News: Front Section
Posted: October 6, 2023
Sales associates of Lila Delman Compass broker $3.1m sale - highest sale in history of condominiums in Narragansett
Narragansett, RI Lila Delman Compass has brokered the sale of 114 Boon St. for $3.1 million. Dan and Nicole Harding, Lila Delman Compass sales associates, represented the seller, while Jaime Wilson, Lila Delman Compass associate represented the buyer. This transaction marks the highest sale in history of a condominium in the town.*
Located in the Pier Beach neighborhood, this newly reconstructed, ocean-view condo features four bedrooms, three full and one half bathrooms. The property offers 12 ft. ceilings, covered ocean-facing decks, an elevator and a heated three car garage.
“It was beyond thrilling to be part of the sale of this iconic Boon St. structure that was meticulously reconstructed,” said Dan Harding. “Witnessing the transformation of this piece of history into a beautiful home with every modern day convenience, while keeping its old-world charm was amazing.”
According to data maintained by the Rhode Island Statewide MLS, Lila Delman Compass ranks as the #1 real estate brokerage in Narragansett this year. Agents of Lila Delman Compass have participated in four out of Narragansett’s top six sales year-to-date.*
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,
.png)
Quick Hits
Columns and Thought Leadership
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:
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.