News: Front Section

Clark of Connecticut Commercial Realty & Select Homes completed sale for Whiteheads, trustees for Pauline Millaras

The Somers office of Connecticut Commercial Realty & Select Homes completed the sale of a property located at 904 Rte. 32 in the Uncasville section of town. The .69 s/f parcel is situated in a C-1 zone, and, at the time of sale, was improved by a highly depreciated 1,389 s/f residential structure. The property was sold for Joel and Martha Whitehead, trustees for Pauline Millaras, to Joseph Wyspianski of Lebanon , at a gross sale price of $ 130,000. Wyspianski has obtained an automotive sales license for the site, and intends to demolish the residence. His business will focus on used car sales. He was represented in the sale transaction by Ron Bates of Partner Properties and Attorney Harry Heller. The sellers were represented Tom Clark of Connecticut Commercial Realty, and by Manchester Attorney Jeff Walsh. Connecticut Commercial Realty & Select Homes operates divisions in both commercial and residential brokerage, as well as certified appraisal.
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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,
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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.
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.
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:
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.