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Brokerage
Posted: May 22, 2014
Gorga and Cunnane of Fantini & Gorga arrange $800,000 refinancing
Fantini & Gorga arranged $800,000 in first mortgage financing for a 7,628 s/f retail center shadow anchored by Stop and Shop in the Milestone Crossing Plaza.
The subject building is currently occupied by a bank branch tenant with additional space being built out for use as a tenant occupied dentist office. John Gorga, principal, and Jason Cunnane, analyst, arranged the refinancing for The Richmond Company, a Massachusetts-based, fully integrated developer, that was funded by a billion dollar plus, New England based regional lender whom Fantini & Gorga is actively helping grow their commercial real estate portfolio.
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Chozick Realty completes $42 million sale of 189-unit Avon Woods Apartments
Avon, CT Chozick Realty - CRXE Group have completed the $42 million sale of Avon Woods Apartments, a 189-unit apartment community. Located on 47 acres, Avon Woods is a desirable apartment complex in the greater Hartford region. Residents have a combination of privacy with grounds, woodlands, walking trails and frontage on the Farmington River as well as being well located at the junction of Rtes. 10 and 44 with access to all of the town and the surrounding communities throughout the Farmington Valley, West Hartford and Hartford.
Columns and Thought Leadership
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.
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.