Word: hunneman
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Harvard, in fact, is always buying and selling property. "Land is the only thing that matters," says John Rumley of Hunneman Realty Corporation, which manages most of Harvard's real estate. For the past three years, however. Harvard has been following the acquisition boundaries set forth in the Harvard Long-Range Development Plans. The current plans were proposed in 1975; and Hill says that Harvard has not bought any property outside the boundaries they prescribed. He adds, though, that the plan will be reviewed again in 1980, as long-range plans are not good forever...
According to Peter Mead, a vice-president of Hunneman and Company, the firm that manages Harvard's real estate in the Boston area, Land-Vest got in touch with Hunneman after seeing an article about the Putnam estate in the Vineyard Gazette. "A few other developers showed an interest, but when they found out about that insidious Kennedy bill they backed off," Mead says. "We offered the property to some bigger Boston developers, but they weren't interested...
...Hunneman & Co., Inc., the real estate firm that manages Harvard property, suggested Land-Vest to the University as a potential buyer, according to Land-Vest President Richard F. Perkins. An executive vice president of Hunneman, John W. Kunhardt '51--who died in July--also served on the Land-Vest board of directors, but Perkins denied that Kunhardt's position constituted a conflict of interest in the transaction...
...chosen the Hunneman Corporation to assume management of the housing development once it is occupied. John Sharratt Associates, Inc. will be the architect for the development, with Samuel Glaser and Partners as associate architect...
Property management. Harvard is dropping its long-standing property management relationship with Hunneman and Co., Inc., and transfering the duties to the Buildings and Grounds Department and the Real Estate Office. The centralization move, designed to save management fees, ends the "buffer zone" between the University and its tenants