Fantini & Gorga has arranged permanent financing of $9.165 million for Roxbury Highlands. Roxbury Highlands is comprised of 50 affordable apartments supported by HUD project-based subsidies, two market rate apartments and three commercial spaces.Wilmington, MA
JLL Capital Markets has arranged a $5.6 million refinancing for 271 Ballardvale St., a 56,000 s/f, fully leased, light manufacturing industrial building. JLL worked on behalf of the borrower
While some planned REFA events had to be cancelled due to concerns surrounding the ongoing COVID-19, REFA is working hard to act as a resource and keep its membership engaged virtually during this time. Roxbury, MA
Fantini & Gorga has arranged permanent financing of $9.165 million for Roxbury Highlands. The loan was placed with a national bank. Roxbury Highlands is comprised of 50 affordable apartments supported by HUD project-based subsidies
Rockland Trust Bank has provided a $22 million loan to Cruz Development Corp. for the first mortgage construction and permanent loan financing of the Dr. Michael E. Haynes Arms building. The $34 million project will Ayer, MA
Cornerstone Realty Capital has arranged $9.1 million for the acquisition of an apartment property. The property consists of 76 units, spread between three, three-story garden-style buildings and four townhouses. Brookline, MA
Mike Marcone of Marcone Capital, Inc. has arranged the $18.4 million financing of a 47,227 s/f medical and general office building located at 822-826 Boylston St.Boston, MA
Eastern Bank welcomes Rex Lumber Co. as a new commercial banking customer. Founded in 1946, Rex Lumber is a third-generation, family-owned and operated business distributing hardwood lumber with revenue between $50 and $100 million.
The Community Economic Development Assistance Corp. (CEDAC) partnered with Local Initiatives Support Corp.(LISC) and its Equitable Transit-Oriented Development Accelerator Fund (ETODAF), to lend a total of $8.5 million in acquisitionBoston, 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.