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Wallace Property Company completes renovation of 48-unit building Wallace Property Company, which owns, develops and manages commercial and residential real estate in New England, is nearing the completion of a three-story, 48-unit brick building renovation. Wallace Property acquired the property from the Mayo Group in June 2013 for a purchase price of $5.34 million, and immediately began upgrading the property by renovating kitchens and bathrooms in many of the units. The property is located at 5-15 Victory Rd. Robert Wallace, president of

Wallace Capital, LLC arranges a $1.65 million acquisition bridge loan for a 20-acre site to 2001 Washington Street, LLC Wallace Capital, LLC, which manages a portfolio of short-term real estate loans and investments in various real estate ventures, recently provided a $1.65 million acquisition bridge loan for a 20-acre site to 2001 Washington Street, LLC. “We are pleased to provide this loan to a developer who has had many successful development projects in the Metro Boston area,” said Robert Wallace, president of