A Boston Bankruptcy Court judge just gave the W Hotel and Residences a chance at restructuring instead of giving it over to its largest creditor. Prudential Insurance Co., which loaned $192 million to the development, wanted the whole kit and caboodle (to get what cash it could as quickly as possible in a foreclosure sale). But the judge ruled that the W Hotel and Residences can proceed with a restructuring plan because sales have picked up in recent months. This is about the best-case-scenario the W developers could hope for. A firesale to benefit an insurance company would have been messy.

Ruling staves off foreclosure for W hotel developer (Boston.com)

Based on this new ruling, if you’re interested in viewing or purchasing a Boston luxury condo at the W Residences, please give me a call at 617-720-5454 or 617-595-3712. I’ll provide you with financial incentives to use Ford Realty Inc.

Author Profile

John Ford
John Ford
EXPERIENCE

Over the course of 20 years in the Boston downtown real estate market, John represented and sold numerous, condominiums, investment and development properties in Greater Boston and in the surrounding suburbs



In addition to representing Boston condo buyers and sellers, John is currently one of the most recognized Boston condo blog writers regarding Boston condominiums and residential real estate markets. John's insights and observations about the Boston condo market have been seen in a wide variety of the most established local & national media outlets including; Banker and Tradesman, Boston Magazine The Boston Globe, The Boston Herald and NewsWeek and Fortune magazine, among others.



HISTORY

For over 24 years, John Ford, of Ford Realty Inc., has been actively involved in the real estate industry. He started his career in commercial real estate with a national firm Spaulding & Slye and quickly realized that he had a passion for residential properties. In 1999, John entered the residential real estate market, and in 2000 John Started his own firm Ford Realty Inc. As a broker, his clients have come to love his fun, vivacious, and friendly attitude. He prides himself on bringing honesty and integrity to the entire home buying and selling process. In addition to helping buyers and sellers, he also works with rental clients. Whether you’re looking to purchase a new Boston condo or rent an apartment, you’ll quickly learn why John has a 97% closing rate.

AREAS COVERED

Back Bay

Beacon Hill

Charles River Park

Downtown/Midtown

North End

South End

Seaport District

South Boston

Waterfront

Brookline

Surrounding Communities of Boston
Contact
John Ford and his staff can be reached at 617-595-3712 or 617-720-5454. Please feel free to stop by John's Boston Beacon Hill office located at 137 Charles Street.




John Ford
Ford Realty Inc
137 Charles Street
Boston, Ma 02114

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