Firms involved in hedging interest rate risks need to begin paying close attention to the developments in the lending marketplace related to changes in variable rate loans, hedges and the derivatives index, LIBOR.
Cambridge, MA MassHousing has closed on a total of $87.2 million in affordable housing financing to the non-profit Homeowners Rehab, Inc. (HRI), for the modernization and preservation of affordability at the 300-unit 808 Memorial Dr.
Hull, MA Cornerstone Realty Capital has arranged $6.5 million in financing for the construction of a mixed-use development on Nantasket Beach. Once construction is complete, the property will consist
Lowell, MA Robert Ranieri, senior vice president/managing director of NorthMarq’s White Plains office, arranged the $5.54 million refinance of Mill Falls Apartments.
South Boston, MA FinanceBoston has arranged a $7.29 million construction loan for the ground-up development of a 20-unit mixed use project, comprised of 19 rental apartments over ground-floor retail
West Warwick, RI Fantini & Gorga arranged a $1.325 million first mortgage loan for the acquisition of a Family Dollar store. Fantini & Gorga placed the financing on behalf of a long-standing client
Boston, MA The Real Estate Finance Association (REFA) continues to create programming for its members throughout the summer. On Tuesday, July 14
th, REFA hosted its 5
th Webinar since March: What’s Driving Demand In Greater Boston’s Unique Industrial Market?
Gloucester, MA Fantini & Gorga has announced the placement of $1.8 million financing of a new, single-floor living condo complex featuring six units – many with ocean views, called Good Harbor Beach Condominiums.
Marlborough, MA JLL Capital Markets has arranged $66 million debt and equity financing for The Campus at Marlborough, a premier, four-building office campus totaling 531,916 s/f.
Boston, MA Berkadia has completed $21 million in combined financing secured for Beacon Fairbanks and Kilsyth Manor Apartments, two garden-style multifamily properties in the city. Managing director Robert Lipson