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Category: Finance
Northwest Bank finances Luzern Associates’ $47.75m acquisition
October 16, 2026
Danvers, MA Northwest Bank provided $34.5 million in financing to support Luzern Associates LLC’s $47.75 million acquisition of the Cherry Hill industrial portfolio, a three-building campus totaling 200,000 s/f.
Berkeley Garbe secures $35.4 million debt financing with MetLife Investment Management
October 9, 2026
Billerica, MA Berkeley Garbe has secured a $35.4 million financing package for 161 Concord Rd., a new advanced manufacturing and innovation hub that is 30% complete following the start of construction in June. The project is on track to be completed in April 2027.
Essex Bank continues to celebrate 175 years with a contribution to the Clinton Art Society
October 9, 2026
Clinton, CT As part of its 175th anniversary celebration, Essex Bank continued its celebration with a contribution of $1,851 to the Clinton Art Society (CAS). The monthly donation amount of $1,851 reflects the bank’s founding year.
Avatar Financial Group provides $6.45 million bridge loan for Hotel Providence
October 9, 2026
Providence, RI Avatar Financial Group LLC (Avatar) has provided a $6.45-million bridge loan to finance the acquisition of Hotel Providence, an 80-room boutique hotel in the downtown. The two-year, first-lien loan
Rockland Trust to provide $22m financing package for Pennrose
October 9, 2026
Lenox, MA Rockland Trust is providing a $22 million financing package to support Pennrose’s development of a new 68-unit mixed-income residential community at 238 Pittsfield Rd. The project will expand affordable and workforce housing opportunities in Berkshire County, helping address one of the region’s most pressing housing challenges.
Dinosaur Capital and Mugar Ent. secure $44 million financing for 31 Milk St.
October 9, 2026
Boston, MA JLL Capital Markets has arranged $44 million in financing for 31 Milk St., an adaptive reuse multifamily redevelopment in Downtown.
Affinius Capital and Axonic Capital provide $45.8 million construction loan for 130-unit multifamily...
September 25, 2026
Lexington, MA Affinius Capital LLC (Affinius Capital), in partnership with Axonic Capital LLC (Axonic), originated a $45.8 million loan to finance the ground-up development of 7 Hartwell Ave., a to-be-built, 130-unit, Class A multifamily property with 400 s/f of retail.
Rockland Trust promotes Bekier, Descormiers, Saad, and Duprey-Santiago to officer roles
September 25, 2026
Rockland, MA Rockland Trust has promoted four banking professionals, Patrick Bekier, Sonia Descormiers, Gaby Saad, and Ana Duprey-Santiago, to business banking officer roles. Leveraging more than 50 years of combined
North Easton Savings Bank closes $15.2 million financing
September 18, 2026
Easton, MA North Easton Savings Bank (NESB) has completed the closing of a $15.2 million financing for Salisbury Cultivation and Product Manufacturing, LLC, doing business as Root & Bloom and Road Trip.
JLL advises on $856m in financing across The Millennium Residences and The Offices at Winthrop Cente...
September 18, 2026
Boston, MA JLL’s Capital Markets group has advised Millennium Partners on the $281 million financing for The Millennium Residences and the $575 million loan for The Offices at Winthrop Center.
Eastern Bank provides financing for multi-site affordable senior housing development project
September 11, 2026
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
JLL arranges $6.9 million acquisition financing for 100,255 s/f industrial site
September 11, 2026
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,
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