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 review, zoning analysis, and lease examination, negotiated the term sheet and loan documents with a regional lender, drafted the operating agreement for the sponsor and investors, and handled closing matters.  Our client is a family real estate investment company with a diversified portfolio.

Murphy PC is a Boston-based law firm representing owners, sponsors, and investors in privately owned commercial real estate and business transactions. Our expertise includes joint ventures, development, acquisition, management, finance, and sales across diverse commercial and residential sectors, including mixed-use, multifamily, and hospitality properties. We advise clients on structuring deals that create lasting value for both investors and communities.

News & Insights

The Real Estate Cycle: Where We Are and What It Means

February 21, 2026 | Author:  David J. Murphy The Four Phases Commercial real estate moves through four generally recognized phases: recovery, expansion, hypersupply, and recession. JPMorgan Chase provides a useful overview of this framework (jpmorgan.com). During recovery, occupancy improves from its low point, but new...

Commercial Real Estate Sentiment Steady in Q1 2026 as Debt Availability Improves

February 20, 2026 | Author:  David J. Murphy The Real Estate Roundtable released its Q1 2026 Sentiment Index on February 20 (full report at rer.org). The overall index registered 66, down one point from the prior quarter. Senior CRE executives describe a market in the...

Preferred Equity Investment in a 188-Unit Multifamily Acquisition in Covington, Georgia

February 18, 2026-Murphy PC represented a Boston-based preferred equity investor who partnered with a sponsor in the acquisition of a 188-unit apartment community on 16.78 acres in Covington, Georgia. The transaction included the assignment and assumption of an existing Fannie Mae loan. Murphy PC negotiated...