Office buildings: Where we go from here - by Jonathan Avery

Trying to understand where we have been since Massachusetts declared a State of Emergency on March 10^th and the Federal Government declared a State of Emergency on March 13^th, is a serious challenge.

Cornerstone Realty Capital arranges $10 million in financing

Everett, MA Cornerstone Realty Capital recently arranged $10 million for the construction of a 51-unit apartment development in southern Everett. Cornerstone was able to deliver a fixed-rate financing structure with a 24-months of interest only followed by a 30-year amortization schedule.

The MEDC has launched the Marlborough COVID-19 Small Business Relief Grant Program

Marlborough, MA The Marlborough Economic Development Corporation (MEDC) has launched the Marlborough COVID-19 Small Business Relief Grant Program to provide financial assistance to businesses that have been impacted by the COVID-19 pandemic.

Elaine Construction promotes Newell to project manager

Newton Upper Falls, MA Elaine Construction Company, Inc. promoted Kim Newell from assistant project manager to project manager. Newell joined Elaine in the fall of 2019.

Palm Beach real estate investor uses loan proceeds from Worth Avenue Capital to purchase New England real estate

Guilford, CT Worth Avenue Capital, LLC (WAC) closed a $175,000 commercial loan to a real estate investor in Palm Beach, Florida. The loan proceeds were used towards the purchase of a real estate investment in New England

Kelleher and Pentore of Horvath & Tremblay sell mixed-use for $2.87m

Cambridge, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of 1108 Cambridge St. for $2.87 million, closing at a 5.23% cap rate.

Valicenti joins Senné as a senior associate on the Debt & Structured Finance team

Boston, MA Senné has named Dale Valicenti as a senior associate on the Debt & Structured Finance team. Valicenti will represent clients in recapitalization, acquisition, construction, and other

Phase Planning Post Covid-19 - Part 1 of 4: How COVID-19 will affect the classroom and beyond

This is Part 1 of a 4-part series from Richard Turlington Architects.  We are entering a new era in design for institutional spaces, created by the reality of a world still battling the Covid pandemic. As colleges and universities struggle to navigate student enrollment

CBRE Capital Markets handles three sales totaling $46.87 million

Westford, MA CBRE completed the sale of three commercial properties in the Greater Boston area totaling $46.87 million. In April, the CBRE Boston Capital Markets team represented the sellers and procured the buyers

Jonathan Rose Companies and The Schochet Companies acquire Riverside Towers for $83.5 million

Medford, MA The Schochet Companies and Jonathan Rose Companies have acquired Riverside Towers for $83.5 million in a joint venture.  Financed through MassHousing, Riverside Towers is designated