Topsham, ME KeyBank Real Estate Capital has arranged a $31.5 million Freddie Mac loan with Chicago Pacific Founders and its affiliate CPF Living Communities (CPF Living) for their Highlands Retirement Community. The loan proceeds were used to refinance an existing KeyBank balance sheet
Clinton, MA Cornerstone Realty Capital arranged $1.9 million in financing for a mixed-use property. The property consists of 16 apartments and two commercial spaces. The apartments feature a mix 4 one-bedroom and 12 two-bedroom units, all of which have undergone recent renovations including updated appliances, new cabinetry and new flooring.
Burlington, MA East Boston Savings Bank (EBSB) has opened its 37th branch office in Burlington. The new branch is located at 50 Summit Dr. at the Middlesex Tpke. and Rte. 95/128 interchange. The 2,100 s/f office has been designed to take full advantage of the space.
The New England Appraisers Expo was held October 22 at Four Points by Sheraton Norwood - Below are photographs from the event.
Roxbury, MA MassHousing has closed on $45.7 million in financing to the Jamaica Plain Neighborhood Development Corp. (JPNDC) for the acquisition, preservation and renovation of a 201-unit scattered site affordable housing portfolio in Roxbury and Dorchester.
Portland, ME TD Bank’s Commercial Lending Group in Maine closed a $40 million direct bond purchase for the Maine State Housing Authority (MaineHousing). The proceeds of the bonds were used to refund prior bonds that had financed multi-family housing projects in the state.
Boston, MA On Monday, November 26, REFA held its Annual Holiday Party at Central Wharf Co. Over 80 members and colleagues enjoyed an evening of networking, hors d’oeuvres and drinks all in a festive setting. The evening included a gift card drive benefiting FamilyAid Boston, an organization committed to helping end homelessness within the city area.
Chicopee, MA Fantini & Gorga recently arranged $20.5 million in first mortgage construction financing, an 80,000 s/f to-be-built 95-room assisted living residence, located in the Chicopee Falls neighborhood of the city.
Bridgeport, CT Marcus & Millichap Capital Corp. (MMCC) has arranged a total of $3.48 million in refinancing for three multifamily properties, totaling 62 units. Robert Noeldechen of Marcus & Millichap’s New Haven office, led the refinance.
South Norwalk, CT Cronheim Mortgage arranged financing totaling $11.5 million for SoNo Sq. The 10-year loan was structured with three years ...