Allaire of ERA Key Commercial brokers 12-units apt. for $1.15m
Jeff Allaire of ERA Key Commercial represented the seller K & J Realty Trust in the sale of a two building, 12 unit complex at 349 - 353 East St for $1.15 million ($95,833 per unit).
Allaire represents K & J exclusively in sales and acquisitions throughout Mass.
Teresa Ford of RE/MAX Landmark procured the buyer, East St 349 Realty Trust. The property consists of two six-unit buildings with one and two bedroom apartments located on over two acres on Rte. 140.
The buyer is an investor who has plans for infrastructure and utilities improvements.
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,
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:
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.