Category: Finance

Manchester, NH Most multifamily renovations start with a standard stack: a few floor plans that are copy/pasted up multiple floors. Rendezvous on Elm began somewhere else entirely. 27 residences, 27 different floor plans, and a $10 million project built around the idea that a boutique building should feel boutique, from each angle and for every resident.

East Providence, RI Lee & Associates NYC’s Capital Advisory Group has arranged two commercial real estate financing transactions totaling $10.5 million, highlighting the team’s ability to

South Kingstown, RI The Washington Trust Company (Washington Trust) has financed a $28.8 million construction loan for new multifamily housing in Washington County.

After more than 20 years in commercial real estate valuation, I know that the hardest part of the work is not finding data. It is knowing which data matters, which assumptions deserve caution, and which conclusions can be relied on when real money is at risk.

Raymond, NH Langley Construction began construction of a new 3,600 s/f stand-alone branch for Granite State Credit Union. The project demands a unique understanding and expertise of the security needs of financial

Lawrence, MA Northmarq’s Boston Debt + Equity team led by Kevin Sykes, Ed Riekstins and Jeffrey Munoz arranged $22.855 million in acquisition financing for Elora Flats & Townhomes, a 104-unit mid-rise multifamily community located at 112-114 Marston St.

Norwood, MA Colliers completed the arrangement of $44.5 million in construction financing for 259 Lenox St., a 145-unit multifamily development. Colliers arranged the construction loan with Beacon Bank on behalf of the developer Tremont Asset Management LLC.

Worcester, MA JLL Capital Markets has arranged $39 million in financing for The Arbella at Bramble Hill, a recently completed, 123-unit, Class A active adult community. JLL worked on behalf of the developer, The United Group of Companies, Inc. (United Group) to secure the bridge loan through Eastern Bank for UW Senior, LLC (borrower).

Kingston, MA Rockland Trust has approved a $11 million financing package to support the development of Longview Behavioral Health, a new inpatient and outpatient behavioral health campus.

Over the last three to four decades, many successful real estate developers, sponsors, syndicators and operators have built substantial portfolios of commercial real estate using high-net-worth investor capital. Through careful acquisitions, development expertise, market appreciation and operational oversight, these sponsors have amassed portfolios worth tens or even hundreds of millions of dollars.

Boston, MA RE&FA’s spring and summer programming continued to highlight the trends and issues shaping the commercial real estate industry. In May, RE&FA hosted Data Centers in the Current CRE Landscape at The Retreat at 225 Franklin St. The program drew strong engagement and fostered thoughtful discussion around one of commercial real estate’s fastest-growing and most impactful sectors.

Hyannis, MA MassDevelopment issued $9 million in tax-exempt bonds on behalf of Harbor Health Services Inc. to help the nonprofit public health agency expand its community health center and serve additional patients.