Financial Digest

Landry named partner at FinanceBoston

Boston, MA Doug Landry, a principal at the real estate investment and advisory company FinanceBoston, has been named as a partner at the 16-year-old firm. Landry joined FinanceBoston as a principal in July 2018.

Lenders beware! - by Mattera and Currier

Although we are currently in the midst of the longest recovery in history, recent market events remind us that the economy is cyclical. Household debt is at a record high, while the saturated retail and restaurant sectors have been generating a number of high-profile Chapter 11

The Real Estate Finance Association has a busy month of February with multiple events

Boston, MA The Real Estate Finance Association (REFA) is coming off an eventful month. On February 25th, REFA hosted a sold-out education program at Atlantic Wharf on The Impact of the LIBOR Changes.

JLL Capital Markets arranges $43.18 million in acquisition financing - loan placed with Cambridge Savings Bank

Framingham, MA JLL Capital Markets has arranged $43.18 million in acquisition financing for a two-property office portfolio totaling 292,014 s/f. JLL worked on behalf of the borrower, a partnership between Campanelli and

Loan placed with Cambridge Savings Bank

Ashland, MA Citizens Bank’s Community Development Group has provided $24.2 million in construction loans for three separate affordable housing projects in the state.

Rockport Mortgage handles $30m in financing for Rolling Green Apartments

Amherst, MA Rockport Mortgage Corp. has closed an FHA Section 223(f) refinancing loan for Rolling Green Apartments totaling $30 million. The property has been owned and managed by Beacon Communities LLC since 2014.

Square Mile Capital originates $433.8 million construction loan for Cambridge Crossing

East Cambridge, MA Square Mile Capital Management LLC (Square Mile Capital) has originated a $433.8 million construction loan to finance the next phase of the Cambridge Crossing master-planned development being

Coronavirus and business interruption: Are you covered? - Spencer Macalaster

Emerging in Wuhan, a city in China’s Hubei province, in late December, the outbreak of the novel coronavirus, a never-before-seen respiratory illness, is sweeping through the country, already infecting thousands there, according to the Centers for Disease Control. While t

Cornerstone Realty Capital arranges $16 million refinance

Reading, MA Cornerstone Realty Capital arranged $16 million for the refinance of a garden-style apartment property. The property features 112 units spread between four buildings with a unit mix of three studios,

Juran of NorthMarq secures $7.17 million

Windsor, CT Noah Juran, senior vice president/managing director of NorthMarq’s Cincinnati office secured the $7.17 million bridge loan for the acquisition of 1 Targeting Center, a 97,256 s/f office prop