Volpe of Coastal Commercial Real Estate completes $510,000 sale of 7,860 s/f property
According to Kevin Nery, president of The Nery Corp., 15-19 Smith Ave. was recently sold. The 7,860 s/f mixed use commercial plaza, multi family residence and warehouse are on 1.35 acres. The property was sold on November 5th and the purchase price was $510,000.
The seller was E & E Realty Co., and the buyer is Branch Plaza, LLC. The seller was represented by Michael Volpe of Coastal Commercial Real Estate, a division of The Nery Corp.
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,
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.
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.
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.
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: