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News & Insights
Murphy PC Advises on Joint Venture Preferred Equity Investment in Mixed-Use Building in Somerville, Massachusetts
September 30, 2024-Murphy PC represented a preferred equity investor in a joint venture development of a building in Somerville, Massachusetts, containing residential apartment units and a restaurant. The affiliate developer is a full-service real estate company that develops industrial, retail, office and residential properties with...
Murphy PC Advises on Loan Modification of a Mixed-Use Building on Newbury Street, Boston, Massachusetts
September 27, 2024-Murphy PC represented the owner of a building on Newbury Street, Boston, Massachusetts, containing residential and retail tenants with a regional lender, including negotiation of financing documents, and closing matters. Our client is an experienced owner of commercial real estate in the United...
Murphy PC Advises Yoga Studio in Lease Transaction
September 5, 2024-Murphy PC represented the owner of a yoga and fitness studio in the negotiation of a new lease agreement in its existing location in Boston, Massachusetts addressing legal issues, including the landlord’s recent conversion of the building to a condominium, pass-through expenses, repair...
The Right to Relocate Commercial Tenants-A Must for Retail Center Redevelopment
August 27, 2024 | Author: David J. Murphy Developers are increasingly turning older traditional retail centers in suburban areas into new mixed-use properties. According to NAIOP, a commercial real estate development association, there are several trends that present new opportunities for developers to repurpose these...
Murphy PC Advises on Commercial Loan and Preferred Equity for 16-Unit Mixed-Use Condominium Development in East Boston, Massachusetts
August 15, 2024-Murphy PC represented the developer of a 16-unit mixed-use condominium development in a construction loan with a regional lender and in a joint venture agreement with an investor for preferred equity in the project, including negotiation of loan financing documents and joint venture...
Murphy PC Advises on Acquisition and Financing of Mixed-Use Buildings on Newbury Street, Boston, Massachusetts
August 8, 2024-Murphy PC represented the purchaser of two commercial buildings on Newbury Street, Boston, Massachusetts, with restaurant and office tenants. The transaction involved negotiation of all purchase and financing transaction documents, title, zoning and lease due diligence, and closing matters. Our client is an...
Murphy PC Advises on Sale of 40-Acre Land Subdivision Development in Southern Massachusetts
July 12, 2017-Murphy PC represented the owner in the sale of a 40-Acre land subdivision development in Southern, Massachusetts to a local developer. The transaction involved negotiation of all sale transaction documents, addressing permitting issues, negotiation of agreements with lenders in a loan workout transaction,...
Murphy PC Advises The Goddard School in a Franchise Development in Boston, Massachusetts
May 20, 2024-Murphy PC represented a franchisee in the development of The Goddard School franchise in the Charlestown area of Boston, Massachusetts. The transaction involved negotiating the lease, franchisee agreements, lender requirements, and a construction agreement. Our client is an experienced franchisee of The Goddard...
Murphy PC Advises Purchaser In Restaurant Acquisition
May 16, 2024-Murphy PC recently advised the purchaser in acquiring restaurant assets and a liquor license for a new dining concept in Boston’s South End district. Our firm handled all aspects of the transaction, including negotiating and documenting the asset purchase agreement, lease assignment with...
Private Equity Investment in Midcentury, European Inspired Boutique in Massachusetts
Murphy PC represented one of the largest investors in a midcentury, European inspired boutique featuring curated wines, beer, charcuterie and cheese from around the world. We negotiated and drafted an amendment to the shareholder agreement, advised on board control, drag-along rights, restrictions on equity transfers,...