Category: Finance

JLL arranges $140 million first mortgage construction financing with Bank OZK for 289,000 s/f office and lab development

JLL arranges $140 million first mortgage construction financing with Bank OZK for 289,000 s/f office...

September 13, 2019
Somerville, MA JLL has arranged $140 million in financing for 101 South St., a 289,000 s/f, class A office and lab development in the Boynton Yards area of the city. The project is under construction
AmeriCann secures $4 million in financing - placed by GVC Capital

AmeriCann secures $4 million in financing - placed by GVC Capital

September 13, 2019
Freetown, MA AmeriCann, Inc., a cannabis company that is developing cultivation, processing and product manufacturing facilities, has secured a $4 million investment to accelerate the second phase of construction at its Massachusetts Cannabis Center
Natalizio of Cornerstone Realty Capital arranges $3.8 million financing for Lawton Place

Natalizio of Cornerstone Realty Capital arranges $3.8 million financing for Lawton Place

September 13, 2019
Waltham, MA Cornerstone Realty Capital has arranged $3.8 million for the acquisition and renovation of a townhouse-style apartment building. The property, known as Lawton Place, consists of 11 three-bedroom units and one four-bedroom unit
MassHousing closes on $5.5 million in financing for 2Life Communities

MassHousing closes on $5.5 million in financing for 2Life Communities

September 13, 2019
Brookline, MA MassHousing has closed on a total of $5.5 million in affordable housing financing to 2Life Communities for the development of the Harold and Ronald Brown Family House, which will create 62 new, mixed-income
FinanceBoston arranges $2.568 million senior loan for a mixed-use property

FinanceBoston arranges $2.568 million senior loan for a mixed-use property

September 13, 2019
Rowley, MA FinanceBoston has arranged a $2.568 million senior loan secured by a mixed-use property. The property has direct frontage on the Essex County town’s main business corridor and benefits from numerous long-standing tenants.
Harvard and LISC Boston renew $10 million affordable housing investment

Harvard and LISC Boston renew $10 million affordable housing investment

September 13, 2019
Boston, MA Harvard’s flexible, low-cost $10 million investment with Local Initiatives Support Corp. (LISC) 20 years ago contributed to the creation or preservation of 3,108 units of diverse affordable housing in its host communities of Boston and Cambridge.
Worth Avenue Capital, LLC closes a $1.5 million construction line of credit to a CRE development group

Worth Avenue Capital, LLC closes a $1.5 million construction line of credit to a CRE development gro...

September 13, 2019
Hartford, CT Worth Avenue Capital, LLC (WAC) closed a $1.5 million construction line of credit  to a CRE development group on a highly visible sixteen acre CRE property in Fairfield County.
MassDevelopment and Greenfield Savings partner to finance Village Hill CoHousing

MassDevelopment and Greenfield Savings partner to finance Village Hill CoHousing

September 13, 2019
Northampton, MA MassDevelopment has partnered with Greenfield Savings Bank to provide Sunwood Builders, Inc. and Sunwood Development Corp. with loan financing for Village Hill CoHousing (VHC), an energy-efficient co-housing community
Real Estate Finance Association September update: Programming and the Annual REFA Gala

Real Estate Finance Association September update: Programming and the Annual REFA Gala

September 13, 2019
On September 11th, REFA held a program on “Financing and Designing for Resiliency,” focused on discussing the issues Greater Boston will face due to climate change, and how industry professionals are preparing to deal and recover from these weather patterns.
Southern Maine’s current appraisal environment & challenges (or, drinking through the fire hose) - by Russell Barrows

Southern Maine’s current appraisal environment & challenges (or, drinking through the fire hose) -...

September 13, 2019
The current residential appraisal environment in Southern Maine continues to be challenging, but mostly in a managing the near overwhelming workload. This appears to be directly related to a combination of extremely favorable interest rates as well as what is normally higher demand during a typical, yearly appraiser “cycle.”
Common sense in 2019 - by Bill Pastuszek

Common sense in 2019 - by Bill Pastuszek

September 13, 2019
This article was originally written in 2015. Seems like a long time ago. Interestingly how everything changes there are some fundamental concepts that don’t. A lot of economic behavior takes place based on a lack of knowledge and judgment and over-reliance on habit, benchmarks, or other factors founded
Appraising cold storage and food processing facilities - by Thomas Jensen

Appraising cold storage and food processing facilities - by Thomas Jensen

September 13, 2019
It is important for an appraiser to understand the difference between cold storage and food processing facilities compared to other forms of more traditional warehouse and manufacturing plants. The appraiser first needs to identify their unique physical characteristics
Trending Stories
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Quick Hits
JLL arranges $6.9 million acquisition financing for 100,255 s/f industrial site
Cronheim arranges $10 million in financing for 91-unit Rosewood Apartments
Berkeley Garbe secures $35.4 million debt financing with MetLife Investment Management
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Are appraisers on the same page as the assessor? - by Richard Seman
Are appraisers on the same page as the assessor? - by Richard Seman