Name: Louis Grossman
Title: President
Company: The Grossman Companies, Inc.
Location: 1266 Furnace Brook Pkwy., Quincy, MA 02169
Birthplace and year: Boston, Mass., 1949
Family: Wife, Patti; children: Joel, David, Jacob & Debbie
College: Boston University, BA, Economics; minor Psychology, MBA Business Administration, Columbia University
First job in real estate or allied field: Financial analyst/loan underwriter, Sonnenblick Goldman Advisory Group
What do you do now and what are you planning for the future? Oversee small family-owned business that invests, manages and develops all types of income-producing real estate properties. I plan to get more involved in the mortgage business.
Hobbies: Skiing, tennis, philanthropic interests
Favorite book: "Small Giants" by Bo Burlingham
Favorite movie: "The Prince of Tides"
Person you admire most (outside of family): Sam Zell
Key to success: Humility
If you had to choose another vocation what would it be? Teacher or camp director
Hingham, MA The Conrad Group has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
>They say, “April showers bring May flowers,” but this season may bring more movement in the housing market as springtime is one of the most popular times for home buying and selling. Although spring is one of the strongest seasons for the residential market, it may not be all rosebuds and butterflies if you don’t have the right advisors.
Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
As healthcare facilities, often referred to as “Doc in a Box” clinics, increasingly move into traditional retail spaces, landlords are more frequently leasing to medical tenants. Unlike standard retail or office leases, medical facilities come with a unique set of considerations that must be carefully addressed to ensure a successful tenancy.
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,