News: Front Section
Posted: October 10, 2007
United Multi Family brokers sale of a 21-unit apartments building for $1.435m
United Multi Family brokered the sale of a 21-unit apartment building at 220 Broadway for $1.435 million.
Handled by Mike Kobialka of the New England office, the brick residences were built in 1920 and sold by John Imbrescia to Boris Kuritnik.
The CAP rate at the time of sale was 7.55% with the property having a gross annual income of $229,740.
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Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI
Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
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
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The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins
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