Holyoke, MA Pyramid Management Group, one of the largest, most innovative, privately-held shopping center developers in the Northeast, has worked with its lender to secure a three-year extension for the loan on Holyoke Mall at Ingleside. This extension will allow Pyramid to continue to reinvest in the property
Concord, MA MassDevelopment has issued a $43.68 million tax-exempt bond on behalf of Middlesex School, an independent secondary school for boarding and day students in grades 9-12. The school will use proceeds to build a new 80,000 s/f field house building featuring multi-purpose practice courts,
Boston, MA JLL’s Capital Markets group announced today that it has completed the sale and financing of an eight-property seniors housing portfolio totaling 1,186 units within four major metropolitan areas in the Mid-Atlantic and Northeast.
Boston, MA The Real Estate Finance Association (REFA) has named its board of directors for 2025: Jill Sharif, vice president-national business development, Commonwealth Land Title Insurance Company – National Commercial Services, will serve as president, along with president-elect John Roach,
Chestnut Hill, MA MassDevelopment has issued a $16.5 million tax-exempt bond on behalf of the Brimmer and May School (Brimmer), an independent day school serving students in pre-kindergarten through grade 12. Brimmer will use proceeds to demolish
Somerset, MA Brady Capital Advisors, LLC (BCA) has arranged and facilitated $29.1 million in acquisition and renovation financing for Shawomet Gardens, a 240-unit residential portfolio located on 12.46 acres at 102 Shawomet Ave.
Allston, MA FAM Asset Management, Arx Urban, and Boylston Properties, closed on a $58 million loan from Aareal Bank to refinance 525 LINC, a coliving development that opened its doors in January 2024. 525 LINC includes 80 coliving suites and studios, equaling 279 rentable bedrooms, in a mix of studios, 3- and 4-bedroom suites.
Norwich, CT Guilford Savings Bank (GSB) and Eastern Connecticut Savings Bank intend to merge, combining two organizations with deep roots in the Connecticut communities they serve. This partnership, approved unanimously by both boards, will create a bank with $1.4 billion in combined assets and 25,000 clients.
Boston, MA Greystone, a leading national commercial real estate finance company, has assisted Webster Bank N.A. in completing a $303 million Freddie Mac Q-Series securitization. The transaction was collateralized by 19 loans, secured by 31 properties with a total of 1,236 units, all located on the East Coast.
Montville, CT Worth Avenue Capital, LLC (WAC) has closed a $1 million real estate development loan towards the construction of a new 22-unit condominium complex. This loan was funded as a “follow on” construction line of credit after the initial $2.5 million construction loan
