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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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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.
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