News: Front Section
Posted: December 9, 2010
JJManning Auctioneers sells Pleasant Valley Country Club at auction
JJManning Auctioneers completed the sale at auction on November 16th of the Pleasant Valley Country Club.
On auction day, 7 registered bidders each with a minimum certified deposit of $100,000 in hand vied for the property with the winning bid of $5 million tended by a local golf course owner.
Since opening in 1961, this single family owned and operated 137 acre 18-hole championship golf course has received international recognition and hosted 45 PGA and LPGA Tour events.
The property is centrally located in the Blackstone Valley at 95 Armsby Rd. and features 35,000 s/f. of facilities including a clubhouse, restaurant, function rooms, and pro shop.
JJManning Auctioneers sells high value commercial & residential real estate exclusively at auction. Earlier this year the firm also sold Sterling National Country Club for $4.2 million and Georgetown Golf Club for $3.9 million.
JJManning Auctioneers provides expert accelerated marketing and asset disposition solutions to Fortune 500 companies, REITs, corporations, government agencies, financial institutions, REO portfolio managers, small businesses, and private individuals across America. Since 1976, JJManning Auctioneers has successfully marketed and sold over 14,000 commercial, industrial, and residential real estate properties.
Tags:
Front Section
MORE FROM Front Section
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,
.png)
Quick Hits
Columns and Thought Leadership
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
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
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
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.