Richard Rhatigan and Bryan Atherton of Atherton & Associates negotiate an investment sale of an office property at 300 Queen St. for $925,000. The 11,500 s/f building is in excellent shape, on a very busy road with high traffic counts, access to I-84 and visibility. The property was transferred vacant and they expect a quick lease up of the building. Rhatigan and Atherton used a discounted cashflow model to evaluate the future performance and value of the asset once it is leased.
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:
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.
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.
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.