News: Front Section

Saturley acquires interest in Florida based Tranzon Driggers

According to Walt Driggers, CAI, AARE, majority interest in his long time real estate auction company, Tranzon Driggers, has been sold. Driggers has partnered with Tom Saturley, CAI of Portland, current chairman of the board of Tranzon, LLC and owner of Portland based Tranzon Auction Properties, along with Jon Barber, Florida real estate broker and auction professional. This recent acquisition by Saturley adds Florida to his Tranzon holdings currently in Maine, Massachusetts, New York, and Colorado. The coalition assumed responsibility for operations this week. Driggers called the new partnership "an exciting move that positions Tranzon Driggers to grow its presence in the Southeast and will provide additional depth and breadth of leadership for the company. The new ownership team positions Tranzon Driggers to create an additional advantage for our clients." Tranzon provides timely real estate solutions for lenders, trustees, individuals, and other serious sellers of real estate throughout the United States. Independently owned and operated, Tranzon Auction Properties and Tranzon Driggers are members of the Tranzon national auction and accelerated marketing group.
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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,
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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.
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How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

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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.
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: