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.
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Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

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.
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The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

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