News & Insights
Murphy PC Advises Borrower in Financing of Mixed-Use Property Featuring Historic Restaurant and Luxury Residences
December 10, 2025-Murphy PC represented a borrower limited liability company in connection with the refinancing of a mixed-use property located in Nantucket, Massachusetts. The property, which includes a restaurant and luxury residences, is occupied by a master lease tenant whose subtenant operates a historic restaurant...
Murphy PC Advises Borrower in Commercial Property Refinancing in Nantucket, Massachusetts
December 10, 2025-Murphy PC represented a borrower limited liability company, an affiliate of a real estate investor managed by the investor’s family office, in connection with the refinancing of a commercial property located in Nantucket, Massachusetts. The retail property is leased to a national residential...
Why Capital Partners Need SPE Covenants in the Operating Agreement
November 28, 2025 | Author: David J. Murphy Special purpose entity covenants occupy an awkward place in real estate joint venture documentation. The covenants themselves typically appear in the loan documents, where they protect the lender’s interest in maintaining a bankruptcy-remote borrower. But the party...
Murphy PC Advises on Joint Venture Preferred Equity Investment in a 50-Unit New Construction Apartment Building Project
October 24, 2025-Murphy PC represented a Boston-based preferred equity investor who partnered with a sponsor in an acquisition of a permitted property in Somerville, Massachusetts to construct and lease a 50-unit apartment building. We negotiated and advised on the joint venture operating agreement for the...
Murphy PC Represents Client in South End Acquisition for Boutique Hotel Use
October 3, 2025-Murphy PC represented a Boston-based real estate development company in the acquisition of a property to convert to a boutique hotel in the South End neighborhood of Boston, Massachusetts. The transaction encompassed comprehensive negotiation of a joint venture agreement, purchase and financing agreements,...
Murphy PC Represents Purchaser of Newton Centre Distinctive Commercial Building Purchase
September 19, 2025-Murphy PC represented the purchaser in acquiring a distinctive five-story commercial building consisting of 34,000 square feet of office and retail space in a converted neo-Romanesque church building in Newton Centre area of Newton, Massachusetts. Our attorneys conducted comprehensive due diligence, including title...
Murphy PC Advises on Joint Venture Preferred Equity Investment in a 55-Unit New Construction Apartment Building Project
September 18, 2025-Murphy PC represented a Boston-based preferred equity investor who partnered with a sponsor in an acquisition of property in Cambridge, Massachusetts to permit, construct and lease a 55-unit apartment building. We negotiated and advised on the joint venture operating agreement for the project...
Fed Cuts Rates by Quarter Point as Commercial Real Estate Sees Path to Recovery
September 18, 2025 | Author: David J. Murphy The Federal Reserve lowered interest rates by 0.25 percentage points on Wednesday. The federal funds rate now sits at 4% to 4.25%. This marks the Fed’s first rate adjustment since December. Stephen Miran, the Fed’s newest governor,...
Commercial Real Estate Sentiment Rises to 67 as Market Stabilizes
September 8, 2025 | Author: David J. Murphy Commercial real estate executives reported increased confidence in the third quarter of 2025, with The Real Estate Roundtable’s sentiment index climbing to 67 from 54 in the previous quarter, according to the organization’s Q3 2025 sentiment survey....
Federal Reserve Policy and Commercial Real Estate Market
September 1, 2025 | Author: David J. Murphy The Federal Reserve’s July 29-30, 2025 meeting minutes reveal a central bank navigating the stages of its inflation fight while monitoring emerging economic weakness. The Federal Open Market Committee (FOMC) maintains the federal funds rate at 4.25-4.50...