Category: Owners Developers & Managers

New England closes 2021 with 116 projects and 13,785 rooms in its hotel construction pipeline; down YOY - by JP Ford

New England closes 2021 with 116 projects and 13,785 rooms in its hotel construction pipeline; down ...

April 15, 2022
As seen in the Q4 2021 Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total New England hotel construction pipeline at year-end 2021 stands at 116 projects/13,785 rooms. New construction project counts in the region are down 20% by projects and 25% by rooms year-over-year (YOY)
Schultheis of Sweeney Real Estate & Appraisal brokers $1 million sale of former nursing facility

Schultheis of Sweeney Real Estate & Appraisal brokers $1 million sale of former nursing facility

April 15, 2022
Woonsocket, RI Eric Schultheis of Sweeney Real Estate & Appraisal represented Ballou Home for the Aged Woonsocket in the sale of 60 Mendon Rd., a former skilled nursing facility.
Samuels & Associates hires Miers as executive vice president of capital and investment strategy

Samuels & Associates hires Miers as executive vice president of capital and investment strategy

April 15, 2022
Boston, MA Samuels & Associates has hired Chris Miers, JD, CRE, FRICS as executive vice president of capital and investment strategy. Miers will be a part of the executive management team
The policy giveth and the policy taketh away: Do you know your insurance policy’s coverage exclusions?

The policy giveth and the policy taketh away: Do you know your insurance policy’s coverage exclusi...

April 15, 2022
If you own a construction business, a Commercial General Liability (CGL) policy is a crucial part of protecting your business from various losses. Generally, a CGL policy provides a business with insurance coverage for bodily injury and property damage caused by the business’s operations, products, or injuries that occur on its premises
How real estate brokers can successfully deploy proptech - by Curtis Williams

How real estate brokers can successfully deploy proptech - by Curtis Williams

April 15, 2022
In the last few years, real estate brokers have invested considerable resources in proptech applications that assist both customers and agents through the buyer journey in many different ways.
O’Brien and Keefe of Greater Boston  Commercial Properties handle $1.25m sale

O’Brien and Keefe of Greater Boston Commercial Properties handle $1.25m sale

April 8, 2022
North Attleboro, MA Bret O’Brien and James Keefe of Greater Boston Commercial Properties, Inc. represented the seller in the sale of 49 Plain St., a multi-tenant investment property. The 12,222 s/f office building sold for $1.25 million.
Girolamo of Horvath & Tremblay  sells 39-units in Lynn for $7.6 million

Girolamo of Horvath & Tremblay sells 39-units in Lynn for $7.6 million

April 8, 2022
Lynn, MA Stephen Girolamo of Horvath & Tremblay has completed the sale of two multifamily properties for a total of $7.6 million. 22 Warren St. closed for $4 million and 25 Hamilton Ave. sold for $3.6 million.
Advisors Living opens new residential sales office in Andover; Oates to serve as branch manager

Advisors Living opens new residential sales office in Andover; Oates to serve as branch manager

April 8, 2022
Andover, MA Advisors Living, the expanding residential sales platform of Boston Realty Advisors, opened a new office at 68 Main St. “Andover is a desirable suburban community offering great access to Boston for commuting professionals,” said Michelle Oates
Albert Schofield, 84, founder of Schofield Properties, LLC

Albert Schofield, 84, founder of Schofield Properties, LLC

April 8, 2022
Duxbury, MA Albert “Buzz” Schofield, 84, died peacefully on March 31, 2022. Buzz was a resident of Jupiter, Florida and spent summers in Newport.
Johnson joins Colliers Project Leaders USA as a director in the Boston office

Johnson joins Colliers Project Leaders USA as a director in the Boston office

April 8, 2022
Boston, MA According to Colliers Project Leaders | USA, Jennifer Johnson has joined the firm as director of business development in the firm’s local office. Johnson is a creative and strategic professional with experience in the management,
Boston Realty Advisors reports, Seaport/Fort Point class B office leasing leads as 2021 ends

Boston Realty Advisors reports, Seaport/Fort Point class B office leasing leads as 2021 ends

April 8, 2022
Boston, MA Class B office leasing properties in the Seaport and Fort Point outperformed all other markets at the end of 2021, as lab conversions removed inventory and subleases were absorbed by new tenants or filled as employees returned to their offices following pandemic responses
Newmark GCS hires Lee as life science lead

Newmark GCS hires Lee as life science lead

April 8, 2022
Boston, MA Newmark Global Corporate Services (GCS) brings on new hires with specialty expertise to its consulting practice. Newmark GCS’ consulting practice advises firms–from fast-growing biotech businesses to Fortune 100 corporations–on how to optimize