News: Front Section

NEREJ's managing editor Ben Summers honored with the Presidential Volunteer Service Award

The New England Real Estate Journal's managing editor, Ben Summers recently was honored by receiving the Presidential Volunteer Service Award. It was recommended by the Talking Information Center where Ben has volunteered for 2,000 hours during the past more than 30 years. He reads and records Bloomberg Business Week and the Economist every week. The recordings are broadcast to blind and handicapped residents throughout Massachusetts over a special FM frequency. The award was created by the President's Council on Service and Civic Participation to encourage ongoing involvement in service and civic engagement. It was created by the first President George H.W. Bush and has been continued by all succeeding Presidents. Shown in photo are nearly all of the Journal employees - editors, publishers and staffers. Financial Digest publisher Jeff Keller is holding the framed award. Ben is holding an Official Citation from the Mass. Senate and Sabrina Andrews is holding the Official Citation from the House of Representatives. Karen Dowell is holding a letter from President Obama. That letter is as follows: "Congratulations. In my Inaugural Address, I stated that we need a new era of responsibility - a recognition on the part of every American that we have duties to ourselves, our Nation and the world ... that we seize gladly, firm in the knowledge that there is nothing so satisfying to the spirit than giving our all to a difficult talk. Your volunteer service demonstrates the kind of commitment to your community that moves America a step closer to its great promise."
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Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

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Columns and Thought Leadership
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:
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.

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

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