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Category: Finance
Lanciloti of Suburban Appraisal Services awarded the Appraisal Institute’s AI-RRS designation
August 9, 2019
Malden, MA William Lanciloti Jr., SRA, AI-RRS of Suburban Appraisal Services has been awarded the Appraisal Institute’s AI-RRS designation, a designation held by real estate appraisers who are experienced in residential appraisal review. The designee, Lanciloti, was honored
Cornerstone Realty Capital places $2.8 million for acquisition of a mixed-use property
July 12, 2019
Hingham, MA Cornerstone Realty Capital has arranged $2.8 million in financing for a mixed-use property. The property includes a total of 17 units, comprised of 14 office and three retail units occupied by a pizza restaurant, a dry cleaner
Boston Realty Advisors secures $30.9m construction financing on behalf of sponsor, Jones Street Inve...
July 12, 2019
North Attleborough, MA Boston Realty Advisors has secured a $30.9 million construction loan for the ground up redevelopment of 21 East St. – a class A apartment property consisting of 193 market rate apartment units and 11,500 s/f of retail.
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
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 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
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 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
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 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
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
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,
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