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Category: Finance
Growth of apartments in the Hartford Business District - by Elliott Pollack
April 12, 2019
Many of us have been impressed by the growth of apartments in the Hartford Central Business District and in its suburbs - including those aligned with the expanded New Haven to Springfield railroad capacity.
AI professional development programs available - by Jacqueline Beauchaine
April 12, 2019
To further help appraisers hone their skills; the Appraisal Institute offers professional development programs to real estate appraisers on cutting-edge, problematic, or advanced level topics. Topics for professional development programs cover a body of knowledge in a specialty allowing
Spiegel of Spiegel Associates places $3.28 million loan for mixed-use building
March 8, 2019
Mattapan, MA Sidney Spiegel of Spiegel Associates arranged a $3.28 million loan for a mixed-use property. The loan was funded by a regional bank that saw the value of the property to the community.
Coulombe, O’Donnnell and Hixon of Fantini & Gorga place $28.35m construction loan for mixed-use de...
March 8, 2019
Cambridge, MA Fantini & Gorga has arranged a $28.35 million construction loan for a well located, transit-oriented, mixed-use development featuring 46 residential condominiums, ground floor amenity retail and underground parking adjacent to the historic St. James Episcopal Church in Porter Sq.
Ranieri of NorthMarq’s White Plains office arranges $25.5m refinance of 486-unit Pebblebrook Apart...
March 8, 2019
New Britain, CT Robert Ranieri, senior vice president/managing director of NorthMarq’s White Plains-based regional office, secured the $25.5 million refinance of Pebblebrook Apartments, a 486-unit multifamily property located on Brittany Farms Rd.
Colliers Boston Capital Markets closes $16 million in acquisition financing for 10 Carematrix in Ded...
March 8, 2019
Dedham, MA Colliers Boston Capital Markets team has arranged acquisition/rehab financing for a healthcare rehabilitation center located at 10 Carematrix Dr. The 63,000 s/f healthcare center was purchased by GFI Partners, a Boston-based investor/developer, and their partner, Walden Behavioral Care.
Cornerstone Realty Capital arranges $5.7 million acquisition financing
March 8, 2019
Salem, NH Cornerstone Realty Capital arranged $5.7 million for the acquisition of Rosewood Apartments, a 42 unit apartment complex. The complex features 7 two-story buildings with a mix of 14 two-bedroom, one-bathroom units, 4 two-bedroom, one-bathroom units with a study
Washington Trust provides $1.34 million financing to MCG Cromwell, LLC
March 8, 2019
Cromwell, CT Washington Trust’s Commercial Real Estate Group provided $1.34 million in financing to MCG Cromwell, LLC, for the construction of a Dollar General store. Located on a 1.2 acre parcel at 539 Main St. (Rte. 99),
Worth Avenue Capital closes $3.5 million line of credit to a CRE dev. group
March 8, 2019
Hartford, CT Worth Avenue Capital, LLC (WAC) closed a $3.5 million line of credit to a CRE development group. The purpose of the loan is to provide construction financing on a bridge basis to enable the borrower to continue the construction and development
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