New England Real Estate Journal Network:
New York Digital Edition Twitter Facebook LinkedIn YouTube RSS

Financial Digest - May 24th 2013

EagleBridge Capital arranges $10.075 million mortgage for One United Drive
EagleBridge Capital, working exclusively on behalf of its client, has arranged permanent mortgage financing in the amount of $10.075 million for One United Dr. The ...

NorthMarq places $59 million mortgage for Condyne Industrial Portfolio
James Murphy, managing director of NorthMarq's Boston regional office, arranged acquisition and mezz financing of $59 million for the Condyne Industrial Portfolio located throughout the ...

The Massachusetts Housing Finance Agency closes $26.5 million loan for 236-unit Sherwood Village
The Massachusetts Housing Finance Agency (MassHousing) has closed a loan for $26.5 million to preserve affordability for senior citizens at the 236-unit Sherwood Village apartment ...

Dorfman Capital completes tax credit financing for Voke Lofts
According to Bob Dorfman, president of Dorfman Capital, the company has completed the acquisition and tax credit financing of the former Worcester Vocational Technical School ...

Coulombe and O'Donnell of Fantini & Gorga place $5.6 million
Fantini & Gorga has arranged a $5.6 million in permanent financing for the acquisition of a 21-unit apartment building located in the North End neighborhood ...

Reduce taxes and increase wealth with like kind exchanges
Real estate investors and business owners that purchase and sell assets may elect to not pay income taxes on the sale of assets under Section ...

Hire the right appraiser with the knowledge and experience for the right job
It sounds so simple and intuitive: hire the right person with the knowledge and experience for the assignment and the job should be done to ...

Cartitas Communities provides financing housing for United States Veterans
The number of homeless veterans in Massachusetts has declined significantly in 2010 and 2011. Approximately 1,200 homeless veterans represent almost 20% of all Massachusetts' homeless ...

Sykes of Beech Street Capital, LLC closes $9.5 million loan for Marion Square
Beech Street Capital, LLC closed a $9.5 million FHA 223(f) loan to refinance Marion Sq., a 44-unit multifamily complex. Nordblom Company, the borrower has long ...

ReadyCap Commercial, LLC hires Jasie as vice president of commercial real estate lending
ReadyCap Commercial, LLC, a new non-bank direct portfolio lender offering commercial financing up to $10 million in major markets nationwide, has hired Sean Jasie as ...

Preserving the deal: Protections for investments in real estate
The real estate market is regaining its footing after a difficult five year span, and with that confidence comes a new wave of investors and ...

Mortgage satisfaction conundrum: What is in the future? Part 3
Part 2 appeared in the April 12th edition of NEREJ. Almost every year a new set of laws is being proposed and, in some cases, passed ...

Cornerstone Realty Capital arranges $1.5 million in acquisition financing
Cornerstone Realty Capital arranged a total of $1,507,500 in financing for its client allowing for the acquisition of a 10 unit, mixed-use building with two ...

Colliers International secures financing for National Development's Ink Block project
According to Colliers International's Kevin Phelan and Stephen Horan, the company has placed equity and debt financing for Ink Block, National Development's most recent venture ...

REFA spring and summer programs and events
The Real Estate Finance Association (REFA) has many great programs lined up for the rest of spring and heading into the summer. REFA Fundamentals of ...