred the gold award for best humanitarian project for Build-a-Bureau cosponsored by Camber Development and Dacon. The CPE Influence Awards mark notable projects in commercial real estate
New Bedford, MA The award-winning, 100% Black-owned construction and real estate development and management enterprise Cruz Companies has been included in an unprecedented wave of affordable housing construction recognized publicly in their home state of Massachusetts.
Boston, MA J&M Brown Company (JMB), headquartered in Dedham, MA, has completed the comprehensive interior lighting and power renovations, as well as fire alarm system upgrades at Northeastern University’s Snell Library.