Category: Finance

American Street Capital places $30.4 million loan for a 111-unit multifamily property in Brookline, MA

American Street Capital places $30.4 million loan for a 111-unit multifamily property in Brookline, ...

June 14, 2019
Brookline, MA American Street Capital (ASC) has arranged a $30.4 million loan for a 111-unit multifamily high rise. Built in 1965, the 15-story multifamily tower contains a unit mix of one and two-bedroom apartments averaging 1,014 s/f. 
Gallagher promoted to commissioner OCABR’s Division of Banks

Gallagher promoted to commissioner OCABR’s Division of Banks

June 14, 2019
Boston, MA According to the Office of Consumer Affairs and Business Regulation’s (OCABR) undersecretary Edward Palleschi, senior leadership appointments
Cornerstone arranges $2.9 million for the acquisition of two properties

Cornerstone arranges $2.9 million for the acquisition of two properties

June 14, 2019
Bridgeport, CT Cornerstone Realty Capital arranged $2.9 million in financing for two apartment buildings. One within the Black Rock neighborhood, the other towards the center of town
Worth Avenue Capital closes a $150,000 loan

Worth Avenue Capital closes a $150,000 loan

June 14, 2019
Manchester, CT Worth Avenue Capital, LLC (WAC) closed a $150,000 commercial loan to a wood pellet manufacturing company that is in its start up phase and will be located locally.
CBRE and Estreich & Co. place $60.586m for One Financial Plaza

CBRE and Estreich & Co. place $60.586m for One Financial Plaza

June 14, 2019
Hartford, CT CBRE Capital Markets’ Debt & Structured Finance team has arranged a $47.586 million senior loan and Estreich & Co. has arranged a $13 million mezzanine loan for the acquisition of One Financial Plaza in downtown. 
MassHousing provides Rogers Hall Corp. with $7.5 million in financing

MassHousing provides Rogers Hall Corp. with $7.5 million in financing

June 14, 2019
Lowell, MA Senior citizens and disabled residents living at the 61-unit Rogers Hall will have their affordable rents extended for at least 25 years and will see property improvements
Real Estate Finance Association June update: Programming and upcoming annual events

Real Estate Finance Association June update: Programming and upcoming annual events

June 14, 2019
Boston, MA On Thursday, May 30th, REFA Emerging Leaders participated in a behind the scenes tour of the Hub on Causeway Phase 2. Melissa Schrock, senior project manager, development at Boston Properties
FinanceBoston arranges $2 million bridge financing for vacant retail space in Boston's North End

FinanceBoston arranges $2 million bridge financing for vacant retail space in Boston's North End

May 10, 2019
Boston, MA FinanceBoston has arranged $2 million cash out bridge financing for a vacant retail space in the North End. Located near the TD Garden, Government Center and the North End
Nahigian and Cleary receive the James Felt Creative Counseling Award from The Counselors of Real Estate

Nahigian and Cleary receive the James Felt Creative Counseling Award from The Counselors of Real Est...

May 10, 2019
Chicago, IL Robert Cleary, CRE, senior vice president of Colliers International, and Rob Nahigian, CRE, principal of Auburndale Realty Company, have earned the James Felt Creative Counseling Award
HFF facilitates $400.6 million in acquisition financing for portfolio

HFF facilitates $400.6 million in acquisition financing for portfolio

May 10, 2019
Stamford, CT Holliday Fenoglio Fowler, L.P. (HFF) has arranged $400.6 million in acquisition financing for a 56-building light industrial portfolio totaling 3.1 million s/f in Westchester County
Understanding the impact of casinos on Mass. communities - by Greg Curtis

Understanding the impact of casinos on Mass. communities - by Greg Curtis

May 10, 2019
On May 21st at Atlantic Wharf, the Massachusetts and Rhode Island Chapter of the Appraisal Institute is pleased to welcome officials from the Massachusetts Gaming Commission as well as representatives
AI members benefit from  education/advocacy programs - by Robert Concannon

AI members benefit from education/advocacy programs - by Robert Concannon

May 10, 2019
The Appraisal Institute (AI) is a global membership association of professional real estate appraisers with a membership of over 26,000 members and almost 80 chapters. Members of the AI benefit from an array