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5 Weird Property Management Quirks That Get Multifamily Landlords In Trouble

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Commercial real estate investors are rushing to grab up distressed Massachusetts multifamily properties for leasing, but many new landlords can find all sorts of bizarre tenant activities complicate property management.

Unless those buying multifamily apartment buildings in Massachusetts are veteran landlords or employ professional full service property management companies to protect them there are all types of crazy scenarios that may be run into.

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Worcester Area Property Owner Pleads Guilty, Sentenced in Connection with Child Endangerment and Other Charges

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Worcester Area Property Owner Pleads Guilty, Sentenced in Connection with Child Endangerment and Other Charges

Defendant Misled Tenants about Lead Paint

WORCESTER — A Worcester area property owner has pleaded guilty and been sentenced for fraudulently claiming that one of his properties had been de-leaded and endangering the children who lived in the property, Attorney General Martha Coakley announced today.

“This defendant deceived tenants about the presence of lead in his properties, thereby endangering the health of those tenants, including two little girls,” said AG Coakley.  “This case makes clear that a landlord who fails to meet ...

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3 Unforeseen Threats to Bankrupt Landlords Leasing Multi-Family Properties

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Full service property management, Investment property, Real estate, Retail investment, Worcester county, Massachusetts Condominium Act, Property ...</a></p><a class=Continue Reading ?

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Commercial Real Estate Trends in Financing, Construction & Valuation

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As investors roll into 2013 in search of new commercial real estate acquisitions and opportunities it is important to recognize that while the outlook is brighter it is those wired in to the emerging trends which are shaping the market that will ultimately get more of what they want and enjoy better returns.

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Massachusetts Tenancy Laws: Know them or pay the price!

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Full service property management, Investment property, Real estate, Retail investment, Worcester county, Massachusetts Condominium Act, Property ...</a></p><a class=Continue Reading ?

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The Benefits of Using a Property Management Company

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A common challenge that all landlords with multi-family leasing will face is the constant amounts of attention that are associated with their property. This can occur from having to perform continuing maintenance to dealing with non-paying tenants. For a number of property owners, this is challenging, as these issues will hurt their profit margins and it can decrease the value of their real estate. To avoid these kinds of challenges requires working with a full service property management firm. They ...

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Metro West Office Market Still Shaky – Worcester Business Journal

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 Marlborough, Westborough Have Largest Office Vacancies

May Property Management Takes on New Management Assignment

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Office building

71 Lyman Street, Northborough is a 30,000 sq ft office building and flex building. The property is located just off Route 9 on Lyman Street in Northborough. This building was owner occupied until the business was acquired and they moved to a new location.

” We are excited about this project” say Matthew Mayrand, Principal, May Property Management. ” This building needed an efficient manager to ...

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Massachusetts Condominium Association Laws 183a

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Full service property management, Investment property, Real estate, Retail investment, Worcester county, Massachusetts Condominium Act, Property ...</a></p><a class=Continue Reading ?

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Webster Property sold by Matt Mayrand & William D. Kelleher will bring new retail stores to the Webster area

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By Brian Lee TELEGRAM & GAZETTE STAFF

WEBSTER —  Galaxy Development LLC of Auburn purchased a parcel of the Cranston Print Works Co. facility at 2 Worcester Road last Friday for $2.75 million. The development company plans to build a 75,000-square-foot shopping center on the site at Routes 12 and 16 near Interstate 395.

Galaxy Development was represented in the transaction by Mathew J. Mayrand and William D. Kelleher IV, of Kelleher & Sadowsky Associates Inc. 

In September, the Planning Board approved the development plan of 75,000 ...

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