News: Front Section

Fess appointed the group head of Brookline Bank's Commercial Real Estate Banking Group

Darryl Fess has been named group head of Brookline Bank's Commercial Real Estate Banking Group. "We couldn't be happier to make this appointment from within our ranks," said Paul Perrault, CEO of Brookline Bank. "From the day he joined us, Darryl has been a standout. His grasp of the local marketplace and his ability to tailor solutions for our clients has produced extraordinary results." Fess, a 20 plus-year banking veteran with over 15 years of commercial real estate experience will be working across Brookline Bank's geographic footprint and with all classes of commercial properties. Fess said, "I am honored to have this opportunity to work with an exceptional real estate team that continually goes above and beyond to help clients achieve their goals." Fess previously held banking positions at Wainwright Bank & Trust Company, Citizens Bank, Grove Bank and Bank of Boston. He earned an MBA from Providence College and BA in Economics from Boston University. Brookline Bank is a subsidiary of Brookline Bancorp, Inc., and is headquartered in Brookline, Mass. A full-service financial institution, Brookline Bank provides individuals and businesses with deposit and lending services, residential mortgages and home equity lending, commercial and CRE lending, cash management, merchant services, and access to investment services. Brookline Bank operates 20 branches in Greater Boston. For more information go to www.brooklinebank.com
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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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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.
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:
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.