 (2).jpg)
News: Front Section
Posted: February 26, 2021
Shinrock named exec. VP of Mount Vernon
Boston, MA Eric Shinrock, who has served as vice president of development and senior project manager for the Mount Vernon Company has been promoted to executive vice president of the firm.
According to Bruce Percelay, chairman of the Mount Vernon Company, “Eric has guided the company through the development of several complex projects as well as a range of new acquisitions and has demonstrated a strategic vision that will help guide us in the years to come.”
A native of Washington D.C. and a graduate of Boston College, Shinrock has served as project manager for a series of high-profile developments by MVC over the past five years.
Since Shinrock has joined the firm, the company’s portfolio has grown nearly 50%. Shinrock will be in charge of new acquisitions for the company on a going forward basis along with Percelay and will be directing the company’s efforts in both New England and new markets.
The Mount Vernon Company was established 30 years ago and has emerged as one of the leading multifamily landlords in the New England area. The company owns a wide range of high-quality apartment buildings and hotels and has major industry awards for the quality of its properties.
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,
Quick Hits
.png)
Columns and Thought Leadership
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.
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.
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.
