Page 6 - New England Condominium March 2019

6 NEW ENGLAND CONDOMINIUM
- MARCH 2019
NEWENGLANDCONDO.COM
Industry Pulse
Industry News
Ed Allcock Named Lawyer of the Year
Edmund A. Allcock, a managing part-
ner in the Braintree, Massachusetts law firm
of Marcus, Errico, Emmer & Brooks, PC
(MEEB) has been named a Lawyer of the Year
by
Massachusetts Lawyers Weekly.
He and 10 other attorneys named to the
prestigious list will be honored on March
6 at a Leaders in the Law reception at the
Renaissance Boston Waterfront Hotel. Others
to be recognized at the event include a number
of in-house leaders from area businesses, hos-
pitals, colleges and other governmental and
non-profit organizations.
Allcock, head of MEEB’s litigation depart-
ment, was named one of the 2018 Lawyers
of the Year for his advocacy in the 2018
Massachusetts Supreme Court decision in the
case of
Cambridge Point Condominium Trust v.
Cambridge Point, LLC, 478 Mass. 697 (2018),
where the Court held that a developer-inserted
anti-litigation provision in the condominium
bylaws was void as against public policy.
He is currently serving as president-elect of
the national Community Association College
of Community Association Lawyers (CCAL)
and will assume presidency in January 2020.
He also serves on the CCAL Law Seminar
Planning committee, of which he is a former
chair, and is currently the co-chair of CCAL’s
amicus committee, which files friend of court
briefs in significant condominium and home-
owner association cases across the country.
He was recently elected to a second term on
the board of directors for the Community
Association Institute’s New England Chapter,
and is President-Elect for the New England
Chapter in 2020.
Barkan Managers Earn PCAM Designation
Three portfolio managers at Barkan
Management Co. have achieved the
Professional
Community
Association
Manager (PCAM) designation from the
Community Associations Institute. Diana
Montalbano and Joshua Levy (based in
Boston) and Sarah Flannigan (based in
Providence, Rhode Island), recently received
this industry recognition, according to a state-
ment from the management firm. This dis-
tinction is the highest professional recognition
in the industry, the company noted. Of the
fact that many of Barkan’s portfolio managers
have met the rigorous standards of the PCAM
training and certification requirements, Bill
DiSchino, President and CEO of Barkan, said:
“We are proud of these employees for their
commitment to bringing the highest level of
professionalism to the condominium commu-
nities they support.”
GBREB Installs Officers
The Greater Boston Real Estate Board
(GBREB) installed its 2019 officers at a January
meeting at WilmerHale. The officers are: Erika
Clark of National Development (Chair);
William Dermody of Berkshire Hathaway
Home Services (Chairman-Elect), Karen
Fish-Will of Peabody Properties (Treasurer);
and Andrew Rosen, Bank of America Merrill
Lynch Assistant Treasurer/Clerk). Division
Presidents are: BOMA Boston, J. Scott
Rickards of Lincoln Properties; Commercial
Brokers Association (CBA), Michael Frisoli
of Newmark Knight Frank; Greater Boston
Association of Realtors (GBAR), James Major
of Century 21 North East; Real Estate Finance
Association (REFA), Travis D’Amato of Walker
& Dunlop; and Rental Housing Association
(RHA), Lauren D. Paton of Brookfield.
Dolben to Manage Regency Collection
The Dolben Company, Inc. of Woburn,
Massachusetts, has assumed management of
Regency Place, Regency West and Regency
Heights, collectively known as The Regency
Collection, the company announced in a press
release. Located in a heavily residential and
apartment dominated sector of Manchester,
New Hampshire, the properties are all 55+
communities.
Regency Place consists of 82 units with
a mix of one- and two-bedroom apartment
homes. Amenities include a fitness center,
hot tub, lap pool, library, game room, under-
ground heated parking, and community cen-
ter. There is also a sundeck overlooking the
Merrimack River for the warmer months of
the year. All kitchens, bathrooms, windows,
sliders, and common area carpet have been
updated within the last five years.
Regency West consists of 60 units with
a mix of one and two-bedroom apartment
homes. Amenities include a fitness center,
hot tub, game room, library, community
room, outside patio and grill area, and under-
ground heated parking. Two years ago, all
units received new kitchens with stainless steel
appliances and ceramic tile baths, kitchens,
and entrance ways.
Regency Heights consists of 48 units with
a mix of one- and two-bedroom apartment
homes. Amenities include a fitness center, hot
tub, game room, library, community room,
outside patio with grills and furniture, and
underground heated parking. At turnover,
units are being upgraded with ceramic tile
floors in the kitchens, baths, and entrance-
ways, as well as stainless steel appliances.
The client, Palmer Asset Management, is an
affiliate of CPM (Construction Planning and
Management); The Regency Collection rep-
resents Dolben’s fifth, sixth, and seventh man-
agement assignments for this client. Thomas
D. Senior Vice President, Management, noted,
“We are delighted to be growing our relation-
ship with Palmer Asset Management, and look
forward to working with ownership to opti-
mize these properties’ performance.”
Law & Legislation
Truro Allows Seasonal Condos to Become
Year-Round Homes
Stone’s Throw Condominiums in Truro,
Massachusetts, recently made local history,
becoming the town’s first condominium asso-
ciation to convert from seasonal to year-round
use.
An amendment to Truro’s zoning bylaws,
relaxing restrictions on the year-round occu-
pancy of multi-unit dwellings was approved
by town meeting voters and town officials.
Prior to the change, units that were part of a
former cottage or cabin colony, motor court,
motel or hotel that had changed to separate-
ly owned single- or multi-family dwellings
could be occupied only from March through
November. The zoning laws did include a pro-
vision allowing one unit to be occupied year-
round by an onsite manager.
Stone’s Throw, a 28-unit condominium,
was built on the site of a former motel. In
October 2018, the association applied for year-
round status. The Cape Cod town currently
has 45 condominium associations, with a total
of about 700 units that could potentially con-
vert under the amended bylaw. The law allows
existing condominiums to be converted to
year-round use as long as the units meet zon-
ing, building, health and safety codes.
Real Estate News
Report: Buyers Can’t Afford Most Homes in
Their Markets
Three out of every four buyers estimate
they can afford fewer than half the homes for-
sale in their markets, according to the quar-
terly Housing Trends Report (HTR).
In the last quarter of 2018, 76% of prospec-
tive home buyers surveyed said they can afford
fewer than half the homes for-sale in their
markets — slightly under the 79% who felt that
way a year earlier, the report said.
At the same time, 23% of buyers felt they
could buy the majority of homes for-sale in
their markets. The affordability numbers were
similar across all age groups, the report said,
with 75% to 78% of buyers in each generation
saying can afford fewer than half the homes
available in their markets.
The Housing Trends Report (HTR) is
a research product created by the National
Association of Home Builders (NAHB) eco-
nomics team with the goal of measuring pro-
spective home buyers’ perceptions about the
availability and affordability of homes for-sale
in their markets.
n
Thursday, March 14, 2019
BOMA: Annual Benefit to Support Bridge
Over Troubled Waters
UMass Club, One Beacon Street, Boston, MA
6:00 p.m. - 9:00 p.m.
Join BOMA Boston to support its charitable
partner and enjoy a festive cocktail soiree
with delicious hors d’oeuvres, live music,
exclusive raffle prizes, and an exciting
fundraiser game for all! Bridge Over
Troubled Waters is Boston’s foremost
agency providing life-changing services for
homeless, runaway, and at-risk youth. For
details, visit www.bomaboston.org.
Saturday, March 16, 2019
CAI-CT: Condo/HOA Conference & Expo
Aqua Turf,
556 Mulberry St., Plantsville, CT
8:30 a.m. – 2:00 p.m.
The Connecticut Chapter of the Community
Associations Institute presents its annual
event with educational seminars, exhibi-
tors, networking, and more. To register, visit
www.caict.org.
Thursday, March 21, 2019
IREM: Wine Dinner and Networking Event
Granite Links Golf Club,
100 Quarry Hills Dr., Quincy, MA
5:30 p.m. – 9:30 p.m.
The Boston Chapter of the Institute of Real
Estate Management presents its annual wine
dinner and networking event. For details,
visit www.iremboston.org.
Thursday - Saturday, March
21-23, 2019
M-100: The Essentials of Community
Association Management
Natick, MA
Thursday and Friday, 8:30 a.m. - 5:30 p.m.;
Saturday, 8:30 a.m. – noon
This comprehensive community association
management course provides a practical
overview for new managers, an essential
review for veteran managers, and an
advanced course for board members. You’ll
receive a 400-page participant guide filled
with dozens of sample forms and time-saving
tips for working with homeowners, vendors,
managers and other professionals. Visit
www.caionline.org.
Friday, March 29, 2019
IREM: Skiing, Family Funday and
Networking
Loon Mountain Ski Resort,
60 Loon Mountain, Lincoln, NH
9:00 am. – 6:00 p.m.
Networking, music, food, along with skiing,
snowboarding and snow shoeing, presented
by the Boston chapter of the Institute of Real
Estate Management. For details,
visit www.iremboston.org.
CAL EN D AR
March
2019
PULSE/CALENDAR