Boston, MA JLL Capital Markets has arranged $8 million in financing for 15 Broad St., a 10-story, 75,000 s/f, “jewel box” office building in the city’s Financial District. JLL worked on behalf of the borrower, Broder, to secure the five-year, fixed-rate loan through MountainOne Bank.
Fairfield, CT BWE, a national commercial and multifamily mortgage banking company, has closed a $35.3 million permanent loan for Sturges Ridge of Fairfield, an assisted living and memory care community. Taylor Mokris, senior vice president of seniors housing and care at BWE, and Ryan Stoll, national director of seniors housing and care, led the financing.
Devens, MA Cushman & Wakefield has arranged $52.8 million in acquisition financing for 117 Hospital Rd., a 165,335 s/f advanced manufacturing facility. The financing was secured on behalf of the borrowers, Pivotal Manufacturing Partners and Declaration Partners. The five-year, fixed-rate loan was provided by Goldman Sachs.
Boston, MA According to MassDevelopment, Kathleen McGilvray will join the agency later this month as executive vice president of finance programs. In this role, McGilvray will oversee MassDevelopment’s finance programs division – which includes investment banking,
Killingly, CT Worth Avenue Capital, LLC (WAC) has closed a $2.5 million loan to a New England-based real estate developer for the purchase and development of 54.6 acres of land. The land is zoned industrial and the sponsor has plans to construct two separate 100,000 s/f buildings on the property.
Weymouth, MA MountainOne has appointed Thomas Osuch as vice president, commercial loan officer. Osuch joins MountainOne Bank with more than 18 years of experience in commercial banking. In his role, Osuch’s primary focus will be to manage a growing loan portfolio,
Methuen, MA Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $5 million in financing for a 30-unit multifamily property located at 11 Ashton Place.
Brockton, MA Rockland Trust plans to expand its office space at 120 Liberty St. Since 2008, Rockland Trust has leased two floors in the three-story, 45,000 s/f office building. The first floor of the building was previously occupied by the IRS which relocated to 103 Commercial St. in December of 2024.
Boston, MA This September, REFA was proud to sponsor two CRE Collaborative programs. The CRE Collaborative first came together for a candid and informative conversation with attorney general Andrea Joy Campbell to discuss issues relating to the commercial real estate industry. Thanks to Paul Ayoub, Nutter for moderating the conversation,
Peabody, MA Larew Doyle & Associates, a commercial real estate capital advisory firm, has arranged $13.9 million in construction financing for a self-storage facility. Located at the high-visibility intersection of Rte. 1 and I-95 – one of the north shore’s most active growth corridors – the six-story