Somerville, MA JLL Capital Markets has arranged $246 million in construction financing for 808 Windsor, a to-be-built, life sciences development totaling 353,000 s/f. JLL worked on behalf of the borrower, a partnership between Leggat McCall Properties, DLJ Real Estate Capital Partners and Deutsche Finance America
Lawrence, MA MassHousing has closed on $26.9 million in affordable housing financing to Trinity Financial to support the first phase of the redevelopment of the historic Marriner Mill complex. The $46.8 million mixed-income project will repurpose a former industrial
Wilton, CT Marcus & Millichap Capital Corporation (MMCC) has completed the arrangement of $6.53 million in financing across two transactions–one for a mixed-use medical office and retail property at Sun Plaza, 151 Old Ridgefield Rd.
Greenwich, CT Worth Avenue Capital, LLC (WAC) has closed a $1.1 million construction loan for a repeat borrower for the purpose of building a new “spec” house on Stanwich Rd. The loan is secured by a junior mortgage on the Stanwich Rd.
Westerly, RI Berkshire Bank completed a Historic Tax Credit (HTC) investment to support the revitalization of The United Theatre. The project also supports Berkshire’s previously announced BEST Community Comeback in which it is lending and investing in activities that revitalize local economies.
Milford, MA Washington Trust’s Commercial Real Estate Group provided financing to Quarry Milford, LLC for the acquisition and redevelopment of Quarry Sq., a 196,674 s/f retail center,
Boston MA The Real Estate Finance Association (REFA) has named its Board of Directors for 2022. Lauren O’Neil, managing director COO, private equity at AEW Capital Management will serve as president, along with president-elect, Nilesh Bubna,
Worcester, MA Fantini & Gorga has completed the placement of a $23 million construction loan for the Brooks Street Commons, a to-be-built 111-unit multifamily property on the north side of the city.
Andover, MA JLL Capital Markets has arranged $35.34 million in financing for the acquisition and repositioning of a 233,726 s/f, two-building R&D/office portfolio into a life sciences campus in the suburban Boston community.
Lowell, MA Mike Marcone of Marcone Capital, Inc. has arranged the financing of Connector Park, a property consisting of two, four-story, high quality office buildings totaling 199,783 s/f.
