Murphy PC Advises on Joint Venture Preferred Equity Investment in a $50M Residential Condominium Development in Boston, Massachusetts

January 10, 2025-Murphy PC represented a preferred equity investor in a joint venture to complete construction of a $50M residential condominium development in Boston, Massachusetts.  The transaction included negotiation of a joint venture agreement and various collateral agreements with the sponsor and its affiliates.  The sponsor develops and constructs residential projects in Boston, Somerville, Cambridge, and Nantucket Massachusetts.   Our client manages a fund providing preferred equity financing to real estate developers.

Murphy PC is a law firm based in Boston, Massachusetts providing legal services to developers, investors, and lenders in real estate and business transactions, including joint ventures, project development, acquisitions and sales, construction contracts, financing, leasing, and title insurance in residential, mixed-use, condominium, multi-family, office, retail, education, industrial, hotel, retail and restaurant transactions.

 

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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,...
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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...
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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...
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