Financial Digest

KeyBank Real Estate Capital handles $59.5 million in financings

Windsor, CT KeyBank Real Estate Capital has arranged financing for two separate multifamily properties in the greater Hartford area totaling...

Real estate values achieving all-time highs - Steven Elliott

Nothing like the warmth of summer, with its long days, and the Red Sox playing almost .700 baseball, to put everyone in a good mood. The economy is still chugging along with real estate values achieving all-time highs. To put it into

Markets are recording some pushback on rates and rents - by David Kirk

Seemingly unrelated, current commercial real estate capital markets and property markets are recording some pushback on rates and rents respectively. Also, a marginal decline in activity, volume and velocity. Summer stickiness was often

The Counselors of Real Estate release its Annual List of Top Ten Issues Affecting Real Estate

Chicago, IL In a break with the tradition of list announcements, The Counselors of Real Estate (CRE) professional association presented its ...

Durkin’s last hurrah! Ways to improve appraisal profession - by Roger Durkin

One last blast about what appraisal associations and individual appraisers should be doing to improve the appraisal profession. Here is a partial list: Lobby for a rule of lenity for appraisal regulations requiring that vague and ambiguous rules be

Regenbogen of Arbor funds $12m in student housing transactions

Hartford, CT Arbor Realty Trust, Inc. funded bridge transactions for two student housing properties in Northeastern Connecticut. E...

IRS final rule cites the Uniform Standards of Professional Appraisal Practice

Washington, DC The Internal Revenue Service (IRS) has issued a new rule which governs how cash and noncash charitable contributions should b...

MassDevelopment issues $25m tax-exempt bond for Stonehill College

Easton, MA MassDevelopment has issued a $25 million tax-exempt bond for Stonehill College, a co-educational liberal arts college. Stonehill ...

Cinquegrana joins BayCoast Mortgage Company as senior loan officer

Middletown, RI According to BayCoast Mortgage Company, LLC, Robert Cinquegrana has joined the company as a senior loan officer. In this r...

Banking on Connecticut land banks: A good investment - by Ann Catino

Connecticut land banks require interest, but not necessarily with a steep financial rate attached. In 2017, the Connecticut General Assembly established the authority for one or more municipalities to establish land banks and the interest is