Viewing posts from: April 2020
30Apr
CRE Deals Are Still Closing. Here’s How Three of Them Got Done During the Pandemic
Downtown Office

By Catherine Carlock  – Real Estate Editor, Boston Business Journal | May 1, 2020 On a mid-April webinar to the Commercial Brokers Association in Boston, office broker David Martel gave a sobering statistic: between 90-95% of active real-estate deals are either on hold or dead amid the coronavirus pandemic. “To say it’s unprecedented is an […]

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28Apr
Tenants Returning to Boston Offices Will Find A Strange New World
Boston Commercial Real Estate

By Dees Stribling | Bisnow | April 27, 2020 Most Boston commercial space is now empty, but the time is approaching when many or most workers return, perhaps in shifts or only a few days a week. Property managers are already trying to sort out the transition, speakers on Bisnow’s health and safety in property management webinar […]

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27Apr
Odds Favor A Diverse Economy Like Boston’s in The Painful Recovery
Capital Markets

By Dees Stribling | Bisnow | April 20, 2020 The future of Boston commercial real estate is facing a barrage of hard questions. A recession is here, but how deep will it be and for how long? How will turmoil reshape the local commercial market, and will recovery be as painful as everyone now fears? […]

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21Apr
Tales from the Field: Selling a Penthouse During a Pandemic
Exclusive

By Manuel Davis | Sr. Vice President at Advisors Living | Inman | April 21, 2020 What’s it like selling a penthouse during a pandemic? One agent shares the process — from penning a soft-launch email to receiving five offers in one day of showings and finally closing the deal. In early March, our clients […]

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07Apr
MAA-Led Venture Buys 55-Unit Back Bay Apartment Building
Capital Markets

By Dees Stribling | Bisnow | April 7, 2020 A joint venture of Multifamily Acquisition Advisors and Serone Asset Management has bought a Back Bay apartment building for $24M, closing on the purchase despite the economic uncertainty caused by the coronavirus. “People are walking away from deals, and we did consider it, since looking at […]

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