News: Front Section

Talkowski and Flynn of Daniel J. Flynn & Co. sell two props. totaling $890,000 in third party foreclosure sales

Daniel J. Flynn & Co/ Flynn Auctions sold two properties recently in third party foreclosure sales totaling over $1 million.The separate auctions took place in Somerville and Danvers. Auctioneer, Paul Talkowski accepted a final bid of $490,000 for a 4-unit residential home in Somerville. Approximately 40 people were in attendance with 16 registered bidders. The property is located at 1298 Broadway near the campus of Tufts University. The building is a 4-unit, 4,512 s/f building with 15 total rooms, 6 bedrooms and 4 full baths located on a 4,390 s/f corner lot. CEO/auctioneer Dan Flynn auctioned off a two-story office building located 74 Elm St.in Danvers for a high bid of $400,000. The property consists of a 3,841 s/f building on a 12,000 s/f lot. Both foreclosure sales reflect Flynn & Company's leading track record for successful third party sales at auction. "We're pleased that we can provide excellent service to our client but we also love to see real estate investors score great deals" said Flynn, "It's a win-win situation all around." Daniel J. Flynn & Co. is New England's independent leader in third party real estate sales at auction. For upcoming auction investment opportunities subscribe to Flynn's Auction Alert at www.FlynnAuctions.com
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Ask the Electrician:  How do I prepare my commercial building for a disaster?

Ask the Electrician: How do I prepare my commercial building for a disaster?

New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
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The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary