Search
Story results for:
F.W. Madigan Company and Maugel DeStefano Architects to lead design build team for the restoration o...
January 5, 2024
Worcester, MA Construction manager F.W. Madigan Company (Madigan), Inc., in partnership with Maugel DeStefano Architects, will lead a collaborative design-build project for the adaptive reuse of the historic former Worcester
Real Estate Finance Association names 2024 board of directors
January 12, 2024
Boston, MA The Real Estate Finance Association (REFA) has named its Board of Directors for 2024. Ravi Ragnauth, partner, Berkshire Residential Investments, will serve as president, along with president-elect Jill Sharif, VP, national business development, Commonwealth Land Title Insurance Company NCS, and treasurer John Roach, commercial real estate manager, U.S. Bank.
Rockland Trust appoints Wadlinger as regional executive and hires Nusinov as senior vice president
January 12, 2024
Hanover, MA Rockland Trust Company has appointed Joe Wadlinger as senior vice president and commercial regional executive. In this role, Wadlinger will lead the bank’s commercial banking division north of Boston and coordinate overall business efforts across the region.
EagleBridge Capital arranges $6.675 million construction financing for student housing apartment pro...
January 12, 2024
Davis, CA EagleBridge Capital has arranged construction financing in the amount of $6.675 million for a student housing apartment property which will serve the University of California, Davis, on behalf of a Boston-based developer.
Cracking the code: Understanding the pros and cons of Delaware Statutory Trusts for 1031 Exchange re...
January 12, 2024
In the realm of real estate investing, the 1031 exchange Delaware Statutory Trust can provide savvy real estate investors a unique opportunity to achieve passive management, the potential for regular monthly distributions, and a way to enter one of the most tax efficient real estate investment strategies available today.
Carefully curated fortune-telling: Taking a peek at 2024 - by Daniel Calano
January 12, 2024
The official Counselor of Real Estate report on “10 trends to watch for in 2024” will be out shortly, written by economic experts and practitioners. In the meantime, I have my own projections, based upon research, as well as persistent reviews over many years in real estate.
The future looks bright for manufacturing - by William Kane
January 12, 2024
Having been a commercial real estate appraiser for over 40 years, I’ve experienced numerous market corrections and the impacts of various governmental agencies’ changing fiscal and economic policies. For many years, I focused on the valuation of retail real estate, and I can recall delivering a speech to about 400 attendees of a UConn conference explaining the potential impact of the burgeoning online retail market on the existing supply of retail real estate.
Hotspots everywhere: Innovation is forward and backward - by David Kirk
January 12, 2024
The turbulence in the economy, in spite of extraordinary resilience, has dominated the media. Commercial property is an economic derivative, and, accordingly, is impacted by the macro trends. Performance is also property by property, and the bottom line is dependent upon micro trends. Like the weather, climate change, and innovation. All subject to change, and the stewards of the built environment must be nimble, must be quick.
North Easton Savings Bank earns two gold medals
January 12, 2024
Easton, MA North Easton Savings Bank has been recognized in the 16th Annual Banker & Tradesman Readers’ Poll with two gold medals – one for Best Community Bank and one for Best HELOC Provider.
Dedham Savings and South Shore Bank complete merger
January 12, 2024
Dedham, MA 1831 Bancorp, the mutual holding company parent of Dedham Institution for Savings (Dedham Savings), and South Shore Bancorp, the mutual holding company parent of South Shore Bank have jointly completed their merger under the 1831 Bancorp, MHC name, effective January 1, 2024.
Kelly promoted to senior vice president, senior commercial risk officer at MountainOne Bank
January 12, 2024
North Adams, MA MountainOne Bank has promoted Richard Kelly, who has assumed the role of senior vice president, senior commercial risk officer. This newly created position supports MountainOne’s commitment to asset quality while enhancing its loan approval process.
Accelerator Biotechnology Incubator receives $13.6 million in financing from Rockland Trust
January 12, 2024
Natick, MA Accelerator Biotechnology Incubator (ABI) Labs secured $13.6 million in financing from Rockland Trust for a strategic expansion which will provide additional state-of-the-art lab space and resources research to partnering businesses. ABI-Labs supports
.jpeg)
Colliers arranges $16 million refinancing with Brookline Bank
for Tremont Asset Management LLC's...
January 12, 2024
Brookline, MA Colliers arranged the $16 million refinancing of Babcock Place, a newly constructed 45-unit multifamily property in the Coolidge Corner neighborhood of the city. The Colliers team, led by vice president Patrick Boyle, worked with developer Sam Slater of Tremont Asset Management LLC
Local 103 electrical workers donate toys and winter clothes to children, families across Boston
January 12, 2024
Boston, MA Union electrical workers with Local 103 IBEW donated thousands of new toys and articles of winter clothing to children and families across Greater Boston in December, spreading holiday cheer to those in need.
Borus of NAI Glickman Kovago & Jacobs represents buyer in $675,000 building purchase
January 12, 2024
Sterling, MA Twins Realty Holdings has purchased the 3,012 s/f building on 1.03 acres located along 15 Jewett Rd./110 Worcester St. from BAC, LLC. The buyer intends to utilize the property for their lawn service and landscaping business.
City Realty hits 90% leasing milestone at 1515 Hancock St.
January 12, 2024
Quincy, MA According to City Realty Group, 1515 Hancock St., a premier class A office building located in Quincy Center, has reached 90% leased status. This milestone marks a remarkable achievement, considering the property was acquired with an initial occupancy of 45% less than 18 months ago.
Northeast Private Client Group finalizes sale of 12-unit 6 Elm St., a multifamily investment propert...
January 12, 2024
Norwalk, CT Northeast Private Client Group (NEPCG) has completed the sale of 6 Elm St., a multifamily investment property. The sale price was not disclosed. Senior vice president Brad Balletto, and senior associates Rich Edwards and Jeff Wright represented the seller and procured the buyer in the transaction.
Randall, Realtors and Page Taft transition to Compass brand
January 12, 2024
Providence, RI According to Compass, one of the largest residential real estate brokerages in the United States, completed the transition of two brokerages, Randall, Realtors and Page Taft’s, agents to Compass. These firms, known for their commitment to serving Rhode Island and Connecticut shorelines
Bowditch & Dewey’s Smith named Go To Lawyer for Commercial Real Estate by Massachusetts Lawyers We...
January 12, 2024
Worcester, MA Joshua Lee Smith, a partner at Bowditch & Dewey, was named a Go To Lawyer for Commercial Real Estate by Massachusetts Lawyers Weekly. Involved in many of the most high-profile economic development projects in Central Mass. of the past decade, Smith focuses his practice on complex commercial real
CBRE arranges $49.5m sale of 326 Ballardvale to Oliver Street Capital
January 12, 2024
Wilmington, MA CBRE has arranged the $49.5 million sale of 326 Ballardvale St., a 187,589 s/f warehouse/distribution facility to Oliver Street Capital, in partnership with Bain Capital Real Estate.