News: Front Section

Todd Nordblom promoted to president of Nordblom Company

Burlington, MA According to Nordblom Company, Todd Nordblom was promoted to company president. In his new role, he will oversee all Nordblom Company’s investment and development activity as well as investor relations and marketing.

Todd has been with the company since 2014 and most recently served as senior vice president, where he oversaw many aspects of Nordblom’s residential investment and development projects.

“It is an exciting opportunity for both Todd and the company as we continue to evolve our vision and practices in such a dynamic business environment,” said Og Hunnewell, executive vice president and member, board of directors.

Accompanying the news is the announcement of Peter Nordblom’s transition from long-time company president to chairman of the board. Peter will remain active in strategic planning, financing, and asset management.

“While we have a long company history, our culture is very forward looking by design. Over the last few years, we’ve seen a new generation of talented people join and grow with Nordblom. They are well poised to help define the future of real estate in greater Boston for the coming decades,” Peter Nordblom added.

In the new role, Todd will continue to collaborate with the company’s highly capable senior management team, which has an average tenure of over 20 years.

“Nordblom Company is a powerful platform for advancing not only our vision for real estate, but also enriching the lives of those served through our projects,” remarked Todd. “This includes our investors and communities, as well as our employees. I am humbled by the opportunity to play a leading role in guiding these visions going forward, while remaining committed to the many stakeholders that have helped define our success over the years.”

MORE FROM Front Section
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,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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:
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.
How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

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.

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.