New England Real Estate Journal

Fairlane Properties purchases 155 and 159 Swanson Road for $18.3 million

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Boxborough, MA Fairlane Properties, Inc. recently purchased 155 and 159 Swanson Rd., a 205,234 s/f two-building ......

Love Funding secures $6.56 million loan refinance for Brandywine Apartments

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Amherst, MA Love Funding has closed a $6.56 million loan refinancing for Brandywine at Amherst Apartments, a ......

Can appraisers take back some measure of control? And, are we up to the task?

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

The appraisal process is under serious assault. It will get worse before it gets better. Appraisers ......

Balise Auto Group plans to break ground on $8 million expansion of Warwick facility at 1400 Post Road will create 45 jobs and employ 200 construction workers

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Warwick, RI Mayor Scott Avedisian and governor Lincoln Chafee joined Mike Balise, an owner of Balise Auto ......

Southbridge Downtown Partnership presents Discover Southbridge on May 31st

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Southbridge, MA Southbridge Downtown Partnership members and board of directors presents an exclusive complimentary ......

NorthMarq handles $8.75 million in financing for four apartment properties

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Lowell, MA Robert Ranieri, senior vice president/managing director of NorthMarq's capital services, east ......

Cycles are determined by repetitive patterns/occurrences

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Cycles are determined by repetitive patterns of behavior or occurrences. The current economic ......

RICABOR supports new legislative initiative; Commercial Lien Legislation

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Providence, RI The R.I. Commercial and Appraisal Board of Realtors (RICABOR), led by Realtor Peter Scotti of ......

McCourt of The Conrad Group completes $1.25 million sale for 500 Granite, LLC

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Milton, MA The Conrad Group has recently consummated the sale of 500 Granite Ave. on behalf of the seller, 500 ......

Cornerstone Realty arranges $7.5 million financing for Winchester Chambers

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Winchester, MA Cornerstone Realty Consultants arranged a $7.5 million loan for its client allowing for the ......

Tony Trodella: A Tribute from Dick Dennis

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Many, maybe most of us, will remember the tv ad where the mother would call out "Anthony" and a ......

Paramount Properties Group and Sweeney Real Estate lease 23,425 s/f at 300 Jefferson Boulevard

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Warwick, RI John Cregan of Paramount Properties Group and Tom Sweeney of Sweeney Real Estate & Appraisal ......

Feeling better yet?

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Finally, we are beginning to see consistent, positive news on the economy and real estate market. ......

Wittmann and LaBine of HFF arrange $48 million construction loan for Residence Inn by Marriott

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Boston, MA HFF has arranged a $48 million construction mini-permanent loan for the development of the ......

Compliance virus: Doing our job while looking over our shoulders

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

I have witnessed some interesting behavior from appraisers recently. It is due to a malady which ......

Vision 3 Architects designs Edwards Wildman Palmer headquarters

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Providence, RI Edwards Wildman Palmer has selected Vision 3 Architects to redesign their headquarters. The space ......

Richards Barry Joyce & Partners named exclusive leasing agent for SouthField Corp. Center

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

South Weymouth, MA Richards Barry Joyce & Partners, LLC (RBJ&P) has been hired by LNR Property LLC as the ......

Troubled CMBS loans: Update and trends

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

CMBS loan delinquencies continue to exceed the 8% mark through March 2012 according to Morningstar ......

Time for all to come to the aid of their profession

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Now is the time for all good men and women to come to the aid of their profession. Yes profession. ......

Mayor Avedisian's message: Balise expansion creates 45 jobs

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

I recently had the pleasure of joining many of our city councilors, governor Lincoln Chafee and the ......

KBS Realty Advisors appoints Kaufman as senior vice president

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Boston, MA KBS Realty Advisors has named Randi Kaufman as senior vice president and asset manager, responsible ......

Breda and Adams of Goedecke & Co. arrange $15.5 million financing for three properties

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Westport, CT The Westport office of Goedecke & Co., LLC has arranged $15.5 million in aggregate financing ......

Mortgage loan fraud: Keep competence and ethics high

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

First I want to thank the three Premier Sponsors of the Massachusetts Chapter of the Appraisal ......

Cregan and Crecelius of Paramount Properties Group lease 6,350 s/f for Link Commercial to Winning Costumes

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Warwick, RI Daniel Cregan and Cris Crecelius of Paramount Properties Group have leased 6,350 s/f of office and ......

Abbot Building Restoration completes repair of 46 San Juan Street

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Boston, MA Abbot Building Restoration recently completed restoration of the façade of a 4-story brick and ......

Arbor Commercial Mortgage, LLC appoints Donovan to lead expanded HUD/FHA lending group

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Boston, MA Arbor Commercial Mortgage, LLC has appointed Joseph Donovan to senior vice president, director of ......

The two halves of 2012: Perspectives and prospects

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

My being part of CBRE provides an opportunity to gain unique market knowledge not typically ......

Farnsworth of Walker & Dunlop, LLC closes $15.88 million Freddie Mac loan: 250-unit Kent Farm Village, managed by First Realty Management

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

East Providence, RI Walker & Dunlop, LLC provided $15.88 million in financing for Kent Farm Village, an affordable ......

Linear Retail purchases 9,870 s/f shopping center for $4.385 million

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Manchester, NH Linear Retail Properties has purchased a 9,870 s/f shopping center at 926-950 South Willow St. The ......

Fantini & Gorga arranges $4.785 million for Aberjona Nursing Center

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Winchester, MA Fantini & Gorga has arranged $4,785,500 in permanent financing for Aberjona Nursing Center, a ......

Lose the blues in Chicago - CRE Mid-Year Meeting

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

The Counselors of Real Estate held its national spring meeting at the Fairmont Hotel in Chicago ......

Surprenant of MG Commercial sells 8,000 s/f office condo for $575,000: at FH French's 6 Blackstone Valley Place

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Lincoln, RI Gerry Surprenant, SIOR and partner at MG Commercial sold a 8,000 s/f two story of condominium at 6 ......

Jones Lang LaSalle makes Fortune's "World's Most Admired Companies" List

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Boston, MA According to Fortune magazine, for the fourth year, Jones Lang LaSalle (JLL) was named to its ......

Cornerstone Real Estate raises $315 million for club-style debt investment vehicle - closes Enhanced Mortgage Fund

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Hartford, CT Cornerstone Real Estate Advisers has closed its Cornerstone Enhanced Mortgage Fund LP after a raise ......

Low rates cause high "values" - Don't get caught

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

About 10 to 12 years ago, well before the Great Recession, interest rates were low, facilitating ......

Scaralia of Albert Realtors sells 24 Cory Avenue building

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Cranston, RI Janet Scaralia of Albert Realtors sold a mixed-use building at 24 Cory Ave. for $190,000 to Larry ......

NAI Hunneman handles 23,397 s/f lease at Waverley Oaks Office Park

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Waltham, MA NAI Hunneman's suburban leasing group has negotiated a 23,397 s/f office lease for Springwell Inc. ......

Professional Profile: Tammy Goldfisher of The Henley Group

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Name: Tammy Goldfisher
Title: Principal/Managing Director
Company: The Henley Group
Location: 8A ......

R.I. health centers awarded $6 million grant for expansion/renovations

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Providence, RI Community health centers in R.I. will be able to serve new patients because of $6 million in ......

Potential savings in a hard insurance marketplace

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

The property and casualty insurance marketplace is undergoing a period of adjustment, with insurers ......

Professional Profile: Warren Gomberg of Gomberg Financial Services

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Name: Warren Gomberg
Title: Principal
Company: Gomberg Financial Services
Location: 196 Pleasant ......

Amper of Capstone Properties leases 11,000 s/f building to City Towing: 50 Thurbers Avenue owned by J. Broomfield and Sons

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Providence, RI Neil Amper, SIOR, vice president of Capstone Properties leased an 11,000 s/f building located at 50 ......

Western Massachusetts commercial real estate market remains dormant

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

There is no energy in the commercial industrial real estate market, in spite of improving business ......

Professional Profile: Edward Shapiro of Infinity Capital LLC

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Name: Edward Shapiro
Title: Principal
Company: Infinity Capital LLC
Location: 295 Turnpike St., ......

Washington Trust named to Keefe Bruyette & Woods' 2011 Bank Honor Roll

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Westerly, RI According to Washington Trust Bancorp, Inc., the parent company of The Washington Trust Co., the ......

Development Associates continues construction on the Northampton I-91 Professional Center

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Northhampton, MA Construction continues at the Northampton I-91 Professional Center. With 60% of the 33,000 s/f ......

Professional Profile: Brian Sheehan of Eagle Bridge Capital

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Name: Brian Sheehan
Title: Principal/Managing Director
Company: Eagle Bridge Capital
Locaiton: ......

Cutting through the red tape: Governor Chafee launches new program that fast tracks business expansion to create jobs

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

North Kingstown, RI Building on a recent initiatives at Quonset and the R.I. Economic Development Corp. (RIEDC) to make ......

King of King & Newton, LLC brokers the sale of Mason Manor Apartments for $3.432 million

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Chicopee, MA Thomas King, CCIM of King & Newton, LLC Commercial Real Estate brokered the sale of Mason Manor ......

The Greater Boston Real Estate Board names Maley executive director of REFA and BOMA

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Boston, MA The Greater Boston Real Estate Board (GBREB) would like to announce that Adrienne Maley will be ......

Quonset Business Park and North Kingstown making smart moves together

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

The "Quonset Zone" designation for Quonset Business Park continues to draw attention, and praise - ......

Project of the Month: Kuhn Riddle Architects and Wright Builders break ground on 13,513 s/f medical building

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Amherst, MA Atkinson Family Practice, Kuhn Riddle Architects, and Wright Builders broke ground for the medical ......

REFA held panel discussion on April 19th

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Boston, MA REFA held panel discussion at Goulston & Storrs offices entitled, "Love That Dirty Water: ......

Building strong future for new business and entrepreneurs

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Rarely in the life of older, urban cities do its leaders have a chance to clear the slate and begin ......

Greater Springfield's commercial and industrial market place begin to improvement Q1 and Q2 2012

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Greater Springfield's commercial and industrial market place appears to have begun to experience ......

Butler Realty Group sells 7,708 s/f office building to Caprice Realty: Morash of Abbott Properties co-brokers and Bank of America finances

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Warwick, RI Jeffrey Butler of Butler Realty Group sold a 7,708 s/f office building at 2258 Post Rd. to Caprice ......

Century Investment welcomes four new tenants to two of its properties in West Springfield, Mass.

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

West Springfield, MA This spring Century Investment welcomes 4 new tenants to two of their properties. Century Park, ......

McKinnon of Grossman Cos. leases 1,065 s/f at Kingstown Plaza

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

North Kingstown, RI Curves for Women located in Kingstown Plaza on Post Rd. (Rte. 1A) renewed its lease for 1,065 s/f. ......

Professional Profile: Rich Bartlett of Bartlett Insurance Brokers

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Name: Rich Bartlett
Title: President
Company: Bartlett Insurance Brokers
Location: ......

Governor Chafee to honor Modern Design + Construction on May 11 - 80th anniversary

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Providence, RI Governor Lincoln Chafee will honor Modern Design + Construction (MD+C) with a Gubernatorial ......

Professional Profile: Warren Brown of Boston Commercial Properties, Inc.

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Name: Warren Brown
Title: President
Company: Boston Commercial Properties, Inc.
Location: 275 ......

AIAri's award-winning Canstruction RI sculptures benefit R.I. Community Food Bank: major donors of event include Kasabian Construction, R.I. Associated General Contractors and Taco Inc.

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Providence, RI The generosity of companies and individuals alike made the fourth biennial Canstruction Rhode ......

Professional Profile: Michael Krongel of Mirus Resort Capital

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Name: Michael Krongel
Title: Director
Company: Mirus Resort Capital
Location: Burlington, MA ......

Joseph Properties completes Pawtucket Armory Arts Center renovations: 48,000 s/f armory purchased for $561,000 at auction

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Pawtucket, RI Joseph Properties has completed renovations to the 48,000 s/f Pawtucket Armory Arts Center, 172 ......

Professional Profile: Douglas Macmillan, Macmillan and Son, Inc.

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Name: Douglas Macmillan
Title: President
Company: Macmillan and Son, Inc.
Location: 1537 Main ......

ABC-RI golf tournament-Havey Simms Memorial- July 9 at Alpine County Club

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Cranston, RI The Associated Builders and Contractors-RI Chapter will hole the Fifth Annual Havey Simms Memorial ......

Sea Watch Realty brokers $900,000 sale of mixed-use property in Falmouth

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Falmouth, MA On May 2nd, Sea Watch Realty, Inc. sold a mixed-use building located at 660 North Falmouth Highway. ......

RICSI and RIGBC's wind energy presentation to be held on May 16

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Providence, RI Join RICSI and RIGBC to learn about the Narragansett Bay Commission's (NBC) Wind Energy Project at ......

Sylvia joins Robert Paul Properties as a rental agent

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Osterville, MA Robert Paul Properties has hired Michelle Sylvia as a rental agent, covering all rentals from the ......

Greater R.I. Chapter 88 earns high honors at Chapter Star program

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Providence, RI Institute of Real Estate Management (IREM) Greater Rhode Island Chapter No. 88, one of 93 IREM ......

Auburndale Realty and J&J W. Trust sign 2,500 s/f ground lease

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Franklin, MA Auburndale Realty Co., and J&J W. Central Trust have signed a long-term ground lease for a ......

Tavares of First Realty Management receives ARM designation

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Providence, RI Cecilia Tavares from First Realty Management is the IREM Greater RI Chapter No. 88's newest ......

Freid of Boston Realty Advisors and Nahigian of Auburndale Realty Co. handle lease for Hammond Pond Dental Associates

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Brookline, MA Boston Realty Advisors (BRA) and Auburndale Realty Co., have recently completed two years of lease ......

Attendance at Home Show was up 7% over previous years

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

When was the last time you heard the words, "We've been selling like mad?"
If you spent enough time ......

SIOR N.E. holds new member recruitment night

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Boston, MA SIOR N.E. holds new member recruitment night at Kings. Photo's of attendees shown here....

RIBA Calendar

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

May 11
2012 Power of Place Summit - The Rhode Island Convention Center, Providence. Visit ......

Sotheby's Realty International hosts Open House and Art Showcase during Realtors National Open House Weekend

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Cape Cod, MA Local real estate firm Sotheby's International Realty recently hosted a special public open house ......

Mayor Taveras opens RIBA Home Show

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Providence, RI Providence mayor Angel Taveras cuts the ribbon on the porch of the Model Home to open the 2012 ......

Sullivan & Sullivan Auctioneers to auction 3,300 s/f house on May 22nd

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

HARWICH PORT, MA A breathtaking new oceanfront property will be going under the hammer with Sullivan & Sullivan ......

Rhode Island Builders Assn. president's message: The Home Show was "just awesome!"

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

With all the activity of March and April nearly behind us, it's hard to know where to begin in my ......

RE/MAX of New England's new smart phone app is now available for iPhone

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Natick, MA RE/MAX of New England's new innovative smart phone app is now available. Differentiating itself ......

Winn of Maury People Sotheby's International lists $59 million home on Nantucket

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Nantucket, MA A 69-acre retreat of a little-known manufacturing tycoon has come to market asking $59 million. ......

Cosimi and Whitney hold road completion event for Research Drive at Southgate Business Park

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Leominster, MA Recently, local city and state officials gathered at the "Road Completion Event" at the newly ......

CLS Consulting names Driscoll director of client services focused on different real estate markets

CRE Newswire — Fri, 11 May 2012 00:00:00 -0400

Burlington, MA CLS Consulting, an owner's project management firm, recently appointed Renee Driscoll as their ......