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News:
Owners Developers & Managers
Posted: March 4, 2009
Potomac closes $7.3m Fannie Mae perm. loan
Potomac Realty Capital, LLC arranged a $7.3 million permanent loan for a 202-unit apartment complex. After completing an extensive renovation program designed to increase curb appeal, the owner/operator sought to retire their existing bridge loan, provided by Potomac 12 months ago, with permanent financing. The Fannie Mae structure carried a rate of 6.41%.
MORE FROM Owners Developers & Managers
Heritage Properties celebrates preleasing of The Emery in Lowell
Lowell, MA According to Heritage Properties, The Emery – its newest multifamily community in downtown – is officially open for preleasing. Located at 218 Middlesex St., The Emery is at the corner of Middlesex and Pearl Sts. in the city’s JAM (Jackson/Appleton/Middlesex) urban renewal neighborhood zone.
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Quick Hits
Columns and Thought Leadership
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
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
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
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch
On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,