Category: Owners Developers & Managers

Berkeley Invest. purchases Sasaki’s headquarters

Berkeley Invest. purchases Sasaki’s headquarters

February 26, 2021
Watertown, MA According to Berkeley Investments and Sasaki, Berkeley has purchased the Chase Mills building at 64 Pleasant St. Berkeley plans to invest in the building’s historic structure to convert the space
Avanpore, LLC leases 3,200 s/f at Cummings Properties’ 21 Olympia

Avanpore, LLC leases 3,200 s/f at Cummings Properties’ 21 Olympia

February 26, 2021
Woburn, MA Noted local inventor and entrepreneur Ben Bikson has launched a new high-tech startup in the local science and technology cluster. Avanpore, LLC will occupy 3,200 s/f of research and development space
Increasing mortgage debt makes  life insurance a necessity - by Steven Vaphiades

Increasing mortgage debt makes life insurance a necessity - by Steven Vaphiades

February 26, 2021
It is impossible to overstate the profound myriad of ways in which the COVID-19 pandemic has impacted life as we know it. One thing that has remained unaffected over the past year, however, is the escalating cost of housing.
Appraiser & agent liability and insurance update - by John Torvi

Appraiser & agent liability and insurance update - by John Torvi

February 26, 2021
At this time last year, real estate appraisers were concerned about the impact of hybrid appraisals, third party inspections and a dwindling supply of homes for sale, creating both practice and economic/income issues. The appraisal profession shrunk
What is a Title Insurance Policy? - by Elizabeth Young

What is a Title Insurance Policy? - by Elizabeth Young

February 26, 2021
A title insurance policy is a contract of indemnity that protects against loss or damage from certain risks when purchasing a home or loaning money to finance the buyer’s purchase. The covered risks include the title being vested
Bulman and Mearn of District Real Estate Advisors broker lease and sale of Chick-fil-A in Hanover, MA

Bulman and Mearn of District Real Estate Advisors broker lease and sale of Chick-fil-A in Hanover, M...

February 19, 2021
Hanover, MA Tim Bulman and Christopher Mearn of District Real Estate Advisors navigated the ownership group through all phases of the redevelopment at 1835 Washington St. The former Burger King site was purchased by 1835 Washington Street LLC in 2016
Horvath & Tremblay sells four retail properties in Mass. for $7.679 million

Horvath & Tremblay sells four retail properties in Mass. for $7.679 million

February 19, 2021
Boston, MA Horvath & Tremblay has completed the sale of four retail properties in Massachusetts for $7.679 million. Robert Horvath and Todd Tremblay of Horvath & Tremblay have successfully transacted on a Citizens Bank in the city. Horvath & Tremblay exclusively represented the seller to complete the transaction
Cornerstone Realty Capital arranges $6.5 million in refinancing for 26-unit apartment building owned by The Micozzi Cos.

Cornerstone Realty Capital arranges $6.5 million in refinancing for 26-unit apartment building owned...

February 19, 2021
Cambridge, MA Cornerstone Realty Capital arranged $6.5 million for the refinance of a 26-unit multifamily property owned by The Micozzi Companies. Cornerstone secured a non-recourse financing structure
Hughes of New Dover Associates brokers $2.3m sale

Hughes of New Dover Associates brokers $2.3m sale

February 19, 2021
Natick, MA Scott Hughes, president of New Dover Associates, Inc. represented the seller, 6 Mercer Road, LLC, and procured the buyer, Cross Mercer Road LLC, in the sale of 6 Mercer Rd. for the purchase price of $2.3 million.
Utilizing building roof to create a revenue stream - by Alexander Paleski

Utilizing building roof to create a revenue stream - by Alexander Paleski

February 19, 2021
How can I utilize my building rooftop to create a new revenue stream? Most building owners and their property managers are woefully lacking in the knowledge and experience required for the installation of a simple rooftop tenant. In reality, the co-location of telecom equipment
Hotel asset management in the time of COVID-19 - by Matthew Arrants

Hotel asset management in the time of COVID-19 - by Matthew Arrants

February 19, 2021
The intent of this piece is to suggest three key approaches to hotel asset management, developed during the COVID-19 crisis, that will continue to serve owners and asset managers as we move forward. As 2020 began, we were looking at another record year for hotel demand.
Thibeault Development to renovate 38,000 s/f building at 162 Boylston

Thibeault Development to renovate 38,000 s/f building at 162 Boylston

February 19, 2021
Boston, MA William Thibeault, owner of Thibeault Development continues to be active in the downtown market, having just closed on the Steinert building. The 38,000 s/f building located at the corner of 162 Boylston St, overlooks the Boston Common with views of the public gardens.