Financial Digest

Washington Trust provides $11m in financing to Track 15 Operating, LLC: for Track 15, an 18,000 s/f food hall

Providence, RI Washington Trust’s Commercial Banking Group recently provided $11 million in financing to Track 15 Operating, LLC for construction and equipment financing for Track 15, an 18,000 s/f food hall located in the former Union Station, One Union Station.

MassDevelopment has issued a $45.22 million tax-exempt bond on behalf of 127 Amory Street, LLC

Boston, MA MassDevelopment has issued a $45.22 million tax-exempt bond on behalf of 127 Amory Street, LLC, an affiliate of The Community Builders, Inc., which will use proceeds to build a six-story, 96-unit affordable multifamily housing development at 127 Amory St. in the city’s

BHA and WinnCos. secure financing to start $62m redevelopment of Mary Ellen McCormack complex

South Boston, MA WinnCompanies and the Boston Housing Authority (BHA) have closed on financing for the construction of a new $62 million apartment building and $8 million in major infrastructure work for the redevelopment of the Mary Ellen McCormack public housing complex

Rockland Trust provides $23.15 million in financing
for River Lofts at Cable Mills development

Williamstown, MA Rockland Trust has provided $23.15 million in financing to 250 Water Street LLC, sponsored by Mitchell Properties and led by Causeway Development, for the construction of River Lofts - the third phase of the Cable Mills development. This new residential community will feature 54 mixed-income rental units,

Gray, Gray, & Gray ranked among top Massachusetts accounting firms

Canton, MA Gray, Gray & Gray, LLP, an accounting and business consulting firm, has been ranked as the 18th largest accounting firm in Massachusetts by the Boston Business Journal. The publication’s annual rankings are based on the size of the firm’s professional staff

Mentorship, market trends, and meaningful engagement at the Real Estate Finance Association

Boston, MA The Real Estate Finance Association (REFA) has officially kicked off its 10th Annual Mentor Program, setting a new record with 66 mentor-mentee pairs. This yearlong initiative connects Emerging Leader Members with senior professionals, fostering mentorship, career development, and industry connections.

DH Property Holdings secures
$19m for 85,000 s/f industrial site

Chelmsford, MA DH Property Holdings secured $19 million in financing for 85,000 s/f urban infill industrial site at 270 Billerica Rd. The company’s founder and principal Dov Hertz said this type of small infill industrial space has become much needed in the Greater Boston region

Newmark arranges $133 million refinancing
of The Link, Stamford, CT

Stamford, CT Newmark, on behalf of A.M. Property Corp. and Northeast Capital Group, has arranged a $133 million loan to refinance 200 Elm St. (The Link), a class A office complex located in downtown. The financing was secured by Newmark and led by co-head of global debt &

Atlantic Capital Partners secures $22.22 million loan for 85,134 s/f Braintree Marketplace on behalf of Waterstone Properties Group

Braintree, MA Atlantic Capital Partner’s Debt, Equity, and Structured Finance team has arranged $22.22 million in acquisition financing for Braintree Marketplace on behalf of Waterstone Properties Group.

Greystone provides $33 million bridge loan for Conn. skilled nursing facility

Hartford, CT Greystone, a leading national commercial real estate finance company, has provided a $33 million bridge loan to refinance a skilled nursing facility in Connecticut. The financing was originated by Fred Levine, managing director at Greystone