News: Front Section
Posted: January 4, 2019
MassDevelopment issues $2 million bond to International School of Boston, Inc.
Cambridge, MA MassDevelopment has issued a $2 million tax-exempt bond on behalf of the International School of Boston Inc. (ISB), a bilingual French-American school serving students in preschool through 12th grade located at 45 Matignon Rd. The school will use bond proceeds to upgrade and equip its campus, including making improvements to classroom and lab space, the gymnasium, playground areas, and landscape; updating electrical and plumbing systems; buying and installing new technology equipment and software; and conducting environmental remediation. Middlesex Savings Bank purchased the bond.
“From our primary schools to our premier colleges and universities, MassDevelopment is always proud to leverage tax-exempt bond financing to help our state’s world-class educational institutions update or expand their campuses,” said MassDevelopment president and CEO Lauren Liss. “Here in Cambridge, we’re pleased that the International School of Boston will be able to make needed improvements to its school buildings and grounds, creating a better educational experience for its students and faculty and reinforcing the campus for years to come.”
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
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.
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:
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.