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Tue, Sep 26
A Compendium of Property & Capital News
Tue
Sep 26
A Compendium of Property & Capital News

Recent RE Transactions

Commercial

BUYER: LMP Properties; mgd. by John Raymond Jr.
SELLER: James P. Nardone and Robert D. Nardone,
PRICE/ADD: $4,500,000; 37 Power Rd., Westford
MTG: $3,000,000 from Machias Savings Bank
NOTES: Industrial property, constructed 1950

BUYER: Fred Starikov and Stephen Whalen
SELLER: JYC Management Inc., mgd by Irwin Young
PRICE/ADD: $4,500,000; 372 Cambridge St., Boston
MTG: $4,400,000 from Northern Bank and Trust
NOTES: Land parcel; lot size is 6,780 sf

MTG: $42,053,000 from Massachusetts Housing Finance
ADD: 1-12 Albemarle St., 7-11 Blackwood St. 144-150 St. Botolph St., Boston
BWR: St. Botolph St Asso., managed by Richard J. Henken

Residential

BUYER: 51 Central Dev LLC, managed by Anthony Leonard Arone and Edward B. Cutting IV
SELLER: Neil Gillis and Paul Gillis
PRICE/ADD: $1,400,000; 51 Central St., Somerville
MTG: $1,580,000 from Bank of Canton
NOTES: Three-family property, constructed 1900 last sold in 2008 for $560,00

{All transaction inside}