Derby, VT Cronheim Mortgage has secured $9 million for the refinancing of two shopping centers: Shaw’s Plaza in Derby, VT and Kohl’s Plaza in Wallingford, CT. Brandon Szwalbenst, Dev Morris, and Andrew Stewart collaborated to secure financing on behalf of National Realty & Development Corp.,
Boston, MA Seven Hills Realty Trust (SEVN) has closed a $45 million first mortgage floating rate bridge loan to finance the acquisition of Club Quarters Hotel, a 178-room hotel located at 161 Devonshire St.
Peabody, MA Rockland Trust has appointed Brian Mason as senior vice president, team leader for the bank’s growing non-profit banking team. In this newly created role, Mason will oversee a division of commercial bankers committed to developing customized financial solutions for non-profit organizations throughout New England.
Providence, RI Washington Trust provided $800,000 in financing to the Rhode Island Hispanic Chamber of Commerce for the purchase of property located at 359 Broad St., to be used as the chamber’s new headquarters.
Holyoke, MA Pyramid Management Group, one of the largest, most innovative, privately-held shopping center developers in the Northeast, has worked with its lender to secure a three-year extension for the loan on Holyoke Mall at Ingleside. This extension will allow Pyramid to continue to reinvest in the property
Concord, MA MassDevelopment has issued a $43.68 million tax-exempt bond on behalf of Middlesex School, an independent secondary school for boarding and day students in grades 9-12. The school will use proceeds to build a new 80,000 s/f field house building featuring multi-purpose practice courts,
Boston, MA JLL’s Capital Markets group announced today that it has completed the sale and financing of an eight-property seniors housing portfolio totaling 1,186 units within four major metropolitan areas in the Mid-Atlantic and Northeast.
Boston, MA The Real Estate Finance Association (REFA) has named its board of directors for 2025: Jill Sharif, vice president-national business development, Commonwealth Land Title Insurance Company – National Commercial Services, will serve as president, along with president-elect John Roach,
Chestnut Hill, MA MassDevelopment has issued a $16.5 million tax-exempt bond on behalf of the Brimmer and May School (Brimmer), an independent day school serving students in pre-kindergarten through grade 12. Brimmer will use proceeds to demolish
Somerset, MA Brady Capital Advisors, LLC (BCA) has arranged and facilitated $29.1 million in acquisition and renovation financing for Shawomet Gardens, a 240-unit residential portfolio located on 12.46 acres at 102 Shawomet Ave.
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