Financial Digest

2018 was a terrific year for the Real Estate Finance Association in Boston

Boston, MA On Monday, November 26, REFA held its Annual Holiday Party at Central Wharf Co. Over 80 members and colleagues enjoyed an evening of networking, hors d’oeuvres and drinks all in a festive setting. The evening included a gift card drive benefiting FamilyAid Boston, an organization committed to helping end homelessness within the city area. 

Fantini & Gorga arranges $20.5m first mortgage construction financing for 80,000 s/f to-be-built 95-room assisted living residence

Chicopee, MA Fantini & Gorga recently arranged $20.5 million in first mortgage construction financing, an 80,000 s/f to-be-built 95-room assisted living residence, located in the Chicopee Falls neighborhood of the city.  

Noeldechen of Marcus & Millichap Capital Corp. leads $3.48 million refinancing for three multifamily properties

Bridgeport, CT Marcus & Millichap Capital Corp. (MMCC) has arranged a total of $3.48 million in refinancing for three multifamily properties, totaling 62 units. Robert Noeldechen of Marcus & Millichap’s New Haven office, led the refinance. 

Cronheim Mortgage handles $11.5 million financing

South Norwalk, CT Cronheim Mortgage arranged financing totaling $11.5 million for SoNo Sq. The 10-year loan was structured with three years ...

HFF places $341m in construction financing and joint venture equity

Boston, MA Holliday Fenoglio Fowler, L.P. (HFF) completed $341 million in construction financing and joint venture equity for the development of The St. Regis Residences, a waterfront condominium tower located on one of the last remaining developable waterfront parcels in the Seaport. The HFF team worked as an exclusive advisor to the developer, Cronin Development, to secure $306.5 million in construction financing from JPMorgan Chase Bank, N.A.

EagleBridge Capital places $25.15 million mortgage financing on behalf of Waldorf Capital Management

Providence, RI EagleBridge Capital, working exclusively on behalf of its client, Waldorf Capital Management, has arranged construction/perma...

Breda and Zuckerman of Goedecke arrange $16.86 million in first mortgage financing for the acquisition of Freshwater/Stateline Plaza

Enfield, CT The Westport office of Goedecke & Co., LLC has arranged $16.86 million in first mortgage financing for the acquisition of Fr...

Washington Trust provides $13 million to Talcottville Vernon Development

Vernon, CT Washington Trust’s Commercial Real Estate Group provided $13 million to Talcottville Vernon Development, LLC, for the first...

MassDevelopment issues $37.5 million in bonds for CIEE, Inc.

Boston, MA MassDevelopment has issued a $31.5 million tax-exempt bond and a $6 million taxable bond on behalf of CIEE Inc., a nonprofit prov...

East Boston Savings Bank opens 36th location

Boston, MA East Boston Savings Bank (EBSB) opened their newest branch location at 1614 Tremont St. The Brigham Circle office will be the 36t...