Tag: RealEstate
Multi-Family Portfolio Acquired
Boston – Marcus Partners, a real estate investment, management and development firm, announced the strategic acquisition of 1943 Dorchester Avenue and 4236 Washington Street in Boston for $35.8M. The two buildings, totaling 107 units, will be owned and managed in a joint venture with the John M. Corcoran and Company, one of the region’s leading owners, developers and […]
RE Investment Firm Announces Name Change
Newton, MA – Senior Housing Properties Trust (Nasdaq: SNH), announced that it has changed its name to Diversified Healthcare Trust effective Jan. 1 at 12:02 a.m. SNH’s common shares will continue to be listed for trading on the Nasdaq, but under the new ticker symbol “DHC” beginning as of the opening of trading on Jan. […]
Marlborough Industrial Building Receives Financing
Marlborough, MA – Washington Trust’s Commercial Real Estate Group recently provided $10 million to an affiliate of Berkeley Partners, for financing of a 144,784sf industrial building in Marlborough. The property features a modern flexible design, with about 20 foot clear heights and ample loading docks. The building is conveniently located in Marlborough and provides excellent […]
Pine Receives NEAHMA Award
Braintree, MA – Full-service real estate and property management firm, Peabody Properties, announced that Kristin Pine, director of training & education, has been recognized for excellence by the New England Affordable Housing Management Association (NEAHMA). Pine was the recipient of the President’s Award at the recent NEAHMA Annual Industry Awards reception, held in conjunction with […]
Commercial RE Firm Gives Back
Boston – The Bulfinch Companies (Bulfinch) spent a day of service giving back to their local community recently. Bulfinch partnered with Building Impact, a nonprofit organization that designs corporate days of service and team volunteering in the Boston community. The Bulfinch team worked together to make sandwiches for the St. Francis House in Boston. St. […]
Trends for 2020: Building Communities
by Nolan Previte One trend EBI Consulting expects to see continue in 2020 is one of building community. Though technology has us more connected than ever, studies have shown many of us feel less connected to those around us. The CRE industry has already begun using a number of tactics to build community back into […]
Worcester’s Greendale Mall Acquired
Worcester, MA – Finard Properties, a real estate development and management company specializing in retail, office, and hospitality, announced the acquisition of the Greendale Mall, located at 7 Neponset St. in Worcester. Robert E. Griffin, Jr. and his team at Newmark Knight Frank represented the seller in the transaction. Built in 1987, the Greendale Mall […]
Financing Provided for Milford Office Headquarters
Milford, CT – Washington Trust’s Commercial Real Estate Group recently provided $5.7 million to Lexmar Realty, LLC, for the construction and permanent financing of a new 23,293sf office building at 100 Plains Road in Milford. This new location benefits from its I-95 frontage and is about 15 miles southwest of New Haven Central Business District […]
Financing Provided for UConn Student Housing Renovation
Storrs, CT – Washington Trust’s Commercial Real Estate Group recently provided $13.9 million to Storrs Property Group/ Willington Property Group LLCs, for financing and the renovation of two student apartment complexes near the UConn Storrs Campus. The 100-unit Cedar Ridge complex is located less than four miles from UConn at 43 and 60 Burt Latham […]
Patel Joins Berkshire Hathaway HomeServices
East Greenwich, RI – Berkshire Hathaway HomeServices Commonwealth Real Estate recently announced the appointment of Prutha Patel of Providence, to the position of sales associate. Patel joins a growing and experienced team of professionals in the company’s East Greenwich office. Prior to her appointment by Berkshire Hathaway HomeServices Commonwealth Real Estate, she was the co-founder […]
