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 capital gains taxes if the property owner sells such property
The golf industry has actually seen an increase in golf rounds played during 2020, as a direct result of the COVID-19 pandemic. Many more people were working at home with more flexible schedules. And, golf represented a safe, socially-distant
Peabody, MA William Thibeault, of Thibeault Development recently closed on 68 Prospect St. The former Lahey Medical Imaging building was purchased for $1.2 million and and is now being sold for $3 million to K. Hoyle Construction Company. Kevin Hoyle plans on developing the property into multiple townhouses.
It’s not an illusion, the good weather has become a staple and the memories of the last 16 months are slowly slipping into oblivion. Fewer restaurants translates into less competition for those who’ve survived the pandemic. Even though waiting lines have
Weymouth, MA First Realty Management Corp. has reached an agreement with the developers of an apartment building nearing completion in South Weymouth to provide leasing and management services for a 153-unit market-rate residential project
Boston, MA WinnCompanies has filed a Letter of Intent (LOI) with the Boston Planning and Development Agency (BPDA) for the first phase of the redevelopment of the Mary Ellen McCormack Public Housing Community.
Braintree, MA The Peabody Companies has named Daniel Tompkins as a senior property manager. In this role he is responsible for the physical, financial, and administrative
Boston, MA Beacon Communities has promoted two of its senior staff members to senior vice president. Andrea Orio has been promoted to senior vice president of administration and compliance, and Gary Dufresne has been promoted to senior vice president
Brookline, MA Hancock Village Townhome Apartments, a residential community of Chestnut Hill Realty (CHR), have always been an attractive option for those seeking more outdoor space with private entrances and backyards
I am a professor of Business and Economics at Salve Regina University in Newport and on the first day of each new semester, and for each new class or lecture, I posit the following question. What is a business for? What are companies, and organizations,
Welcome to the time of turmoil for the real estate and construction industry. We survived the pandemic of the last year, which wreaked havoc with the way we do business and how we communicate with towns and each other. Now we face new challenges with supply costs,