News:
Brokerage
Posted: January 23, 2014
Graf of Houlihan-Parnes arranges refinancing of 51,628 s/f in Unionville
Ed Graf of Houlihan-Parnes Realty Advisors, LLC has arranged the refinancing of Riversedge Plaza, a 51,628 s/f shopping center located at 45 South Main St. The non-recourse $5,418,500 first mortgage is fixed for 5 years at 4% with a 30-year amortization schedule. The loan was done at par and has a 5-year extension option, plus a right to prepay throughout the term on a descending scale.
The center, anchored by a CVS Pharmacy, is located at the intersection of Rte. 4 and Rte. 177 in Hartford County in central Conn.
MORE FROM Brokerage
Sullivan & Sullivan Auctioneers bringing Westborough Office Park to foreclosure auction October 23, 2026 at 12PM
Westborough, MA According to Marianne Sullivan, president of Sullivan & Sullivan Auctioneers, her firm will be bringing Westboro Executive Park to foreclosure auction on Friday, October 23, 2026 at 12PM. The offering consists of three buildings on three separate parcels totaling 244,335 s/f of mixed use space on 14.9 acres in the MetroWest Business Corridor.
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.