CIT Group and Square Mile Capital Management provide $63.9m construction financing for the development of The Caldwell

Lynn, MA CIT Group Inc. and Square Mile Capital Management LLC has originated a $63.9 million loan to finance the development of The Caldwell, a 259-unit, 180,000 s/f high-rise rental residential project with ground floor retail.

Worth Avenue Capital closes four transactions in first quarter of 2019

Hartford, CT Worth Avenue Capital, LLC (WAC) closed four transactions totaling $4.145 million during the first quarter of 2019 which included a $3.5 million LOC to a real estate development group.

Chance to recognize condemnation value rule lost - by Elliott Pollack

In an unanimous opinion sustaining an almost $3 million increased condemnation award for the taking of property near a baseball stadium to be constructed in Hartford, now tenanted by the Hartford Yard Goats

Real Estate Finance Association spring programming and upcoming annual events

Boston, MA REFA held its first Women’s Roundtable program of the year on May 1^st. Elizabeth Lowrey, principal and director of interior architecture with Elkus Manfredi Architects

Groblewski and Feig of Fantini & Gorga arranges $11.5m financing

Lake Worth, FL Boston-based Fantini & Gorga arranged an $11.5 million first mortgage loan for the construction of a self-storage facility in Lake Worth. Fantini & Gorga placed the financing

Zaxia AVM for CRE helps lenders make the right loan - by Vaughan Hennum

An earlier article discussed how the Zaxia AVM for CRE helps a commercial loan officer excel in today’s more complex regulated environment. This article will discuss

Buscone and Osborne promoted to executive vice president at Eastern

Boston, MA According to Eastern Bank, Gregory Buscone and Matthew Osborne have been promoted to executive vice president, senior commercial banking officer. Both are also members

Goedecke & Co., LLC assembles a new team in Westport, CT office

Westport, CT Goedecke & Co., LLC, one of New England’s largest privately held mortgage banking companies, has appointed Jay Marshall as executive vice president and Katharine Lombardo

Coulombe of Fantini & Gorga arranges $27 million multifamily construction loan

Cambridge, MA Fantini & Gorga has placed a $27 million construction loan. The Fantini & Gorga team was led by Derek Coulombe, senior managing director, who together with Tim O’Donnell, executive managing director and Despina Hixon, senior director, arranged the financing. 

Sidel of EagleBridge Capital negotiates $2.12 million financing for Yankee Trader Seafood

Hingham, MA EagleBridge Capital has arranged acquisition/permanent mortgage financing in the amount of $2.12 million for the future home of Yankee Trader Seafood which will be expanding to 80 Sharp St. The mortgage financing was arranged by EagleBridge principal Ted Sidel