Shopping Plaza Acquisition Boston Suburb

Murphy PC represented a family-owned real estate company in the acquisition of a shopping plaza located in a Boston suburb. The transaction included advising on title, zoning, environmental and tenant issues, negotiating a lease amendment to accommodate plans to redevelop the property, negotiating loan documents with a life insurance company that provided the acquisition loan, and issuing the owner’s and lender’s title insurance policy with endorsements. David J. Murphy served as lead attorney in the transaction.

News & Insights

Murphy PC Advises on Joint Venture Preferred Equity Investment in a $50M Multifamily Acquisition in Georgia

Murphy PC represented a Boston-based preferred equity investor who partnered with a sponsor in a $50,000,000 acquisition of a 268-unit multifamily property in Georgia. The transaction involved the assumption of a Fannie Mae loan and featured a substantial preferred equity position with a sponsor who...

US Commercial Real Estate Cap Rates Hold Steady in Late 2024

March 2, 2025 | Author:  David J. Murphy According to CBRE’s H2 2024 Cap Rate Survey, commercial real estate cap rates have generally stabilized during the second half of 2024, with variations across different property sectors and strategies. This stabilization comes after a period of...

Tax Benefits for Commercial-to-Residential Conversions Under Massachusetts Affordable Homes Act

February 27, 2025 | Author:  David J. Murphy Overview The Massachusetts Affordable Homes Act, signed into law on August 6, 2024, represents a landmark opportunity for real estate investors and property owners. This legislation creates substantial tax incentives designed to transform underutilized commercial properties into...