Financial Digest

Real Estate Finance Association closes out the year with quality programming

Boston, MA On Tuesday, October 10th, the Real Estate Finance Association (REFA) held a One Congress Walking Tour & Networking Reception. The member-wide property tour provided exclusive access to a tenant’s space. Tom O’Brien, managing partner, chief executive officer, HYM and Ryan Quick, vice president

Walker & Dunlop Capital Markets places $22.58 million in loans for two properties including a shopping center and an industrial facility

Windsor Locks, CT Walker & Dunlop completed two financing deals including a shopping center and an industrial facility. Specifics on the two deals are below: Ella Grasso, located at 295 Ella Grasso Tpke. in Windsor Locks, received $14.46 million in loan proceeds to facilitate the $17.75 million total acquisition purchase.

Worth Avenue Capital, LLC closes $3.25 million commercial loan

strong>Warwick, RI Worth Avenue Capital, LLC has closed a $3.25 million commercial loan to a Massachusetts-based real estate developer/investor. The loan proceeds were used by the sponsor to purchase a strategically positioned real estate parcel near the TF Green Airport

The Boulos Co. reps. The Yilmaz Family, LLC in purchase of KeyBank branch

Freeport, ME The Yilmaz Family, LLC purchased the former KeyBank branch at 135 Main Street for an undisclosed amount. The buyer noted the size of the 4,590  s/f building and its prime location as having good potential for a retail tenant.

Another reason to stay debt free in a 1031 Delaware Statutory Trust exchange - by Dwight Kay

It seems like every day there is another reason showcasing the reason why more and more investors are choosing to stay debt-free when investing in Delaware Statutory Trust (DST) properties in a 1031 exchange.

JLL Capital Markets arranges $75 million credit facility for Sendero Capital and Angelo Gordon

Boston, MA JLL Capital Markets has arranged a $75 million credit facility on behalf of a joint venture between Sendero Capital and Angelo Gordon that was formed to target the medical property sector.

Washington Trust promotes Lyons to senior vice president and team leader of commercial real estate division

Westerly, RI According to Washington Trust, Bethany Lyons was promoted to senior vice president and team leader of its commercial real estate division. She is responsible for managing the lending and sales activities, including deal sourcing, structuring, and portfolio management,

JLL Capital Markets facilitates $27m refinancing
for FoxRock Properties

Quincy, MA JLL Capital Markets has arranged a $27 million refinancing for One Heritage Dr., a 172,849 s/f office building. JLL worked on behalf of the borrower, FoxRock Properties, to secure the five-year, fixed-rate loan

Sidel of EagleBridge Capital handles
$30 million refinancing

Wilmington, MA EagleBridge Capital has arranged mortgage refinancing in the amount of $30 million for the Ballardvale Technology Center, a flex/R&D/office complex located at 181 and 187 Ballardvale St.

Cornerstone Realty Capital arranges $4.1 million in financing for acquisition of three retail properties in Wareham, MA

Wareham, MA Cornerstone Realty Capital arranged $4.1 million in financing for the acquisition of newly constructed commercial buildings. The retail properties are comprised of three new construction buildings consisting of a two-tenant building leased to five nationally recognized tenants