Back Bay Restaurant completes $40m financing with GE Capital Solutions

Back Bay Restaurant Group completed a deal with GE Capital Solutions, a franchise finance totaling $40 million. The financing continues their relationship with a $25 million term loan to refinance existing debt and a $15 million revolver to fund new construction and renovation. The loan helps Back Bay Restaurant Group grow and provide its customers more restaurants.

Tags: Brokerage Retail

Reprint

Previous Story Next Story

Horvath & Tremblay sells Trader Joe’s in Shelton for $7,882,639

Shelton, CT Bob Horvath, Todd Tremblay, Matt Nadler and Jack Laurendeau of Horvath & Tremblay have completed the sale of Trader Joe’s. Horvath & Tremblay exclusively represented the seller and brought the buyer to complete the transaction at a sale price of $7,882,639 which represents a 4.95% Cap Rate.

Rohrer and Scanlon of Colliers sell 140 Queen City Ave. - $7.5 million to RIO Holdings NH

Rohrer and Scanlon of Colliers sell 140 Queen City Ave. - $7.5m to RIO Holdings NH

Robinson and Norwood of NAI Norwood Group sell 21,780 s/f industrial for $1.445 million

Robinson and Norwood of NAI Norwood Group sell 21,780 s/f ind’l. for $1.445m

Russell and Nolan of Pearce close deal on 30,000 s/f industrial building

Pearce closes deal on 30,000 s/f industrial building

O,R&L Commercial brokers $4.05 million sale of The Preserve at Shuttle Meadow

O,R&L Commercial brokers $4.05m sale of The Preserve at Shuttle Meadow

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Construction Design & Engineering

Project of the Month: HDS Architecture and Callahan Construction Managers complete The Devon at Weiss Farm for John M. Corcoran & Co.

Columns and Thought Leadership

End of the year retail thoughts - by Carol Todreas

Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.

The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde

This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.