Category: Finance

State differences in registering an Appraisal Management Co. - by Allan Cohen

State differences in registering an Appraisal Management Co. - by Allan Cohen

May 10, 2019
I have seen the form used by New Hampshire for registering as an Appraisal Management Company (AMC) and it is simple. Complete the form, pay the fee and be registered. This is similar to Maine, Rhode Island
Natalizio of Cornerstone Realty Capital<br>handles $6.3 million in financings

Natalizio of Cornerstone Realty Capital
handles $6.3 million in financings

May 10, 2019
Boston, MA Cornerstone Realty Capital has arranged $5 million in financing for a five-story brownstone in Beacon Hill. The recently renovated lodging house features 11
Colliers International arranges $84m capitalization of 259-unit Caldwell apartment tower

Colliers International arranges $84m capitalization of 259-unit Caldwell apartment tower

May 10, 2019
Lynn, MA Colliers International’s Boston Capital Markets group has arranged nearly $84 million in capital for the development of Caldwell, a 10-story, 259-unit,
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