11 applicants for casinos/slot parlors submitted to Mass. Gaming Commission
Eleven applications for casinos and slots facilities in Mass. were filed before the January 15th deadline to the Massachusetts Gaming Commission with the single slot-parlor license to be awarded by the end of 2013. The list of applicants that paid the non-refundable $400,000 fee to enter Phase 1 includes casino veterans MGM Springfield, Penn National Gaming, Hard Rock MA, Wynn, and Mohegan Sun. Also Plainridge Racecourse, Sterling Suffolk Racecourse, Raynham Park, Mass Gaming Entertainment, PPE Casino Resorts, and Crossroads Massachusetts filed applications.
There's the most competition for the license in Western Mass. Four developers have submitted applications for that region. MGM Resorts International and Penn National Gaming are interested in building in Springfield. Hard Rock is looking to build at the Eastern States Exposition fairgrounds and Mohegun Sun in Palmer.
The Mass. Gaming Commission will award license for the slot/parlor facility by the end of 2013 and the first resort casino license will be awarded in the first quarter of 2014.
Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
To say that the effects of COVID-19 has transformed office leasing is an understatement. When COVID-19 was at its peak, office spaces were practically abandoned either through governmental mandates or through actions taken by businesses themselves.
Coming out of the pandemic, a client with three hotels in Provincetown, Mass., needed ways to let the world know his properties were open for business for the 2021 tourist season.
While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid: