News: Front Section

Chozick of Chozick Realty arranges $2.84 million sale of four buildings totaling 43 units to Yale Buildings

Rick Chozick of Chozick Realty has arranged the sale of four multifamily apartment buildings for $2.84 million. The CHFA Small Properties, Inc., portfolio consisted of properties located at 1263 Chapel St., 495 Howard St., 46 Orchard St. and 258 Fairmont Ave. The four buildings were constructed from 1986 through 1991 and contain a total of 43 units. The unit mix consists of 12 two bedroom and four three bedroom garden style units; five two bedroom and 22 three bedroom townhouse apartments. Located in mixed use residential locations, the properties are all close to Yale University or the Yale New Haven Hospital complex. The purchaser was Yale Buildings LLC, a regional investment firm.
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Ask the Electrician:  How do I prepare my commercial building for a disaster?

Ask the Electrician: How do I prepare my commercial building for a disaster?

New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
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.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

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

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary