Financial Digest

MassHousing secures $44.6 million in financing through its CommonWealth Builder Program

Boston, MA MassHousing has secured $44.6 million in financing through its CommonWealth Builder Program for six new homeownership development projects. These projects will create 220 new affordable homes for first-time, moderate-income homebuyers

Rockland Trust Charitable Foundation grants
$75,000 to More Than Words

Waltham, MA Rockland Trust Charitable Foundation has presented a $75,000 grant to More Than Words (MTW). MTW is a social enterprise that empowers young adults ages 16-24 who are court-involved, in the foster care system, out-of-school, or experiencing homelessness to take charge of their lives.

Marcus & Millichap Capital Corp. arranges
$5.02 million in financing for The Grant St. Complex

Framingham, MA Marcus & Millichap Capital Corporation (MMCC) has arranged $5.02 million in acquisition financing for The Grant St. Complex, a multifamily property. Located at 115-133 Grant St., the complex consists of 26 one-, two-, and three-bedroom units

Real Estate Finance Association closes out the year with quality programming

Boston, MA On Tuesday, October 10th, the Real Estate Finance Association (REFA) held a One Congress Walking Tour & Networking Reception. The member-wide property tour provided exclusive access to a tenant’s space. Tom O’Brien, managing partner, chief executive officer, HYM and Ryan Quick, vice president

Walker & Dunlop Capital Markets places $22.58 million in loans for two properties including a shopping center and an industrial facility

Windsor Locks, CT Walker & Dunlop completed two financing deals including a shopping center and an industrial facility. Specifics on the two deals are below: Ella Grasso, located at 295 Ella Grasso Tpke. in Windsor Locks, received $14.46 million in loan proceeds to facilitate the $17.75 million total acquisition purchase.

Worth Avenue Capital, LLC closes $3.25 million commercial loan

strong>Warwick, RI Worth Avenue Capital, LLC has closed a $3.25 million commercial loan to a Massachusetts-based real estate developer/investor. The loan proceeds were used by the sponsor to purchase a strategically positioned real estate parcel near the TF Green Airport

The Boulos Co. reps. The Yilmaz Family, LLC in purchase of KeyBank branch

Freeport, ME The Yilmaz Family, LLC purchased the former KeyBank branch at 135 Main Street for an undisclosed amount. The buyer noted the size of the 4,590  s/f building and its prime location as having good potential for a retail tenant.

Another reason to stay debt free in a 1031 Delaware Statutory Trust exchange - by Dwight Kay

It seems like every day there is another reason showcasing the reason why more and more investors are choosing to stay debt-free when investing in Delaware Statutory Trust (DST) properties in a 1031 exchange.

JLL Capital Markets arranges $75 million credit facility for Sendero Capital and Angelo Gordon

Boston, MA JLL Capital Markets has arranged a $75 million credit facility on behalf of a joint venture between Sendero Capital and Angelo Gordon that was formed to target the medical property sector.

Washington Trust promotes Lyons to senior vice president and team leader of commercial real estate division

Westerly, RI According to Washington Trust, Bethany Lyons was promoted to senior vice president and team leader of its commercial real estate division. She is responsible for managing the lending and sales activities, including deal sourcing, structuring, and portfolio management,