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News:
Owners Developers & Managers
Posted: February 4, 2009
DBBM arranges $51m in Freddie Mac refinancing for 493-unit apt. property
Deutsche Bank Berkshire Mortgage (DBBM) provided a $51 million Freddie Mac loan for the refinancing of Fairfield Crossing, a 493-unit garden-style apartment community. The financing was structured to be a seven-year interest-only loan and was funded to 59% of value. The property was built in 1966 and renovated in 1991.
MORE FROM Owners Developers & Managers
Land Rover Fairfield leases 6,000 s/f Fairfield industrial property
Fairfield, CT Land Rover Fairfield has leased the industrial property at 55 Webster St. The 6,000 s/f facility is designed to enhance the client delivery experience and accelerate online inventory merchandising. The expansion establishes a benchmark for vehicle reconditioning and digital retail in the region. The lease term is a multiyear with options to renew.
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Columns and Thought Leadership
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala
Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul
Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated
Revitalized Town Centers: Retail??? - by Carol Todreas
It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and
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