BCAE sells Gamble Mansion in excess of $15 million
After a short time on the real estate market, the Boston Center for Adult Education (BCAE) has sold its building at 5 Commonwealth Ave. for over $15 million.
The buyer has informed the BCAE that they intend to maintain the building as a single family home and will preserve and respect the property in a way that is consistent with its history and heritage.
Since 1938, The Gamble Mansion has served as the main headquarters for the BCAE.
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.