Boston, MA The Real Estate Finance Association finished a busy month with their 8
th Annual Mentor Program kick-off event on February 28
th featuring 60 mentor/mentee pairs. The REFA Mentor Program provides Emerging Leader Members with the opportunity to be
Taunton, MA CrowdStreet, Inc. , an award-winning online real estate investing platform, raised $11.5 million of capital for Rhino Capital Advisors’ development of an advanced manufacturing property.
Hanover, MA Rockland Trust’s Investment Management Group (IMG) is expanding its services with the appointment of Michael Cassata as the business owner advisory strategist. In this newly developed role, Cassata provides business owners with the strategic support and guidance
Danbury, CT According to Union Savings Bank (USB), Marlene Piche has been promoted to executive vice president. In her new role, Piche will oversee branch banking, business banking, the call center, as well as treasury and merchant services.
Danbury, CT According to Savings Bank of Danbury, Brian Berkson joined the bank as assistant vice president/community development manager. In his new role he will be responsible for maintaining, strengthening and onboarding relationships in the community.
Waterbury, CT Robert Ranieri, senior vice president/managing director of Northmarq’s Greater White Plains regional office arranged financing for two multifamily properties. The two properties, Scott Gardens Apartments and P.R. Scott Apartments, received refinancing totaling a combined $10.6 million.
Easton, MA North Easton Savings Bank has promoted Thomas Samaras Jr. to business banking officer. Samaras brings years of banking and relationship experience to the growing team of business bankers.
Fitchburg, MA Brady Capital Advisors, LLC (BCA) has arranged and facilitated $11.42 million in acquisition financing for the Forest Ridge Apartments, a 90-unit, multifamily property located on 12.35 acres at 6 Mary Anna Dr. for a closing that took place on December 21, 2023.
Swampscott, MA WinnDevelopment, the development arm of WinnCompanies, has closed on financing for a 114-unit, mixed income, transit-oriented apartment community, keeping construction on track for completion and occupancy by the middle of 2025.
Wilmington, MA JLL Capital Markets has arranged $57 million in construction financing for 800 Salem St., an industrial logistics development totaling 237,800 s/f. The project is fully entitled with site work complete, vertical construction underway and an anticipated delivery in Q3 2024.