Category: Finance

Tamworth, NH Eastern Bank is financing a multi-site affordable senior housing development in four New Hampshire communities — Tamworth, Bethlehem, Manchester and Pelham. Sponsored by Housing Initiatives of New England Corp., a nonprofit developer and

Brunswick, ME JLL Capital Markets arranged $6.9 million in acquisition financing for 43 Bibber Pkwy., a 100,255 s/f shallow-bay industrial building. JLL worked on behalf of the borrower, Queen City Development Group,

Norwich, CT EagleBridge Capital, has arranged construction to permanent mortgage financing in the amount of $13.3 million for The South Hills at Riverview apartments. The mortgage was arranged by EagleBridge senior director Brian Walsh who stated that the loan was provided by a leading regional lender.

Essex, CT Essex Bank’s board of directors has allocated $69,500 to 22 organizations, continuing a program that began in 1995. As part of the Community Investment Program (CIP), contributions to participating nonprofits are voted on by the bank’s board of directors.

Boston, MA Synergy, a real estate investor, operator, and manager, has completed a strategic repositioning project and refinancing of 101 Arch St. Synergy has invested over $20 million in 101 Arch since acquiring the building in March 2024. This investment accompanies more than 220,000 s/f of signed leases at the building since Synergy’s acquisition, showcasing the team’s commitment to enhancing the tenant experience and the continued resurgence of the downtown office market.

Providence, RI Beacon Bank broke its previous summer food drive records in Rhode Island with its recently completed effort to help combat food insecurity, collecting more than 7,500 pounds of food that will benefit 14 local food pantries.

Needham, MA Barings has provided a $72.6 million loan to a joint venture between Cross Ocean Partners and Lincoln Property Company to support the acquisition of 140 Kendrick St., a Class A office campus. The partnership acquired the campus from BXP in December 2025 in a $132-million deal brokered by Newmark

b>Bedford, MA JLL Capital Markets arranged $62.5 million in financing for 44 Middlesex Tpke., a 23.4-acre advanced manufacturing campus. JLL worked on behalf of the borrower, a partnership between Wheelock St. Capital and Camber Development, to secure the loan through Blue Light Capital.

The housing market is facing a critical inventory shortage, leaving many young families and first-time homebuyers completely locked out of homeownership. Surprisingly, a major cause of this logjam is an outdated tax law that has not changed since 1997.

Danvers, MA JLL Capital Markets  arranged the $13.5 million sale and financing of the 96-room Residence Inn Boston North Shore/Danvers, an extended-stay hotel with approved conversion rights to an 88-unit multifamily residential community. The property is located at 51 Newbury St., 20 miles north of Boston.

Manchester, NH The Rockland Trust Foundation has awarded a $50,000 grant to the Mark Stebbins Community Center (MSCC) in support of the new Mark Stebbins Community Center facility on the city’s West Side. The 20,000 s/f multi-service facility, opening on September 9th, will bring healthcare, youth programming, food access, and family support services together under one roof, creating a centralized hub for children and families in one of the city’s most underserved neighborhoods.

New Haven, CT M&T Realty Capital Corp. (M&T RCC) completed the closing of a $31.9 million bridge loan for Estelle New Haven, a newly constructed 96-unit Class A multifamily community located at 19 Elm St. in downtown. The financing will support the property’s continued lease-up and stabilization while refinancing existing construction debt.