Hunneman's Ross and Barroso neg. $3.65 million sale
NAI Hunneman has brokered the $3.65 million sale of 195 Commonwealth Ave., a 12-unit 8,500 s/f apartment building.
David Ross, executive VP/principal, and Gina Barroso, associate, both of NAI Hunneman, represented the seller, and procured the buyer..
"Trophy assets continue to draw huge interest from all investor sectors including cap rate investors, value added players, and condo converters. All were present in the multiple bid situation of this asset," said Ross.
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,
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.
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.
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:
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.