Category: Finance

Rockland Trust acts as lead financier for a $13.8 million construction loan for ground-up construction of the new 5-story, 48-unit development

Rockland Trust acts as lead financier for a $13.8 million construction loan for ground-up constructi...

July 12, 2019
Brockton, MA Rockland Trust and NeighborWorks Southern Mass were joined by lieutenant governor Karyn Polito and mayor Bill Carpenter to celebrate the groundbreaking of Sycamore on Main, a 100% affordable housing
Groblewski and Garcia of Fantini & Gorga arrange $2.48 million financing for Eastway Plaza

Groblewski and Garcia of Fantini & Gorga arrange $2.48 million financing for Eastway Plaza

July 12, 2019
Brockton, MA Fantini & Gorga has arranged $2.48 million in acquisition financing for Eastway Plaza, located at 587 Centre St. Fantini & Gorga placed the financing on behalf of one of its long-standing clients.
Brookline Bank hires Matera as vice president in the bank’s commercial real estate banking division

Brookline Bank hires Matera as vice president in the bank’s commercial real estate banking divisi...

July 12, 2019
Brookline, MA Joan Matera has joined Brookline Bank as vice president in the bank’s commercial real estate banking division. Matera brings more than 20 years of commercial real estate banking and investment experience to Brookline Bank.
Worth Avenue Capital closes a $1 million loan

Worth Avenue Capital closes a $1 million loan

July 12, 2019
Bridgeport, CT Worth Avenue Capital, LLC (WAC) closed a $1 million loan to a real estate development group on a prime location in Fairfield County. This loan was funded as a “follow on” debt placement on a $3.5 million loan
HFF arranges $111.5m financing for 80 Guest St. at Boston Landing on behalf of the borrower, NB Development Group

HFF arranges $111.5m financing for 80 Guest St. at Boston Landing on behalf of the borrower, NB Deve...

July 12, 2019
Brighton, MA Holliday Fenoglio Fowler, L.P. (HFF) has arranged $111.5 million in first mortgage financing for 80 Guest St., a 245,720 s/f, trophy office and lab property situated in the Boston Landing master-planned development.
The Village Bank promotes Jirichian to assistant treasurer and hires Cavanaugh and Zacharer

The Village Bank promotes Jirichian to assistant treasurer and hires Cavanaugh and Zacharer

July 12, 2019
Auburndale, MA The Village Bank has promoted JoAnn Jirichian abd has hired Reilly Cavanaugh and Susan Zacharer. Jirichian, who joined The Village Bank in 2008, was promoted to assistant treasurer/branch manager
Real Estate Finance Association July update: Annual Summer Panel & Reception will take place on August 7<sup>th</sup>

Real Estate Finance Association July update: Annual Summer Panel & Reception will take place on Augu...

July 12, 2019
Boston, MA REFA’s Fundamentals programs are tailored as 101-type educational events covering various relevant and timely industry topics. On July 18th, REFA will be holding its second Fundamentals program of the year
Massachusetts Board of Real Estate Appraiser’s Hall of Fame Dinner - by Bill Pastuszek

Massachusetts Board of Real Estate Appraiser’s Hall of Fame Dinner - by Bill Pastuszek

July 12, 2019
Last week I attended the Massachusetts Board of Real Estate Appraiser’s Hall of Fame Dinner. The event was well-attended, happily so in an age of disinterest in attending meetings corporeally.
A view from the Maine woods - by Donald MacKay

A view from the Maine woods - by Donald MacKay

July 12, 2019
As an appraiser based in Orono, Maine and who specializes in timber properties I have an unusual perspective on the appraisal industry.  Most people view the northern forests of Maine and the surrounding region as vast and remote,
Emergency status for appraisal management companies bill - by Allan Cohen

Emergency status for appraisal management companies bill - by Allan Cohen

July 12, 2019
Yes, there will be an appraisal management company registration system in place before long. Massachusetts faces a deadline of August 10th to enact its system. Everyone in the State House says they know the deadline is coming.
Appraisal Foundation begins search for board candidates - deadline is Monday August 19<sup>th</sup>

Appraisal Foundation begins search for board candidates - deadline is Monday August 19th

July 12, 2019
Washington, DC According to the Appraisal Foundation, has  begun its national search for qualified candidates to serve on its two independent boards – the Appraiser Qualifications Board (AQB) and the Appraisal Standards Board (ASB).
Lowe of The Appraisers Collaborative earns SRA

Lowe of The Appraisers Collaborative earns SRA

July 12, 2019
Malden, MA Jonathan Granville Lowe, an appraiser at The Appraisers Collaborative has been awarded the Appraisal Institute’s prestigious SRA membership designation, which is held by appraisers who are experienced