Boston, MA Boston Residential Group (BRG) has secured $90 million in financing to develop 55 India St., the last open development site on the Greenway in downtown. BRG will build a 12-story, glass-facade condominium tower at the site, featuring 29 two- and three-bedroom units
Edgartown, MA Rockland Trust has provided $19.75 million of construction financing in partnership with Affirmative Investments, Inc. and the non-profit Island Housing Trust for the development of Meshacket Commons. Located in Martha’s Vineyard’s historic Edgartown, this development
Marlborough, MA EagleBridge Capital, has arranged mortgage refinancing in the amount of $9.2 million for 33 Locke Dr. The mortgage financing was arranged by EagleBridge principal Ted Sidel who said that the loan was provided by a leading regional financial institution.
Rocky Hill, CT CATIC continues to achieve its goals of enhancing the agent experience with the company. The latest improvement, the implementation of Versapay, will allow their agents to better manage part of their transaction workflow in a safe and secure manner.
Boston, MA Sponsorships and tickets are available for the 36
th Annual REFA Gala on Thursday, October 17
th at the Omni Boston at the Seaport, honoring Paul Nasser, president, Intercontinental Real Estate Corp. with the Swain Distinguished Service Award.
Chicopee, MA MassDevelopment has issued a $1.532 million tax-exempt bond on behalf of Boys & Girls Club of Chicopee, Inc. (BGCC), which will use proceeds to build and equip a teen center on the organization’s existing campus at 580 Meadow St. The new 4,500 s/f building
Bedford, MA JLL Capital Markets has arranged a $150 million refinancing for Bedford Labs, a 288,000 s/f, newly converted, class A life sciences facility. JLL worked on behalf of the borrower, a joint venture between AEW Capital Management, Redgate, and Optimum Asset Management
Marlborough, MA Colliers’ Capital Markets team has secured $41.4 million in construction financing for a multifamily development. The developer, The Procopio Companies, was represented by a Colliers team led by executive vice president Jeff Black, vice president Sean Burke, vice president Bryan Koop and financial analyst Matt Lombardi.
Worcester, MA According to Rockland Trust, Robert Paulsen has been appointed as senior vice president, commercial banking center manager for the local commercial banking center. Paulsen will be leading the local commercial team as well as developing new commercial and industrial (C&I) relationships across the greater Worcester region.
Greenwich, CT Worth Avenue Capital, LLC (WAC) has closed a $3.75 million commercial loan for a construction company that specializes in both renovating existing homes as well as constructing new luxury homes. This company is a multiple repeat borrower for WAC who has partnered with this borrower on seven transactions over the last four years.
