News: Owners Developers & Managers

Chozick and Perkoski of Chozick Realty sole brokers in $1.325m sale

Rick Chozick and Ryan Perkoski of Chozick Realty, Inc., have completed the sale of 18-22 Lincoln St., for $1.325 million. This 24 unit building was constructed in 1928 and was renovated within the past three years. In addition to remodeled apartments and common areas, the property has a new roof, windows, decks and parking lot. The property's location and condition provides for a consistent occupancy level at or close to 100%. The unit mix consists of 16 one-bedroom, seven two-bedroom and one three bedroom apartments. Rick Chozick and Ryan Perkoski were the sole brokers. The property was marketed for 30 days, with multiple offers. This is the seventh multifamily property in New Britain brokered by Chozick Realty within the past year, representing 288 units within this community. The seller was Access Properties, Inc. and the buyer was PR&P, LLC.
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Atlantic Property Management expands facilities maintenance platform: Assigned two new facility management contracts in RI

Boston, MA Atlantic Property Management (APM) has expanded its internal facilities maintenance and operations platform and has been assigned two new facility management contracts in Rhode Island. The properties will undergo redevelopment and repositioning
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Columns and Thought Leadership
Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

As the commercial real estate market continues to navigate the disruptive forces of rising vacancy rates and increasing operating costs, landlords are under pressure to find new levers to protect income and strengthen asset performance. Amid these challenges, onsite solar and battery storage – particularly when financed through third-party ownership models – are emerging not just as environmental upgrades, but as powerful financial strategies.
New Quonset pier supports small businesses and economic growth - by Steven J. King

New Quonset pier supports small businesses and economic growth - by Steven J. King

Quonset recently celebrated a milestone nearly 70 years in the making when federal, state, and local leaders joined us for the ribbon cutting of the new Terminal 5 Pier and Blue Economy Support Docks at the Port of Davisville.
Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

When it comes to the sale or financing of real property, tenant estoppel certificates are not just formalities – they are crucial documents that confirm the status of existing leases. Tenant estoppel certificates offer prospective buyers and lenders necessary assurance regarding the property’s financials and any
Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

A major shift in Connecticut’s environmental law is on the horizon: the state’s Transfer Act will expire next year, ushering in a new cleanup program with broader applicability and new triggers.