Category: Finance

Surprenant of Goedecke arranges $44m in financing for 121 First - People’s United Bank provides financing to Urban Spaces

Surprenant of Goedecke arranges $44m in financing for 121 First - People’s United Bank provides fi...

January 11, 2019
Cambridge, MA Urban Spaces, a Cambridge-based commercial real estate development company, has finalized $44 million in permanent financing from People’s United Bank for 121 First, a 60,000 s/f mixed-use office property fully pre-leased to CarGurus
Cornerstone Realty Capital arranges $14.3m for True North Capital Ptrs.

Cornerstone Realty Capital arranges $14.3m for True North Capital Ptrs.

January 11, 2019
Braintree, MA Cornerstone Realty Capital has arranged $14.3 million in financing for True North Capital Partners for a 72-unit apartment complex. Paul Natalizio, president at Cornerstone led the financing for the property.
Worth Avenue Capital, LLC closes $125,000 loan to a Relais & Chateau branded hotel

Worth Avenue Capital, LLC closes $125,000 loan to a Relais & Chateau branded hotel

January 11, 2019
Mystic, CT Worth Avenue Capital, LLC (WAC) closed a $125,000 loan to a Relais & Chateau branded boutique hotel. The hotel is an existing WAC borrower and this loan was completed as a follow-on transaction in which the loan proceeds were used by the borrower as a partial payment
Spiegel Associates arranges $4.305 million loan for office building purchase - funded by a regional bank

Spiegel Associates arranges $4.305 million loan for office building purchase - funded by a regional ...

January 11, 2019
Jamaica Plain, MA Sidney Spiegel of Spiegel Associates arranged a $4.305 million loan for an office property. The loan was funded by a regional bank that saw the value of the property to the community. The property, located at 31 Heath St.
MassDevelopment issues a $1 million loan to Worcester Community Action Council, Inc. for Head Start program

MassDevelopment issues a $1 million loan to Worcester Community Action Council, Inc. for Head Start ...

January 11, 2019
Webster, MA MassDevelopment has issued a $1 million loan to the Worcester Community Action Council, Inc. (WCAC), an agency that offers a wide range of education, employment, and social service programs throughout 45 communities in Central Mass.
Real Estate Finance Association selects 2019 board of directors - D'Amato named president

Real Estate Finance Association selects 2019 board of directors - D'Amato named president

January 11, 2019
Boston, MA The Real Estate Finance Association (REFA) has named its board of directors for 2019. Travis D’Amato, senior vice president and managing director, Walker & Dunlop, will serve as president along with president-elect Claudia Piper, senior vice president at Webster Bank.
KeyBank Real Estate Capital arranges $31.5 million Freddie Mac loan with Chicago Pacific Founders and its affiliate CPF Living Communities

KeyBank Real Estate Capital arranges $31.5 million Freddie Mac loan with Chicago Pacific Founders an...

December 14, 2018
Topsham, ME KeyBank Real Estate Capital has arranged a $31.5 million Freddie Mac loan with Chicago Pacific Founders and its affiliate CPF Living Communities (CPF Living) for their Highlands Retirement Community. The loan proceeds were used to refinance an existing KeyBank balance sheet
Cornerstone Realty Capital completes $1.9 million in financing for a mixed-use property

Cornerstone Realty Capital completes $1.9 million in financing for a mixed-use property

December 14, 2018
Clinton, MA Cornerstone Realty Capital arranged $1.9 million in financing for a mixed-use property. The property consists of 16 apartments and two commercial spaces. The apartments feature a mix 4 one-bedroom and 12 two-bedroom units, all of which have undergone recent renovations including updated appliances, new cabinetry and new flooring. 
Hello to the commercial  real estate community! - by Scott Bussey

Hello to the commercial real estate community! - by Scott Bussey

December 14, 2018
Conn-Comp is working on its second major redesign in two years that will greatly deliver new value to our customers at no additional cost! We have been very busy speaking with our customers to provide a better product. We are committed to continual improvement!