Financial Digest

Marcus & Millichap facilitates $10 million
sale and $3.25 million financing

Brookline, MA Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, completed the sale and financing of Harvard Avenue Apartments, a 24-unit multifamily property.

How to use Delaware statutory trusts and 1031 exchanges for diversification - by Dwight Kay

For those readers who are not familiar with DSTs: They are a legal real estate ownership structure that allows multiple investors to each hold an undivided beneficial interest in the trust. The term “beneficial interest” means that investors hold a percentage of the

Complexities of office building valuation - by John Nitz

Appraising office buildings has become more and more difficult in recent years. In years past, the valuation of office buildings involved employing the three approaches to value with specific attention typically given to the sales comparison approach and the income

N.H. and Vermont Chapter of the Appraisal Institute names White as the 2025 president

Dover, NH The New Hampshire and Vermont Chapter of the Appraisal Institute has named Brian White, MAI, SRA as the 2025 president of the chapter. The MAI designation is the highest commercial designation awarded by the Appraisal Institute who

Now we know...or not? - by Daniel Calano

Finally, the election is over, and the going-forward consequences of a new administration, good or bad, are known. Last month I wrote about what was likely, once the President, and his officials, staff, advisors, et al, entered office, and how his actions would impact real

A busy start to 2025: REFA brings exciting events to the CRE community

Boston, MA REFA is pleased to be supporting Breaktime and FamilyAid Boston as their Charitable Partners for the third year! Breaktime and FamilyAid are the designated charities of REFA’s signature events, including the Charitable Golf

Cronheim Mortgage secures $9 million refinancing for two National Realty & Development Corp. shopping centers

Derby, VT Cronheim Mortgage has secured $9 million for the refinancing of two shopping centers: Shaw’s Plaza in Derby, VT and Kohl’s Plaza in Wallingford, CT. Brandon Szwalbenst, Dev Morris, and Andrew Stewart collaborated to secure financing on behalf of National Realty & Development Corp.,

Seven Hills Realty Trust closes $45m bridge loan for hotel acquisition

Boston, MA Seven Hills Realty Trust (SEVN) has closed a $45 million first mortgage floating rate bridge loan to finance the acquisition of Club Quarters Hotel, a 178-room hotel located at 161 Devonshire St.

Rockland Trust appoints Mason as leader for the non-profit banking division

Peabody, MA Rockland Trust has appointed Brian Mason as senior vice president, team leader for the bank’s growing non-profit banking team. In this newly created role, Mason will oversee a division of commercial bankers committed to developing customized financial solutions for non-profit organizations throughout New England.

Washington Trust provided financing to Rhode Island Hispanic Chamber of Commerce

Providence, RI Washington Trust provided $800,000 in financing to the Rhode Island Hispanic Chamber of Commerce for the purchase of property located at 359 Broad St., to be used as the chamber’s new headquarters.