Articles in "CRE Insider, December 2012"
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Towns Mount Opposition To Marijuana Dispensaries (posted 12/30/12 at 3:00am)
Massachusetts is not the first and will likely not be the last state to legalize medical marijuana. The commonwealth is following in the footsteps of California, which legalized medical marijuana in 1996, and Colorado, which followed suit in 2000. The recently passed law is set to go into effect tomorrow here in the Bay State, but it has been a subject of debate for several years, especially since the 2008 decriminalization of marijuana, which reportedly has saved the state millions in law enforcement each year.
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Programming Success At Parcel 24 (posted 12/30/12 at 3:00am)
Eliza Datta is the New Boston Fund’s senior project manager for the firm’s high-profile redevelopment of Parcel 24 in Boston’s Chinatown. A simplified description of her job? Get all the ducks in a row. And if you know commercial real estate development, you know there are a lot of ducks, and they don’t always get along.
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18-Year-Old ‘Foreclosure By Entry’ Upends Condo Ownership (posted 12/30/12 at 3:00am)
Many of us are too familiar with the public spectacle of a real estate foreclosure auction. Following weeks of published notices, an auctioneer appears at the property and displays a red flag, onlookers gather, bidders are qualified, announcements are made, and the bidding proceeds. But not all foreclosures follow this ritual, as a real estate investor learned from a recent Land Court judgment.
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Securities May Ease Tax Burden Of Over-Leveraged Properties (posted 12/30/12 at 3:00am)
Most commercial real estate owners and brokers know about potential 1031 exchange tax savings, but many are unaware of all the available innovative solutions related to 1031.
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Helmets to Hardhats Struggles After Loss of Federal Funding (posted 12/30/12 at 3:00am)
Although their funding has been cut, the crew operating the Helmets to Hardhats program continues its efforts – on a volunteer basis – to find jobs in construction trades for armed forces veterans.
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Cambridge Still Tech King, But Boston Office Markets Beckon (posted 12/28/12 at 3:47pm)
Since 2000, the topography of greater Boston’s commercial tenant landscape has shifted significantly. Back then, corporate campuses were king and rapidly expanding tech companies leased space in 128 Central faster than they could fill it.