News: Front Section

Municipal Auction Strategies, a division of The Zekos Group, conducts two auctions - $638,000

Municipal Auction Strategies, a division of the Zekos Group, conducted two very successful auctions for the towns of Salisbury and Ipswich. Bidding was fiercely competitive in Ipswich where the Zekos Group offered a single family home on a prime 2.5 acre parcel. More than 25 qualified bidders crowded into the living room to engage in spirited bidding. The property was sold for $346,500 to a North Shore investor. The Salisbury auction featured several properties including a one acre commercial parcel on Main St. that generated $181,500 after an enthusiastic round of bidding. A developable building lot close to Salisbury beach fetched $110,000. The auction included several other properties and was held at Town Hall where prospective bidders packed the selectmen's meeting room. The Salisbury town manager declared the auction "very successful" and town treasurer and tax title custodian, Christine Caron credited the success of the auction with the professionalism and effective marketing strategy of the Zekos Group. The Zekos Group is the industry leader in municipal auctions and engaged in an accelerated marketing strategy that provided much needed revenue to both communities. The outcome proved once again that the auction method of marketing is alive and well
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Columns and Thought Leadership
How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

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

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

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

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.