Financial Digest

MassHousing provides Rogers Hall Corp. with $7.5 million in financing

Lowell, MA Senior citizens and disabled residents living at the 61-unit Rogers Hall will have their affordable rents extended for at least 25 years and will see property improvements

Real Estate Finance Association June update: Programming and upcoming annual events

Boston, MA On Thursday, May 30th, REFA Emerging Leaders participated in a behind the scenes tour of the Hub on Causeway Phase 2. Melissa Schrock, senior project manager, development at Boston Properties

FinanceBoston arranges $2 million bridge financing for vacant retail space in Boston's North End

Boston, MA FinanceBoston has arranged $2 million cash out bridge financing for a vacant retail space in the North End. Located near the TD Garden, Government Center and the North End

HFF facilitates $400.6 million in acquisition financing for portfolio

Stamford, CT Holliday Fenoglio Fowler, L.P. (HFF) has arranged $400.6 million in acquisition financing for a 56-building light industrial portfolio totaling 3.1 million s/f in Westchester County

Natalizio of Cornerstone Realty Capital
handles $6.3 million in financings

Boston, MA Cornerstone Realty Capital has arranged $5 million in financing for a five-story brownstone in Beacon Hill. The recently renovated lodging house features 11

Colliers International arranges $84m capitalization of 259-unit Caldwell apartment tower

Lynn, MA Colliers International’s Boston Capital Markets group has arranged nearly $84 million in capital for the development of Caldwell, a 10-story, 259-unit,

Metro Credit Union expands technology, locations and talent

Chelsea, MA According to Robert Cashman, president and CEO of Metro Credit Union, the bank has embarked upon major strategic investments in technology, physical locations

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