Jamaica Plain, MA Sidney Spiegel of Spiegel Associates arranged a $4.305 million loan for an office property. The loan was funded by a regional bank that saw the value of the property to the community. The property, located at 31 Heath St.
Haverhill, MA Haverhill Bank recently promoted four staff to management positions. Duncan Clark was promoted to vice president, retail branc...
Webster, MA MassDevelopment has issued a $1 million loan to the Worcester Community Action Council, Inc. (WCAC), an agency that offers a wide range of education, employment, and social service programs throughout 45 communities in Central Mass.
Boston, MA The Real Estate Finance Association (REFA) has named its board of directors for 2019. Travis D’Amato, senior vice president and managing director, Walker & Dunlop, will serve as president along with president-elect Claudia Piper, senior vice president at Webster Bank.
Topsham, ME KeyBank Real Estate Capital has arranged a $31.5 million Freddie Mac loan with Chicago Pacific Founders and its affiliate CPF Living Communities (CPF Living) for their Highlands Retirement Community. The loan proceeds were used to refinance an existing KeyBank balance sheet
Clinton, MA Cornerstone Realty Capital arranged $1.9 million in financing for a mixed-use property. The property consists of 16 apartments and two commercial spaces. The apartments feature a mix 4 one-bedroom and 12 two-bedroom units, all of which have undergone recent renovations including updated appliances, new cabinetry and new flooring.
Burlington, MA East Boston Savings Bank (EBSB) has opened its 37th branch office in Burlington. The new branch is located at 50 Summit Dr. at the Middlesex Tpke. and Rte. 95/128 interchange. The 2,100 s/f office has been designed to take full advantage of the space.
The New England Appraisers Expo was held October 22 at Four Points by Sheraton Norwood - Below are photographs from the event.
Roxbury, MA MassHousing has closed on $45.7 million in financing to the Jamaica Plain Neighborhood Development Corp. (JPNDC) for the acquisition, preservation and renovation of a 201-unit scattered site affordable housing portfolio in Roxbury and Dorchester.
Portland, ME TD Bank’s Commercial Lending Group in Maine closed a $40 million direct bond purchase for the Maine State Housing Authority (MaineHousing). The proceeds of the bonds were used to refund prior bonds that had financed multi-family housing projects in the state.