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News:
Owners Developers & Managers
Posted: October 4, 2019
FinanceBoston arranges $8.5m in long term fixed-rate financing
Boston, MA FinanceBoston has arranged a $8.5 million senior loan secured by a mixed use property in the city’s South End neighborhood. The brick property was constructed in 1920, and includes period details to go along with below grade parking and excellent frontage on two of the neighborhood’s streets, Appleton and Tremont.
“This closing was completed by arranging highly competitive terms commensurate with the strength of the asset and it’s long-time owner,” said Doug Landry, principal at FinanceBoston. “Now is a great time for any commercial real estate owner to look at locking in historically low long term rates.”
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Quick Hits
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Columns and Thought Leadership
Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan
When it comes to the sale or financing of real property, tenant estoppel certificates are not just formalities – they are crucial documents that confirm the status of existing leases. Tenant estoppel certificates offer prospective buyers and lenders necessary assurance regarding the property’s financials and any
New Quonset pier supports small businesses and economic growth - by Steven J. King
Quonset recently celebrated a milestone nearly 70 years in the making when federal, state, and local leaders joined us for the ribbon cutting of the new Terminal 5 Pier and Blue Economy Support Docks at the Port of Davisville.
Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock
A major shift in Connecticut’s environmental law is on the horizon: the state’s Transfer Act will expire next year, ushering in a new cleanup program with broader applicability and new triggers.
Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson
As the commercial real estate market continues to navigate the disruptive forces of rising vacancy rates and increasing operating costs, landlords are under pressure to find new levers to protect income and strengthen asset performance. Amid these challenges, onsite solar and battery storage – particularly when financed through third-party ownership models – are emerging not just as environmental upgrades, but as powerful financial strategies.