News: Front Section

Boston Realty Advisors retained to sell four building Nantucket Inn Portfolio

Boston Realty Advisors (BRA) has been retained to market for sale Nantucket Portfolio. An established and well-known collection of four historic and newly constructed inns located in the epicenter of downtown, just steps from the island's world-class restaurants, boutique shops, and waterfront. The opportunity provides the purchaser the ability to create instant scale and critical mass on the island. The Nantucket Portfolio consists of four buildings in downtown, amassing 200 feet of frontage on Center St. between Chestnut and India St. The four iconic buildings consist of 60 rooms, 71 beds, prominent restaurant/retail space, and a large courtyard rarely found in the downtown area. Brandon Tarpey, hospitality advisor for BRA, said, "This is a very rare opportunity to control approximately 6% of the Island's total hospitality inventory" Jason Weissman, principal and founder of BRA said, " This is really a once an in a life time opportunity to purchase an irreplaceable collection of historic inns in one of the world's most exclusive and desired vacation destinations." BRA will be conducting tours over the coming weeks for interested parties. BRA is a privately held commercial brokerage firm based in Boston, Massachusetts. BRA specializes in the sale and leasing of investment and commercial properties throughout New England.
MORE FROM Front Section

Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

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,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Four tips for a smooth 1031 Exchange - by Bill Lopriore

Four tips for a smooth 1031 Exchange - by Bill Lopriore

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.
How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

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.

Five ways to ruin a  Section 1031  Like-Kind Exchange - by Bill Lopriore

Five ways to ruin a Section 1031 Like-Kind Exchange - by Bill Lopriore

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:
Make PR pop by highlighting unique angles - by Stanley Hurwitz

Make PR pop by highlighting unique angles - by Stanley Hurwitz

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.