Financial Digest
Busy spring for REFA
Boston, MA REFA has been busy this spring prepping for upcoming events and programs. The next education program about valuations in the commercial real estate market will be on Tuesday, June 20th, 12:00 P.M., at 101 Seaport Blvd., PwC. The panel will be moderated by Andrew Alperstein, Real Estate partner, CPA, CRE, FRICS, PwC.
Cornerstone Realty Capital arranges $8.1 million in financing for a 43-unit apartment property in Saugus, MA
Saugus, MA Cornerstone Realty Capital recently arranged $8,100,000 for the refinance of Pennybrook Gardens, a 43-unit apartment property. Pennybrook Gardens sits on a 2.689 acres and consists of six two-story apartment buildingsMassDevelopment issues $151.7 million in tax-exempt bonds on behalf of affiliates of public housing authorities
Boston, MA MassDevelopment has issued $151.7 million in tax-exempt bonds on behalf of affiliates of public housing authorities in Brookline, Cambridge, Framingham, and Medford, which will use bond proceeds to renovate and preserve 368 units of housingThe convenience in depreciation - by Kyle Kadish
A handful of convenience stores with gas stations have opened across southern New Hampshire in the past few years, and many more like them have sold across the region. More likely than not, benefits and advantages from 2017’s Tax Cut and Jobs Act drove interest in the asset class.Sidel of EagleBridge Capital handles $2.232 million mortgage financing
Boston, MA EagleBridge Capital has arranged acquisition/permanent mortgage financing in the amount of $2.232 million for an apartment property located on Snow Hill St. in the North End neighborhood, the city’s oldest residential community.
