News: Owners Developers & Managers

Palazzolo of City Realty Group brokers $3.195m sale of two multi-family props.

City Realty Group LLC agent Michael Palazzolo brokered the sale of two multi-family properties at 112 and 135 Hillside St. in the Mission Hill district. The buyers are Mark, Eric and Adam Kaufman. The seller was JSMW, LLC and was represented by Savage Properties. These two properties were sold as a package deal for a sale price of $3,194,900. 112 Hillside has 3 units and 4,810 s/f. 135 Hillside also has 3 units and 5,000 s/f. The properties have been renovated, are leased through August, contain separate utilities and are close to shops, restaurants, public transportation and Northeastern University. CRG owns and operates five full-service real estate offices in Metro Boston.
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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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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.