Category: Owners Developers & Managers

JLL Capital Markets secures $19.6 million in acquisition financing for 149,000 s/f Boston parking garage

JLL Capital Markets secures $19.6 million in acquisition financing for 149,000 s/f Boston parking ga...

September 23, 2022
Boston, MA JLL Capital Markets has arranged the $19.6 million acquisition financing of 14-40 Beach St., a 500-space, 149,000 s/f parking garage. JLL worked on behalf of the borrower, Neighborhood Property Group,
HarborOne provides $76.3 million to R.J. Kelly Co. <br>for acquisition of 14 property New Hampshire portfolio

HarborOne provides $76.3 million to R.J. Kelly Co.
for acquisition of 14 property New Hampshire ...

September 23, 2022
Manchester, NH According to HarborOne Bank and R.J. Kelly Co., the bank has provided financing for R.J. Kelly’s $90 million acquisition of 14 industrial properties across Southern New Hampshire – the largest single New Hampshire acquisition in the 71-year
Durgin of Conway Commercial completes sale of properties in Norwell, Plymouth & Rockland, MA for $7.5 million

Durgin of Conway Commercial completes sale of properties in Norwell, Plymouth & Rockland, MA for $7....

September 23, 2022
Rockland, MA Paul Durgin, vice president of Conway Commercial, brokered the sale of 30 Golf Dr. in Plymouth, 133, 137, & 141 Washington St. in Norwell and 170 Pleasant St. in Rockland.
Lavelle and Litchfield of O’Brien Commercial Props. assists Wollaston Dev. in $1.5m purchase

Lavelle and Litchfield of O’Brien Commercial Props. assists Wollaston Dev. in $1.5m purchase

September 23, 2022
Littleton, MA O’Brien Commercial Properties (OCP) brokered the $1.5 million sale of a five-unit building and .5 acre contractor’s yard located at 537 King St., located less than two miles
Kaplan-Weber joins Union Savings Bank as VP, business banking

Kaplan-Weber joins Union Savings Bank as VP, business banking

September 23, 2022
Danbury, CT Union Savings Bank (USB) announces that Liz Kaplan-Weber has joined the bank as a VP, business banking officer. In her new role, Kaplan-Weber is responsible for business development, commercial lending,
Kelleher and Pentore of Horvath & Tremblay sell 6-unit multifamily property for $4.96 million

Kelleher and Pentore of Horvath & Tremblay sell 6-unit multifamily property for $4.96 million

September 23, 2022
South Boston, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of a 873-875 East 2nd St., a six-unit apartment building. The asset sold for $4.96 million, and $827,083 per unit.
The Stubblebine Company assists Servistar Property Owner LLC in 33,356 s/f purchase

The Stubblebine Company assists Servistar Property Owner LLC in 33,356 s/f purchase

September 23, 2022
Westfield MA James and David Stubblebine of The Stubblebine Company represented the buyer, Servistar Property Owner LLC in the recent sale of 77 Servistar Industrial Way. Mitch and Ben Bolotin of Colebrook Realty Services, Inc. represented the seller
Marcus Partners closes $650 million fund

Marcus Partners closes $650 million fund

September 23, 2022
Boston, MA Marcus Partners completed the closing of Marcus Capital Partners Fund IV, L.P., a value-add real estate fund with commitments totaling $650 million. This exceeds both the original $500 million fundraising target and $550 million hard cap
Finding the next diamond in the rough - by Harry Wheeler

Finding the next diamond in the rough - by Harry Wheeler

September 23, 2022
Post COVID, the hotel market is once again on the rise to recovery. Rates are back up to pre-pandemic levels in many markets and occupancy is soon to be there as well, once the full impact of corporate travel returns. But, while the hotel market was asleep
CoreNet Global New England continues CREST intern program

CoreNet Global New England continues CREST intern program

September 23, 2022
Boston, MA This year marks the 5th consecutive year that CoreNet Global New England and the Diversity, Equity and Inclusion Committee (DEI) have partnered with The Commercial Real Estate Success Training (CREST). CREST is a paid internship program
Ciluzzi of Premier Commercial handles $2.3 million sale of the former Forestview Nursing & Rehabilitation Center

Ciluzzi of Premier Commercial handles $2.3 million sale of the former Forestview Nursing & Rehabilit...

September 23, 2022
Wareham, MA John Ciluzzi, president of Premier Commercial, of Centerville, has marketed and sold the properties located at 50 Indian Neck Rd., formerly known as The Forestview Nursing & Reabilitation Center. This transaction is the third nursing
Corderman & Company celebrates 20th anniversary

Corderman & Company celebrates 20th anniversary

September 23, 2022
Boston, MA Corderman & Company, a leading construction management firm, is celebrating its 20th anniversary this month. The firm was founded in 2002 by David Corderman, Jr. and began with a goal to bring back a client service-oriented approach