News: Front Section
Posted: November 1, 2019
Windover Construction breaks ground at new Cape Ann YMCA
along with executives from the Cape Ann YMCA, local officials,
Sam Park and Company, and the Dolben Company.
Gloucester, MA Windover Construction CEO Lee Dellicker joined executives from the Cape Ann YMCA, Sam Park and Company, and the Dolben Company, for a ground breaking ceremony of the new 65,000 s/f YMCA, the Glen T. MacLeod YMCA. The facility is to be built as the centerpiece of a project that will include a 200-unit rental housing complex and 25,000 s/f of retail space adjacent to the neighboring Gloucester Crossing. The new YMCA will have an eight-lane pool, room for 76 preschoolers at a time, and other amenities. The facility is slated to open in the winter of 2020.
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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
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Columns and Thought Leadership
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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.
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.
