Brookline, MA MassHousing has closed on a total of $5.5 million in affordable housing financing to 2Life Communities for the development of the Harold and Ronald Brown Family House, which will create 62 new, mixed-income
Rowley, MA FinanceBoston has arranged a $2.568 million senior loan secured by a mixed-use property. The property has direct frontage on the Essex County town’s main business corridor and benefits from numerous long-standing tenants.
Boston, MA Harvard’s flexible, low-cost $10 million investment with Local Initiatives Support Corp. (LISC) 20 years ago contributed to the creation or preservation of 3,108 units of diverse affordable housing in its host communities of Boston and Cambridge.
Hartford, CT Worth Avenue Capital, LLC (WAC) closed a $1.5 million construction line of credit to a CRE development group on a highly visible sixteen acre CRE property in Fairfield County.
Northampton, MA MassDevelopment has partnered with Greenfield Savings Bank to provide Sunwood Builders, Inc. and Sunwood Development Corp. with loan financing for Village Hill CoHousing (VHC), an energy-efficient co-housing community
On September 11
th, REFA held a program on “Financing and Designing for Resiliency,” focused on discussing the issues Greater Boston will face due to climate change, and how industry professionals are preparing to deal and recover from these weather patterns.
Waltham, MA Fantini & Gorga has completed the placement of $2.25 million acquisition financing for a multi-tenant property on Moody St. Derek Coulombe, senior managing director at Fantini & Gorga placed the loan with a small regional bank.
Cambridge, MA Knighthead Funding, LLC has originated a $37.75 million loan for the completion of an upscale independent 67-room hotel. With Knighthead Funding’s 24-month financing, the sponsor, a local partnership operating as Sean Casey, LLC
Marlborough, MA EagleBridge Capital has arranged acquisition/permanent mortgage financing in the amount of $5.245 million for 33 Locke Dr. The mortgage financing was arranged by EagleBridge principal Ted Sidel
Framingham, MA Eastern Bank has completed three construction loans totaling $8 million to Norwood-based developer Arista Development, LLC, for ground-up construction of free standing retail properties in Framingham, Bedford, N.H., and Providence.
