Real Estate
Harbor View Hotel Owner LLC purchased 131 North Water Street in Edgartown from Scout Harbor View Properties 1 LLC for $30,000,000 on Jan. 12.
Property values increased this year on Martha’s Vineyard, topping $20 billion in total assessed value, according to figures from the six towns and the Massachusetts Department of Revenue.
The historic Edgartown hotel has been sold to Upland Capital Corporation, a Boston-based asset management and real estate investment firm founded by seasonal resident Bernard Chiu.
Leon Hawksley and Susan T. Fleming purchased 144 Tellette street in Oak Bluffs from Paul Bonetti and Sandra Bonetti for $560,000 on Jan. 3.
Edgartown developer Michael Hegarty and Mark Nicotera of Trademark Services LLC submitted proposals to renovate and lease the Yellow House on Main street in Edgartown.
The Martha’s Vineyard Land Bank reported revenues of $43,720.76 for the business week ending on Friday, Dec. 29, 2017.
