Malden, MA Cornerstone Realty Capital arranged $10.25 million for the refinance of 54-72 Summer St., a 65-unit mixed-use property consisting of 54 apartments and 11 commercial retail units.
Burlington, MA Fantini & Gorga has arranged $12.5 million first mortgage for the redevelopment of One Wheeler Rd. To be called Gateway Burlington, the subject will consist of a two level, on grade
Westwood, MA Rockland Trust has provided over $13 million in financing to MAB Community Services (MAB) to purchase sixteen group homes, which have been leased to house individuals MAB has served for as long as 18 years
Bangor, ME Ed Riekstins, managing director, and Daniel Karp, vice president of Northmarq’s Boston debt/equity team, finalized the $15.2 million permanent-fixed loan for a Maine retail and industrial portfolio.
Westborough, MA Newmark has arranged $96.5 million in financing for 50 and 54 Otis St., two industrial assets that are located less than 35 miles west of Boston. Newmark co-head of U.S. Capital Markets Robert Griffin,
Easton, MA For the 2
nd consecutive year, North Easton Savings Bank has been named by
Forbes as a top-ranked bank in Massachusetts on
Forbes’ most recent listing of America’s Best Banks and Credit Unions
Cambridge, MA Cambridge Savings Bank (CSB) has provided construction loans totaling $84.5 million to Strategic Land Ventures (SLV), a vertically integrated real estate investment management and development firm.
Boston, MA The Real Estate Finance Association’s (REFA) members are invited to an exclusive property tour of NEMA Boston on Wednesday, September 21
st. NEMA Boston is a best-in-class, 2019 vintage, LEED Silver,
Canton, MA Stephen Lucitt has joined Bank of Canton as vice president of commercial lending. Throughout his lending career of more than 30 years, Lucitt has earned accolades for his ability to develop loan portfolios, establish credit policy, and build successful business relationships.
Portland, ME Fantini & Gorga has placed $23.04 million in permanent financing for Danforth Heights, a 166-unit mixed-income multifamily apartment complex located between the city’s historic district and waterfront. The loan was placed with Fantini & Gorga’s correspondent, Eastern Mortgage Capital, a national MAP Lender