Following the failure of Silicon Valley Bank and other regional lenders this year, and the increased regulatory scrutiny and the shift of deposits to larger banks, it is no surprise that regional banks have tightened lending standards for commercial real estate (CRE) loans.
Shrewsbury, MA JLL Capital Markets has arranged the sale of The Residence at Orchard Grove, a senior community with independent and assisted living and memory care. The sale price was not disclosed.
Boston, MA According to CBRE, commercial real estate veteran Michael Joyce has joined CBRE as vice chairman, the highest rank for advisory & transaction professionals within the company. Based in CBRE’s downtown office, Joyce joins the urban leasing team and will focus on both investor and occupier leasing.
Danvers, MA Hancock Associates, a leading provider of land surveying, civil engineering and wetland science services, has announced the semi-retirement of Charlie Wear, PE LEED. Charlie joined the firm in 2021 and was a senior project manager
Boston, MA According to Historic Boston Inc. and the Urban Farm Institute of Boston, the institute has purchased the historic Fowler Clark Epstein Farm, at 487 Norfolk Ave. in Mattapan, a property redeveloped by HBI for UFI in 2018.
Lynn, MA MassDevelopment has issued a $6.9 million tax-exempt bond on behalf of LEO Inc., a nonprofit community action agency, which will use proceeds to renovate its existing headquarters at 156 Broad St. and 2-4 Farrar St. to expand access to early education and care for low-income children in the region.
Lawrence, MA Gary Sidell is pleased to announce that Andy X. Vargas has joined Bell Tower Commercial Real Estate Group as a sales agent. Vargas brings local market knowledge to help businesses grow throughout the Merrimack Valley. He previously
Boston, MA Shawmut Design and Construction, a leading $1.6 billion national construction management firm, is hiring two experienced business development directors to its New England region. Michael Christopher, a former leader at the Boston Planning
South Yarmouth, MA Brad Kuhrtz of Commercial Realty Advisors has negotiated the sale of a 12,000 s/f industrial warehouse located at 46 Commonwealth Ave. for a sale price of $2.675 million. The property was acquired by Gas Man LLC, represented by Mark Boudreau, Esq.,
Framingham, MA Marcus & Millichap brokered the sale of Rose Garden Apartments for $16.5 million. “Framingham’s real estate market has experienced consistent growth in recent years, driven by factors such as its suburban charm, proximity to Boston, and thriving retail corridor
