TBC News

Latch, Inc., soon to be Door.com, today announced the launch of its property management division, Door Property Management, LLC (DPM), and the acquisition of the property management business of The Broadway Company (TBC). The acquisition enables DPM to collect insights from direct management on a small portfolio of units in the Boston area.

TBC has acquired the Southern Maine MHP portfolio consisting of 138 pad sites, 1 single-family home, and one commercial building in two manufactured housing communities, located in Eliot, Maine and Kittery, Maine.

The Broadway Company (TBC) is pleased to announce our latest acquisition as we continue to roll out a mission based MHP platform in partnership with Moon Street. TBC acquired Killarney Estates in Plainville, Massachusetts on September 30, 2022. 

Boston-based real estate investment firm The Broadway Company has purchased Marlboro Village, a fully occupied 102-pad manufactured housing community in Marlboro, MA.

Boston-based real estate investment firm The Broadway Company has sold 3639-3641 Sainte-Famille, a 51-unit apartment building in the heart of the McGill Student District in Montreal, Quebec, Canada. The sale price was $8.65 million CAD ($6.74 million USD).

Boston Mayor Michelle Wu has proposed a real estate transfer fee which would charge property sellers up to 2 percent on sales over $2 million and earmark the revenue for affordable housing.

We have expanded our real estate holdings into Huntsville, Alabama! TBC is thrilled to have entered the Huntsville, Alabama market with our latest acquisition, Seven Pines Apartment Community.

Proposed Dev Site

The plan is to redevelop a 14,153-square-foot parcel at the corner of West First and C streets with a five-floor, 49,532-square-foot building including a mix of office, life sciences, and research and development uses 24 on-site parking spaces, and an improved public realm.

The Broadway Company, a Boston-based real estate investment platform, and investment partners have completed the purchase of Countryside Terrace, a 54-unit apartment campus in Attleboro, MA. Countryside Terrace is located at 60 Phillips St. in Attleboro, minutes from I-95. 

CONNECT NEW YORK & TRI-STATE | PAUL BUBNY

The Broadway Company (TBC) has acquired Windy Acres, a large manufactured housing community totaling more than 50 pad sites in the Morris County community of Chester, NJ.

Winer brothers, the new operators of Venice Pizza, together with their landlord The Broadway Company, announced today that it will reopen Venice Pizza with the same name, same address, and a completely new menu – calling their offerings, “Handcrafted pizza shop favorites.”

The Jones Flats are a collection of luxury, boutique apartments in the heart of Jones Hill. Visit www.jonesflats.com for more information!

BY JASON WEISSMAN | WEALTH MANAGEMENT

One of the core truths in value investing is the need to understand the risks involved, and that sometimes the risks are far greater than the rewards.

BY JASON WEISSMAN | MULTI-HOUSING NEWS

With the new focus on suburbia, what will come of the urban multifamily investment market? Jason Weissman of Boston Realty Advisors explains.

Grossman Development Group, (GDG) has announced plans to co-redevelop the Gallatin Valley Mall in Bozeman, Montana, bringing the first Whole Foods Market to the Big Sky state.

BOSTON REALTY ADVISORS

Jason S. Weissman, founder and senior partner of Boston Realty Advisors – the leading independently owned, full-service real estate advisory and brokerage firm in Massachusetts – has been accepted into Forbes Real Estate Council, an invitation only community for executives in the real estate industry.

BY JASON WEISSMAN | COMMERCIAL OBSERVER

At the flip of a switch, COVID-19 created a paradigm shift in real estate investment. Pension fund darlings turned ice cold overnight. Risk profiles turned on their heads. The four, classic real estate investment strategies of Core, Core-Plus, Value-Add and Opportunistic are no longer definitive.

Boston Realty Advisors’ Jason Weissman says the future is now, and brokers in both the residential and commercial space need to be ready for it.

BY JASON WEISSMAN | FORBES REAL ESTATE COUNCIL

Real estate as an asset class appears to be heading into the end of a cycle that began with the era of low interest rates a decade ago.

The Broadway Company’s sister firm, Boston Realty Advisors provides a plethora of market research and intel.

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