News: Front Section
Posted: March 10, 2017
Kelleher and Pentore of Horvath & Tremblay broker $3.9 million in three sales
Dennis Kelleher, Horvath & Tremblay
John Pentore, Horvath & Tremblay
Somerville, MA Dennis Kelleher and John Pentore of Horvath & Tremblay, have arranged the sale of three multi-family properties in the city for $3.905 million. The apartment buildings are located at 83 Newton St., 127 Hudson St. and 42 Gorham St.
83 Newton Street - Somerville, MA
The first property, 83 Newton St., is situated in an urban location, close to the Cambridge border. The property is centrally located and within walking distance to Union Sq., Inman Sq. and Harvard Sq.
127 Hudson St. is situated in the Spring Hill neighborhood of the city and located near Davis Sq. and Porter Sq.
42 Gorham Street - Somerville, MA
The Gorham St. multi-family is located in the Davis Sq. neighborhood. Davis Sq. has become a sought-after location for young professionals and families to live and work. The area is lined with restaurants, cafes, and entertainment venues, blending the convenience of urban living with residential appeal. It is also located less than 5 minutes to the Davis Sq. T Station.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in New England. Their advisors specialize in the sale of apartment buildings, mixed-use properties and development projects. They have experience successfully structuring portfolio sales and 1031 exchanges. They have a dedicated buy side desk that provides real time inventory and market data to each individual client placing capital or fulfilling a 1031 exchange requirement. The firm is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.
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)
Columns and Thought Leadership
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
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:
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.
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.