Cambridge, MA CBRE has arranged the $103 million sale of Flats on First, a 136-unit brand new Class-A apartment community situated in the First St. Corridor. CBRE Capital Markets’ multi-housing experts Simon Butler, Biria St. John and John McLaughlin
Quincy, MA J. Calnan and Associates (JC&A) one of the largest merit shop construction managers in the Northeast, was honored by a group of staff Veterans in recognition for the
Boston, MA ACE Mentor Program of Greater Boston, the free after-school program run by award-winning design and construction professionals with the goal of encouraging high school students to pursue careers in the architecture, construction and engineering industries, announced today the 8th annual ACE Networking Event will occur on Thursday, June 9
Palm City, FL Cronheim Mortgage has arranged $15.1 million in permanent financing for two retail properties. The 10-year financing amortizes over 30 years. Allison Villamagna, Dev Morris, David Poncia, and Andrew Stewart represented the borrower. The two properties total 109,188 square feet.
Wilmington, OH Cleeman Realty Group brokered the off-market sale of Wilmington Plaza. The 198,085 s/f shopping center is anchored by a s Kroger grocery store and was 83% occupied at the time of closing. The property is on a 24.06-acre site off Rombach Ave.
Quincy, MA Margarita Kvacheva, CEO of LBC Boston, a diverse group of companies successfully managing real estate and business ventures, announced today she has raised over $56,000 for Sunflower of Peace to support Ukrainian citizens
We're now accepting nominations and reservations for our annual "Ones to Watch" (OTW) spotlight! Being published in our June 10th issue, NEREJ will once again be recognizing the "Stand Out" professionals from New England's commercial real estate industry.
Jamestown, RI Hogan Associates sold 30 Battery Ln., a Colonial with guest house. The property sold for $2.525 million. Gordon King of Hogan Assocs. represented the buyer, and Dianne Grippi
Bristol, RI Roger Williams University (RWU) publicizes its $20 million partnership with Cummings Foundation. In recognition of this philanthropic partnership between RWU and Cummings Foundation – the largest in Roger Williams’ history
The Rhode Island Ready (RI Ready) program is off to a strong start, which is good news for the state’s economy. The first four Rhode Island industrial sites were approved for enrollment in the program by the Quonset Development Corp.’s (QDC) board of directors
Baltimore, MD Sagamore Ventures and the Urban Investment Group within Goldman Sachs Asset Management (Goldman Sachs) said that an addition to the development and investment team for Port Covington that brings together two of the leading woman-owned
In the 175 years since William Winslow first began bringing steamboat passengers to enjoy dinner and on-site amusements, Warwick’s beautiful oceanside Rocky Point Park has been the place for any number of unique events – Rutherford B. Hayes made the first
Little Compton, RI Lila Delman Compass brokered two sales. ‘Wildflowers’, 301 West Main Rd., sold for $4.25 million and 696 K West Main Rd. sold for $4.1 million. Deborah Ladd, Lila Delman Compass associate broker, represented the seller of 301 West Main
The Real Estate Finance Association (REFA) hosted its first in-person education program since 2020 on Thursday, April 28th at Atlantic Wharf, 290 Congress St. on Institutional Mindset:
Boston, MA Eastern Bank has added Charles D. Sheehy, Inc. (Sheehy) as a new commercial banking customer. Founded in 1951, Sheehy is a fourth-generation, privately-owned supplier of pipes, valves, fittings and mechanical products serving
Thompson, CT Worth Avenue Capital, LLC (WAC) closed a $500,000 bridge loan to a Connecticut-based real estate developer for the purpose of purchasing 152 acres of mixed use land. Upon completing the purchase of the property
Quincy, MA Colliers Capital Markets has arranged $128.7 million in construction financing for Ashlar Park, a 465-unit, class A, transit-oriented multifamily community currently under construction at the site of the former Quincy Medical Center.
The FOMC announces a 0.5% increase on rates to 0.75%-1% for a soft landing. More job offerings than job seekers and wage gains should persist. Lending should increase the rate in borrowings, easing expansion, fueling inflationary pressures
Recently, I have had an “opportunity” to invest a small amount of money in real estate “disruptive technology.” Specifically, it was a startup in residential “I-Buying,” the nickname for instant buying.
I recently sponsored a young woman who wanted to be an appraiser trainee. She found me, she knew she wanted to be an appraiser, she had already taken all her classes, and she needed a mentor.