Boston-based Blue Flag Partners has acquired a collection of four guest houses in downtown Nantucket for $25.1 million, with plans to partner with Life House hotel group on the management and restoration of the historic boutique hotel properties. Brokers say the $25.1 million price is the island’s priciest sale so far this year. It’s more […]
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Viewing posts from: Hospitality
Industry leaders share the realistic and profound impact of COVID19 on the hospitality industry. The principle challenge is clear – containment practices including closed borders, travel restrictions and social distancing have left an abrupt and indefinite bearing on demand for hotels. Owners are making difficult decisions and given the circumstances are forced to take proactive […]
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Read More05Apr
Boston Realty Advisors Completes $25.1M Sale of Prized Downtown Nantucket Inns, Retail
HospitalityNANTUCKET—Exclusive broker Boston Realty Advisors dubbed it “absolutely irreplaceable,” and that outlook five years ago has been validated in this week’s $25.1 million trade of a hospitality and retail portfolio taking up an entire downtown block, the four buildings with 60 rentals mixing old-world charm and new construction in the epicenter of all the island retreat offers […]
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Grounded by the collaborative ethos of the independent brand, Boston Realty Advisors promotes BRA Ignite, a series of quarterly events on the company calendar. BRA Ignite endorses synergy and collaboration within the diverse platform taking the form of Philanthropic, Educational, and Social events; the pillars of Boston Realty Advisors. Founding partner, Jason S. Weissman opened […]
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