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Category: Finance
Engage your constituents: Prospects can be engaged - by David Kirk
September 13, 2019
Before algorithmic failure, robo call default or call bank ball drops, engage your constituents. Clients and customers and respective prospects can be engaged. The deal is more than a transaction. Always more than trivial and frequently strategic, commercial real estate decisions
Short term volatility has long term impacts on real estate - by Daniel Calano
September 13, 2019
You’ve probably noticed recent dramatic volatility in everything from politics to money markets to overall attitude. Some has been brought on by tweets, overnight policy changes, and some by news reporters’ viewpoints. One day it’s positive; next day it’s negative.
Coulombe of Fantini & Gorga places $2.25 million loan for multi-tenant property located at 309 Moody...
August 9, 2019
Waltham, MA Fantini & Gorga has completed the placement of $2.25 million acquisition financing for a multi-tenant property on Moody St. Derek Coulombe, senior managing director at Fantini & Gorga placed the loan with a small regional bank.
Knighthead Funding provides $37.75 million loan for hotel conversion for a local partnership operati...
August 9, 2019
Cambridge, MA Knighthead Funding, LLC has originated a $37.75 million loan for the completion of an upscale independent 67-room hotel. With Knighthead Funding’s 24-month financing, the sponsor, a local partnership operating as Sean Casey, LLC
Sidel of EagleBridge Capital arranges $5.245 million in acquisition/permanent mortgage financing
August 9, 2019
Marlborough, MA EagleBridge Capital has arranged acquisition/permanent mortgage financing in the amount of $5.245 million for 33 Locke Dr. The mortgage financing was arranged by EagleBridge principal Ted Sidel
Eastern Bank completes three construction loans totaling $8 million for Arista Development, LLC
August 9, 2019
Framingham, MA Eastern Bank has completed three construction loans totaling $8 million to Norwood-based developer Arista Development, LLC, for ground-up construction of free standing retail properties in Framingham, Bedford, N.H., and Providence.
Cornerstone Realty Capital arranges $2 million in financing
August 9, 2019
Brighton, MA Cornerstone Realty Capital has arranged $2 million in financing for a three-unit property situated in a transit-oriented location in the city. The property features a mix of 1 three-bedroom, two-bathroom unit, 1 five-bedroom,
KeyBank secures $50m in Freddie Mac financing for The Dolben Company
August 9, 2019
Salem, NH KeyBank Real Estate Capital has secured $50 million in Freddie Mac financing for The Dolben Company, to refinance a 256-unit, class-A mid-rise apartment complex. Built this year, Corsa Tuscan Village North
Cain International and Madison Realty Capital arrange financing to develop the Raffles Back Bay
August 9, 2019
Boston, MA Cain International and Madison Realty Capital (MRC) complete financing to develop the Raffles Boston Back Bay Hotel & Residences at 40 Trinity Place. Cain, which will provide the majority of the equity to develop this marquee property
MassHousing closes on $11.2m in affordable housing financing
August 9, 2019
East Boston, MA MassHousing has closed on a total of $11.2 million in affordable housing financing to WinnCompanies for the development of 22 new rental housing units and 30 new condominiums on the waterfront. The Clippership Apartments and Clippership Condominiums
People’s United Bank to acquire United Financial
August 9, 2019
Bridgeport, CT People’s United Bank, N.A. a subsidiary of People’s United Financial, Inc., has entered an agreement to acquire United Financial Bancorp, Inc., the holding company for United Bank, in a 100% stock transaction valued at $759 million.
Bridgewater Savings Bank promotes Pereira
August 9, 2019
Raynham, MA Bridgewater Savings Bank (BSB) has promoted Diane Pereira to assistant vice president and marketing officer.
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