Prime Property Investors, Ltd. principals BarbaraGaffen and Michael Zaransky have acquired Clover Ridge Apartments, a 100% occupied student housing multi building complex, three blocks of the main campus of the University of Notre Dame.
The purchase marks Prime's continued expansion of its nationwide student housing property portfolio and is the company's first entry into the University of Notre Dame student housing market. Located immediately adjacent to the campus, the Clover Ridge Apartments community amenities include a swimming pool, club house, work out/exercise room, tanning bed, basketball court, tennis court, and sand volleyball court. The property, situated on 8 acres, features near campus on site parking.
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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,
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.
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:
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.
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.