Murphy PC Advises Sale of Limited Partnership Interest in 60-Unit Multifamily Property in Western Massachusetts
May 16, 2025-Murphy PC represented a Massachusetts limited partnership in the sale of limited partnership interests in a 60-unit multifamily property in Western Massachusetts to existing limited partners. We negotiated and advised on the limited partnership interest purchase and sale agreement, the assignment of limited partnership interest, compliance with the limited partnership agreement, including right of first refusal procedures, and closing matters.
The partnership is managed by an experienced developer of multi-family, assisted living, and mixed-use properties, with expertise in the acquisition, development, and management of affordable, conventional and mixed-income housing in New England, New York, Virginia, North Carolina, Florida and Maryland.
Murphy PC is a Boston, Massachusetts-based law firm 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.