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 Issue of March 27, 2006 
   
Lisa M. Campoli


Two Months After Resignation, Campoli Returns to M&G
By Joe Clements
Lisa M. Campoli has returned. Barely two months after abruptly departing from Meredith & Grew Inc., Campoli is rejoining the investment sales team at the venerable Boston-based real estate services firm.



Essex River Parts With Hub Headquarters, Purchases Suburban Portfolio
By Joe Clements
Commercial real estate deals are flowing swiftly these days for Essex River Ventures, with the Boston-based firm agreeing to sell its headquarters on Friend Street to Everest Partners LLC and committing to buy a three-building, 315,000-square-foot suburban portfolio at a price reported to be around $30 million.



Owners of Kimball Court Take Property Off Market
By Joe Clements
The desire for multifamily real estate continues to be white-hot, but at least one such investment opportunity in Greater Boston has gone by the wayside, with the owners of Kimball Court on the Woburn/Burlington line opting to retain control of the sprawling apartment complex after putting it up for sale last autumn.The desire for multifamily real estate continues to be white-hot, but at least one such investment opportunity in Greater Boston has gone by the wayside, with the owners of Kimball Court on the Woburn/Burlington line opting to retain control of the sprawling apartment complex after putting it up for sale last autumn.



Mortgage Banker Group Reworks Member Rules
By Andrea Gregory
The Massachusetts Mortgage Bankers Association has taken steps that will allow the industry trade group more freedom in policing its membership. The new bylaws voted in make it clear the association has the ability to kick members out.



Gorin to Sell Two Assets, Build in Hub
By Joe Clements
H.N. Gorin Inc. is putting two prime commercial properties up for sale, but the Boston-based real estate investment and development company is hardly abandoning its hometown, as evidenced by intentions to construct a new office building in the Hub’s North Station district.



Exotic Loans Cause Concern
By Aglaia Pikounis
Buyers stretching their credit and relying on interest-only and other nontraditional loans to purchase a home could be one of the biggest risks in the real estate market, according to a housing economist who spoke at a recent Realtors conference.



Banks Putting More Emphasis on Cross-Selling of Products
By Andrea Gregory
Sometimes customers need a little reminding of all the financial opportunities available inside bank branches. Providence, R.I.-based Citizens Bank has decided to spell it out.



San Francisco Company to Buy Nine Zero Hotel for $70 Million
By Joe Clements
At $370,000 per room, Kimpton Hotels & Restaurant Group is paying a hefty price to buy Boston’s Nine Zero hotel, but Acquisitions Director Joseph Long insists the opportunity is worth the investment of nearly $70 million.



Study: Lower-Income Families Are Finding It Harder to Own
By Aglaia Pikounis
Despite record numbers of homeowners across the country, a new study shows that lower-income families with children are less likely to own a home than they were in the late 1970s.




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