Financial Digest

Cornerstone Realty Capital arranges $10.4 million in financing for Nubian Sq. development

Boston, MA Cornerstone Realty Capital has arranged $10.4 million in financing for the construction of a mixed-use residential condominium development in the Nubian Sq. neighborhood of the city. The project will feature a six-story mixed-use condominium building with 30 residential condos, two retail condos, and five garage

Washington Trust provides $1.4 million to DCR Anderson WAG, LLC

Waterbury, CT Washington Trust’s Commercial Real Estate Group provided $1.4 million in permanent financing to DCR Anderson WAG, LLC for a 40,940 s/f parcel improved with a 2,053 s/f Taco Bell. The subject site is located adjacent to I-84 with traffic counts that exceed 92,200 vehicles per day,

Rockland Trust leads financing package for 44,000 s/f Gardner’s Heywood Hospital surgical space expansion project

Gardner, MA Rockland Trust led a $29 million financing package with Fidelity Bank to Waterstone Properties Groups, arranged by Cornerstone Realty Capital for the construction of the Surgical Pavilion expansion for Heywood Hospital. Heywood Hospital provides surgical services to area residents from North Central, North Quabbin

Sidel of EagleBridge Capital places $7.34 million financing for for a NNN leased Walgreens pharmacy in Lowell, MA

Lowell, MA EagleBridge Capital has arranged acquisition/permanent mortgage financing in the amount of $7.34 million for a NNN leased Walgreens pharmacy. The financing was arranged by EagleBridge principal, Ted Sidel

Square Mile Capital Management originates construction loan for Three Burlington Woods

Burlington, MA Square Mile Capital Management LLC has originated a construction loan to finance the previously reported acquisition and life sciences conversion of Three Burlington Woods, a 175,000 s/f office building.

Paley of The Village Bank honored with 2022 Pathway to Possible award

Newton, MA Susan Paley, vice president of community relations at The Village Bank, has been honored by Pathway to Possible for her commitment to the wellbeing of Newton.

REFA hosts 34th Annual Gala at Westin Copley Place honoring Paul Ayoub of Nutter

Boston, MA REFA hosts 34th Annual Gala at Westin Copley Place honoring Paul Ayoub, Nutter. On Thursday, October 6th, over 500 REFA members and friends gathered to honor Ayoub, chair at Nutter, as he was awarded the Swain Distinguished Service Award

EagleBridge Capital facilitates $4.4m mortgage financing for retail and apartment properties in New Canaan, CT

New Canaan, CT EagleBridge Capital has arranged permanent mortgage financing in the amount of $4.4 million for a group of retail and apartment properties located in downtown. The financing was arranged by EagleBridge director

JLL arranges $230 million financing for 262,000 s/f Somerville life sciences development

Somerville, MA JLL Capital Markets has arranged a $230 million construction loan for the development of 15 McGrath Hwy., a speculative life sciences development totaling 262,000 s/f. JLL worked on behalf of DLJ Real Estate Capital Partners, Leggat McCall Properties and Deutsche Finance

Cornerstone Realty Capital places $10.25 million in financing for 65-unit mixed-use property in Malden, MA

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.