Financial Digest

Much agreement on: Top ten issues in real estate - by Daniel Calano

What are the top ten issues affecting real estate? Last month, the Counselors of Real Estate (CRE) provided its annual list of their issues along with their nationally collected thoughts. They nicely divided the issues between five that are current

MassHousing closes on $17.6m in financing for the Close Building

Cambridge, MA MassHousing has closed on $17.6 million in financing to Just-A-Start Corp. for the renovation and preservation of affordabilit...

Citizens’ Community Dev. Group provides a $32.5m construction loan

Mansfield, MA Citizens Bank’s Community Development Group has provided a $32.5 million construction loan to MCFA Chocolate Factory LP,...

Real Estate Finance Association 2018 Gala and Fall Conference

Boston, MA On July 23, the Real Estate Finance Association (REFA) hosted its 15th Annual Charitable Golf & Tennis Tournament at Dedham C...

AmeriCann closes on $3.819m equity financing for construction of MMCC

Freetown, MA AmeriCann, Inc., an agricultural-technology company that is developing the next generation greenhouse cannabis cultivation and ...

Worth Avenue Capital closes $100,000 commercial loan

Boston, MA Worth Avenue Capital, LLC (WAC) closed a $100,000 commercial loan to a Massachusetts based LLC. This loan was funded as a follow ...

Cornerstone Realty Capital arranges $58 million for a 269-unit Quarry Hills - a 100% market-rate apartment community

Quincy, MA Cornerstone Realty Capital arranged $58 million in financing for the construction of Quarry Hills, a 269-unit 100% market-rate ap...

Coulombe and Feig of Fantini & Gorga arrange $2.8 million financing for a 36,660 s/f flex/industrial property

Shrewsbury, MA Boston-based Fantini & Gorga arranged $2.8 million in first mortgage financing for a 36,660 s/f, flex/industrial property...

First exposure draft of proposed USPAP changes to reporting requirements - by Bill Pastuszek

The Appraisal Standards Board has issued the first exposure draft of proposed USPAP changes for the 2020-21 Edition of the Uniform Standards of Professional Appraisal Practice (USPAP). Sorry, this is important: don’t stop reading.

Marcone of Marcone Capital, Inc. arranges $48 million in financing

Mike Marcone of Marcone Capital, Inc. has arranged the financing of two office/retail buildings comprising a total of 138,565 s/f located at 3 Post Office Sq. and 24 Federal St.