News: Front Section
Posted: December 29, 2017
2017 Annual Review: P.T. Vineburgh of Charlesgate Realty Group
What was your greatest professional accomplishment in 2017? I would say selling out a Cambridge condo project and leasing up 80 units in Brighton, and 50 in Lynn and all at area record pricing and ALL 3 projects 100% absorbed pre-certificate of occupancy (CO), made us very proud.
What was your most notable project, deal, or transaction in 2017? Hard to pinpoint one, as we had some great projects and clients, so I would say securing assignments on 10 projects encompassing over 300 units with 9 different developers was very notable for us.
What are your predictions for commercial real estate in 2018? I think the market will continue to be strong on the multi family front, with some moderate softening on the apartment side and continued growth, albeit tempered, on the condo side.
Tags:
Front Section
MORE FROM Front Section
Front Section
McEvoy of The Conrad Group brokers $2.9 million sale of industrial building
Hingham, MA The Conrad Group has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
Columns and Thought Leadership
Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.
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,
It’s time to get creative with closed college campuses - by Christian Koulichkov
Facing higher costs, shrinking enrollments, reduced state funding and severe demographic headwinds, many colleges and universities in New England and the Northeast are fighting for survival. The latest to lose the battle is the 150 + year old University of the Arts in
Investing in a falling rate environment - by Harrison Klein
Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty
As healthcare facilities, often referred to as “Doc in a Box” clinics, increasingly move into traditional retail spaces, landlords are more frequently leasing to medical tenants. Unlike standard retail or office leases, medical facilities come with a unique set of considerations that must be carefully addressed to ensure a successful tenancy.