Category: Finance

Metro Credit Union expands technology, locations and talent

Metro Credit Union expands technology, locations and talent

May 10, 2019
Chelsea, MA According to Robert Cashman, president and CEO of Metro Credit Union, the bank has embarked upon major strategic investments in technology, physical locations
Surveys, pundits, and the big picture - by Bill Pastuszek

Surveys, pundits, and the big picture - by Bill Pastuszek

May 10, 2019
We know that real estate markets are highly stratified, pretty illiquid and not overly transparent. There are not huge numbers of buyers, sellers, and transactions in a lot of asset classes.
CIT Group and Square Mile Capital Management provide $63.9m construction financing for the development of The Caldwell

CIT Group and Square Mile Capital Management provide $63.9m construction financing for the developme...

May 10, 2019
Lynn, MA CIT Group Inc. and Square Mile Capital Management LLC has originated a $63.9 million loan to finance the development of The Caldwell, a 259-unit, 180,000 s/f high-rise rental residential project with ground floor retail.
Worth Avenue Capital closes four transactions in first quarter of 2019

Worth Avenue Capital closes four transactions in first quarter of 2019

May 10, 2019
Hartford, CT Worth Avenue Capital, LLC (WAC) closed four transactions totaling $4.145 million during the first quarter of 2019 which included a $3.5 million LOC to a real estate development group.
Chance to recognize condemnation value rule lost - by Elliott Pollack

Chance to recognize condemnation value rule lost - by Elliott Pollack

May 10, 2019
In an unanimous opinion sustaining an almost $3 million increased condemnation award for the taking of property near a baseball stadium to be constructed in Hartford, now tenanted by the Hartford Yard Goats
Real Estate Finance Association spring  programming and upcoming annual events

Real Estate Finance Association spring programming and upcoming annual events

May 10, 2019
Boston, MA REFA held its first Women’s Roundtable program of the year on May 1st. Elizabeth Lowrey, principal and director of interior architecture with Elkus Manfredi Architects
 Groblewski  and Feig of Fantini & Gorga arranges $11.5m financing

Groblewski and Feig of Fantini & Gorga arranges $11.5m financing

May 10, 2019
Lake Worth, FL Boston-based Fantini & Gorga arranged an $11.5 million first mortgage loan for the construction of a self-storage facility in Lake Worth. Fantini & Gorga placed the financing
Zaxia AVM for CRE helps lenders make the right loan - by Vaughan Hennum

Zaxia AVM for CRE helps lenders make the right loan - by Vaughan Hennum

May 10, 2019
An earlier article discussed how the Zaxia AVM for CRE helps a commercial loan officer excel in today’s more complex regulated environment. This article will discuss
Buscone and Osborne promoted to executive vice president at Eastern

Buscone and Osborne promoted to executive vice president at Eastern

May 10, 2019
Boston, MA According to Eastern Bank, Gregory Buscone and Matthew Osborne have been promoted to executive vice president, senior commercial banking officer. Both are also members
Growth and underwriting: Keep your hands on the wheel - by David Kirk

Growth and underwriting: Keep your hands on the wheel - by David Kirk

May 10, 2019
Commercial real estate investment benefits generally from economic growth. Slicing and dicing the data and going deeper than the headlines and sound bites provides greater comfort for the commercial propert
Goedecke & Co., LLC assembles a new team in Westport, CT office

Goedecke & Co., LLC assembles a new team in Westport, CT office

May 10, 2019
Westport, CT Goedecke & Co., LLC, one of New England’s largest privately held mortgage banking companies, has appointed Jay Marshall as executive vice president and Katharine Lombardo
Former trustee and vice president of  the MBREA, Russell passes away

Former trustee and vice president of the MBREA, Russell passes away

May 10, 2019
Boston, MA The Massachusetts Board of Real Estate Appraisers (MBREA) is saddened to note the death of William Russell, RA, a former MBREA Trustee and Officer.