Atmark Apartments and O'Connor Capital Partners donation to Cambridge Fire Relief Fund.
Atmark Apartments (Atmark), along with O'Connor Capital Partners, held its Grand Opening Party on July 31 to celebrate the success of the luxury development. Most importantly, Atmark took the opportunity to raise awareness for and make a donation to Cambridge Mayor David Maher's Cambridge Fire Relief Fund.
In addition to O'Connor Capital team members Cabot, Cabot & Forbes and Leggat McCall Properties, property manager the Bozzuto Group, construction manager Plumbhouse, and architect Cube 3 Studio all were in attendance to show their support for the successful Atmark project.
"After hearing about the Allston Street fire, we felt it was our duty to help our Cambridge neighbors." said Brian Fallon, partner of O'Connor Capital and owner/developer of Atmark. "We hope that our contribution will support the families displaced by this tragic fire."
The Cambridge Fire Relief Fund was set up last week by mayor David Maher to provide direct financial aid to the nine Cambridge families displaced by the recent nine-alarm fire. With mayor Maher and city manager Richard Rossi present at the Grand Opening celebration, Fallon was proud to present the mayor with a $5,000 check to aid the families during their difficult times.
"I would like to thank Atmark Apartments and O'Connor Capital Partners for their generous contribution to help these struggling residents," said mayor Maher. "The strength and bond of Cambridge is truly shown when situations like these arise and everyone comes together as one."
"This donation will be a great help for these families as they begin to recover from the recent tragedy," said Rossi. "Gestures like these help hold a city together, creating an integrated community."
Organized and managed by Nickerson's director of events, Carrie Richards, the party treated attendees to delicious hors d'oeuvres, multiple creative bar stations (in the Sky Lounge and poolside), and live music throughout the night.
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.
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.
>They say, “April showers bring May flowers,” but this season may bring more movement in the housing market as springtime is one of the most popular times for home buying and selling. Although spring is one of the strongest seasons for the residential market, it may not be all rosebuds and butterflies if you don’t have the right advisors.
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
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.