News: Front Section
Posted: November 18, 2016
Peregrine Group LLC and Rustpoint Advisory merge
East Providence, RI Peregrine Group LLC, a real estate development, property management and third-party advisory firm, has merged with Rustpoint Advisory of East Greenwich. Rustpoint principal Eric Busch will join Peregrine’s leadership team as partner, bringing 20 years of experience to the firm. He and partner Samuel Bradner will lead the advisory practice. The combined practice and portfolio will provide clients and partners with resources and access to a broader array of expertise.
Shown (from left) are: Eric Busch, Jordan Stone, Samuel Bradner and Colin Kane.Busch has a proven track record of providing strategic consulting and leadership on projects worth hundreds of millions of dollars, as well as with relatively small scale neighborhood and community economic development efforts. Current Rustpoint clients will continue working with Busch, and will now have the added expertise, resources and integration of Peregrine.
“Eric is a natural fit for Peregrine,” said Bradner. “He has already partnered with Peregrine on projects such as the $100 million Zion Bible College redevelopment, and has always impressed us with his knowledge and strong work ethic. Our already strong team of industry experts will now be even more robust with the arrival of Eric. We are thrilled to have him join our team.” Bradner and Busch have worked together in various capacities and on projects dating back to 2005.
With headquarters in Rumford and recently added offices in Newport and Boston, Peregrine Group is an award winning advisory, development and project management firm, nationally recognized for transformative projects in community development, healthcare and hospitality, including the redevelopment of Rumford Chemical Works, The Ocean House, and several restaurants across the country for Iron Chef Morimoto.
“Peregrine Group is not just about bricks and mortar but the full impact a project will on have the community,” said Busch. “I share their philosophy, and am honored to join an impactful team that is helping to improve the built environment by combining a thoughtful, practical and pragmatic approach to visionary projects.”
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,
Columns and Thought Leadership
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
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.
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
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:
