Newmark promotes O’Donnell and Douvadjian

Boston, MA Newmark has promoted Timothy O’Donnell and David Douvadjian, Jr. to senior managing director and director, respectively. Both O’Donnell and Douvadjian are a part of Newmark’s Debt and Structured Finance Group,

MassDevelopment issues $18.7 million tax-exempt bond on behalf of Truman Apartments, LLC

Cambridge, MA MassDevelopment has issued an $18.7 million tax-exempt bond on behalf of Truman Apartments, LLC, an affiliate of the Cambridge Housing Authority, which will use bond proceeds to buy, renovate, and equip the Harry S. Truman Apartments, a

The Real Estate Finance Association hosts its second DEI Discussion Series on April 28th

Boston, MA REFA held its second DEI Discussion Series on April 28^th with a conversation about The Color of Law: A forgotten History of how our Government Segregated America, by Richard Rothstein. As part of REFA’s DEI Initiative, REFA

Sidel of EagleBridge Capital arranges $4.78m financing for Foxborough office building

Foxborough, MA EagleBridge Capital has arranged mortgage financing in the amount of $4.78 million for 100 Foxborough Blvd., a two-story office building located in the Foxborough Business Center. The mortgage financing was arranged by EagleBridge principal Ted Sidel who stated that the loan was provided by a leading New England based financial institution.

Cornerstone Realty Capital arranges $3.43 million financing of a 30-unit multifamily property

Taunton, MA Cornerstone Realty Capital arranged $3.43 million for the acquisition and renovation of a 30-unit multifamily property.  The property consists of three two-story, identically-structured apartment buildings, originally built in 1987, that feature wood-framing, clapboard siding, and asphalt-shingled hip and gable roofs.

Rockland Trust provides $10.5 million loan to SCG Development to facilitate the revitalization of the Oxford School Residences

Fairhaven, MA Rockland Trust has provided a $10.5 million loan to SCG Development to facilitate the revitalization of the Oxford School Residences. The funds, which include a commitment to both

Colliers International arranged $42 million in financing of the newly developed Redbrook Apartments in Plymouth, MA

Plymouth, MA Colliers International arranged $42 million in financing of the newly developed Redbrook Apartments. The Colliers team, led by executive vice president Jeff Black

Eastern Union closes $57 million in financing for four skilled-care facilities

Salem, MA The Healthcare Group of Eastern Union has secured a $57 million bridge financing package that encompasses two skilled-care facilities in Florida and two more in Massachusetts.

Coulombe and Maddaluna of Fantini & Gorga place $955,000

Westbrook, ME Fantini & Gorga has completed the debt placement of $955,000 for the refinancing of two multifamily properties. Derek Coulombe, senior managing director and Ryan Maddaluna, analyst

The Real Estate Finance Association celebrates Women’s History Month

Boston, MA REFA celebrated Women’s History Month with a REFA Past President’s Webinar on March 31^st. 2020 REFA president Claudia Piper, Webster Bank