News: Owners Developers & Managers

NAI Hunneman handles $2.9 million sale of 22 unit apartments building

NAI Hunneman Commercial has brokered the $2.9 million sale of a 22-unit apartment building located at 1260 Mass. Ave. Carl Christie, executive vice president and principal, and Dan McGee, financial analyst, both of NAI Hunneman Commercial, represented the seller, Lexington based Boulos Realty Trust. The property was bought by Sanmartina L.P.. "The property offers great upside investment potential for the buyer," said Christie. "These apartments are in an excellent location for commuters." The property is conveniently located near Lexington Center and Arlington Center, which feature a wide variety of shops and restaurants. Nearby, Rte. 2 provides easy access to Boston as well as the outer suburbs and Rte. 128, while Mass. Ave. leads to the heart of Cambridge, and goes through to downtown Boston.
MORE FROM Owners Developers & Managers

Mount Vernon Co. acquires John Carver Inn & Spa in Plymouth, MA

Plymouth, MA The Mount Vernon Company (MVC), a Boston-based real estate and hospitality investment firm, has completed the acquisition of the John Carver Inn & Spa, an 80-room property.
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Columns and Thought Leadership
IREM President’s Message: Fostering community connections during the holiday season

IREM President’s Message: Fostering community connections during the holiday season

The holidays are again taking center stage, and with them comes an opportunity for multifamily communities to connect with the businesses and organizations in their cities and towns, fostering a sense of unity and generosity during this giving season
Selecting the right façade installation firm - by Steven Powell

Selecting the right façade installation firm - by Steven Powell

As the owner of a major new property being developed, or an existing large building preparing for major renovation, you want your design and construction team to have the right experience, capabilities, and expertise to match the project demands. A critical member of this team will be the façade installation specialty firm, since the quality of this installation will impact
Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn

Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn

For decades, New England has had a summer-peaking power system, where the greatest energy use occurs on the hottest and most humid days, due to widespread use of air conditioning. But by the mid-2030s, electrification of the heating sector likely will result in a winter peak that’s higher than the summer peak.