News: Front Section

Phipps Realty forms affiliation with Compass

East Greenwich, RI Family-run residential real estate firm Phipps Realty, Inc. has affiliated with Compass. Founded in 1976 by Joyce Phipps, Phipps Realty has long been recognized for its client-centric approach to real estate, guided by the mission “Our family takes care of yours.” Notably committed to their service and support of the community, Phipps Realty will maintain its dedicated office space located at 111 Main St., now doing business as the Phipps Team at Compass. All members of the Phipps Team and associated licensees are now affiliated with Compass’ flagship Providence location.

The Phipps Team at Compass includes team leader Matt Phipps, associate broker Ron Phipps, and sales associates Susan Martins-Phipps, Sophia Karvunis and Jake Heffern. Christina Phipps serves as the team’s graphic & digital strategist and Aaron Fergola as the team’s counsel. As a group, their industry accolades include a six time County/Board Realtor of the Year, two time RIAR Realtor of the Year, a RIAR state president, a “30 under 30” designee and the 2011 president of the National Association of Realtors.

“This decision did not come lightly – affiliating with Compass, a technology-driven, industry leader with national scale, best positions our team and beloved clients for the next chapter of business in an evolving real estate landscape,” commented Ron Phipps. “We are grateful for the warm welcome from Robert Reffkin, founder/CEO, and the entire Compass Team. We look forward to the contributions we are committed to making to our greater Compass community.”

“We are delighted to welcome Ron, Matt and Phipps Realty to our market leading Compass team in Rhode Island. I’ve known Ron and Matt for many years and their leadership within the real estate industry on both a local, state and national level is unparalleled,” shared Bob Leighton, managing director of Compass Rhode Island. “As a multi-generational, family oriented brokerage, Phipps Realty is recognized for their consummate professionalism and hands-on, consumer centric approach.”

Though noted for their ties to East Greenwich, The Phipps Team services all of Rhode Island and Massachusetts, working with sellers, buyers, investors and tenants alike. The team has been long recognized as a top team in Kent County, having successfully closed over half a billion dollars of real estate.

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,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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.
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: