BRA Hospitality Brokerage Group Finds Buyer of Charles Street Property October 19, 2023 – By Tom Palmer Boston Realty Advisors, the largest independent real estate brokerage in Massachusetts, represented the buyer of the recently and beautifully renovated Whitney Hotel on Charles Street in Beacon Hill in an off-market sale for $57 million. The sale of […]
Read MoreInsights
Viewing posts from: Hospitality
Latest in BRA’s Sales of Unique Boutique Hotels, Resorts and Inns July 13, 2022 – By Tom Palmer BOSTON – Boston Realty Advisors, the largest Boston-based independent real estate brokerage, has represented owners or buyers in the sales of two more boutique hotel properties, the Chatham Highlander Inn and the Chatham Seafarer Inn. The luxury […]
Read More
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? […]
Read More
How should I approach value today? Property valuations of non-hospitality related asset classes are down approximately 5% – 10% with many investors requiring a ‘credit’ guarantee on all rents for new acquisitions. We are also starting to see a systemic shift in underwriting, with a drastically more conservative outlook on vacancy, future rent projections, and […]
Read More
By Catherine Carlock – Real Estate Editor, Boston Business Journal | Jan 31, 2020 An affiliate Boston-based The Davis Cos. has acquired 77-81 Park Drive, a 55-unit apartment complex in Boston’s Fenway neighborhood, for a combined $28.5 million, or $518,000 per unit. The two-building complex includes 23 parking spaces. It’s immediately adjacent to the Back Bay Fens across […]
Read More