Financial Digest

Larew Doyle & Associates arranges $13.9 million in construction financing for self-storage facility in Peabody

Peabody, MA Larew Doyle & Associates, a commercial real estate capital advisory firm, has arranged $13.9 million in construction financing for a self-storage facility. Located at the high-visibility intersection of Rte. 1 and I-95 – one of the north shore’s most active growth corridors – the six-story

JLL arranges $119.2 million refinancing for class A life sciences property - 500 Forge, Watertown, MA

Watertown, MA JLL Capital Markets announced today it has arranged a $119.15 million refinancing for 500 Forge, a class A life sciences property totaling 158,683 s/f. JLL worked on behalf of the borrower, affiliates of Boylston Properties

Island Housing Trust and Affirmative Investments Inc. secure $31 million for Tackenash Knoll

Oak Bluffs, MA The nonprofit Island Housing Trust and joint-venture partner, Affirmative Investments Inc., have secured $31 million from Rockland Trust for the construction of Tackenash Knoll, a 60-unit affordable housing neighborhood coming in May 2027. “At Rockland Trust, we’re proud

Washington Trust celebrates 225th anniversary as the oldest banking community in the nation

Westerly, RI The Washington Trust Company, the oldest community bank in the nation, marks 225 years of commitment to the businesses and families of Rhode Island and New England. Since opening its doors on August 22, 1800, Washington Trust has grown to become

Bangor Savings Bank hires Marroni as mortgage loan officer

Andover, ME Bangor Savings Bank is expanding their Massachusetts-based mortgage loan office team, welcoming Tom Marroni as a mortgage loan officer. With over 30 years of experience in the banking and mortgage industry, Marroni brings a wealth of expertise

Real Estate Finance Association - 37th Annual Gala

Boston, MA Preparations have begin for the 37th Annual REFA Gala. Sponsorships and tickets are available for the 37th Annual REFA Gala on Thursday, October 17th at the Omni Boston at the Seaport, honoring National Development with the Swain Distinguished Service Award.

REFA invites you to advance your real estate career with Boston University!

Boston, MA Whether you’re an experienced commercial real estate professional or new to the industry, Boston University’s program equips you for greater success.

Atlantic Capital Partners closes $23 million refinance on behalf of Hall Investments - secured by Lowe’s ground-lease

Norwalk, CT Atlantic Capital Partners Debt and Equity Platform has completed the closing of a $23 million refinance on behalf of Hall Investments, secured by a long-term Lowe’s ground-lease located at 100 Connecticut Ave. The refinancing was executed at a fixed interest rate of 5.17%.

Rockland Trust promotes Patten, Gray and Elliott within the business banking group

Hanover, MA Rockland Trust has made three promotions within its business banking group. These changes reflect the team’s continued growth in size and strategic scope.

JLL negotiates $132m financing
for The Viridian, a 342-unit community

Boston, MA JLL?Capital Markets has arranged $132 million in financing for The Viridian, a 342-unit luxury multifamily community with fully leased ground-floor retail in the city’s Fenway neighborhood. JLL worked on behalf of the borrower, The Abbey Group,