According to Michael Giancola, president of Southeast Commercial, Michael Babini has joined Southeast Commercial where he will focus on commercial real estate in the South Shore area. Babini has had a long affiliation with commercial real estate beginning with Digital Equipment Corp. in 1984 and continuing after Digital's merger with Compaq Computer Corp., where he served as manager of real estate services through 2001.
Babini also served as an elected member of the Plymouth Planning Board for 27 years; a member of the Plymouth Board of Assessors for 10 years; an elected Town Meeting Member for 10 years and has served on a number of other town committees.
Most recently he was director of commercial development for the Pinehills master planned community.
Babini currently serves as a member of the Jordan Hospital Board of Trustees and the Plymouth Area Chamber of Commerce Board of Directors.
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.