Category: Finance

South Shore Bank welcomes Jussaume as team leader, commercial banking

South Shore Bank welcomes Jussaume as team leader, commercial banking

August 8, 2025
Weymouth, MA Steve Jussaume has joined South Shore Bank as a commercial real estate team leader, according to Stephen DiPrete, chief commercial banking officer.
Connecticut addresses residential appraiser shortage by allowing Practical Applications of Real Estate Appraisal

Connecticut addresses residential appraiser shortage by allowing Practical Applications of Real Esta...

August 8, 2025
Effective May 29, 2025 the state of Connecticut has implemented updates to the Regulations of Connecticut State Agencies, informally known as the Appraisal Regulations, which would permit appraisal applicants to qualify to sit for the Appraisal Licensing Exam. Over the course of several months, beginning in November of 2024,
AI marries other AI… for better or worse - by Daniel Calano

AI marries other AI… for better or worse - by Daniel Calano

August 8, 2025
Have you recently been writing using Microsoft Word, and it finishes a sentence for you? Were you thrilled, or mad that it said something you did not want? Did you even notice?
Real Estate Finance Association’s summer lineup  tees up industry insight and charitable impact -  Emerging Leaders Summer Panel & Reception

Real Estate Finance Association’s summer lineup tees up industry insight and charitable impact - ...

August 8, 2025
Boston, MA On Wednesday, July 23rd, at The Retreat, 225 Franklin St., REFA Emerging Leaders presented the sold out 2025 Summer Panel & Reception. They explored what distress really means in today’s commercial real estate market. The moderator, Elizabeth Berthelette,
MassDevelopment issues $6 million tax-exempt bond for Plummer Youth Promise project

MassDevelopment issues $6 million tax-exempt bond for Plummer Youth Promise project

July 11, 2025
Salem, MA MassDevelopment has issued a $6 million tax-exempt bond on behalf of Plummer Youth Promise, Inc., a nonprofit human services provider that seeks to improve outcomes for young people in or at risk of entering state foster care.
Marcus & Millichap arranges $18.7m <br>financing for three multifamily properties

Marcus & Millichap arranges $18.7m
financing for three multifamily properties

July 11, 2025
Worcester, MA Marcus & Millichap Capital Corp. (MMCC) arranged $18.65 million in financing for three multifamily properties located in Worcester, Framingham and Waltham. Robert Damigella, managing director in MMCC’s Boston office,
Larew Doyle & Assocs. arranges $15.9 million <br>land acquisition financing for Laurelmead

Larew Doyle & Assocs. arranges $15.9 million
land acquisition financing for Laurelmead

July 11, 2025
Providence, RI Larew Doyle & Associates placed $15.9 million in land acquisition financing on behalf of Laurelmead, a senior living community. The financing enabled Laurelmead to acquire the land beneath its community, previously leased
Preservation of Affordable Housing secures $23.5 million <br>in financing from Rockland Trust and Citizens Bank

Preservation of Affordable Housing secures $23.5 million
in financing from Rockland Trust and Ci...

July 11, 2025
Cambridge, MA The nonprofit Preservation of Affordable Housing (POAH) has secured $23.5 million in financing from Rockland Trust and Citizens Bank to transform a 150-year-old, underutilized church complex into housing. The project will ultimately create 46 affordable family-sized apartments.
Cambridge Savings Bank opens new branch at 734 Dudley St. in Dorchester, MA

Cambridge Savings Bank opens new branch at 734 Dudley St. in Dorchester, MA

July 11, 2025
Dorchester, MA Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and $7 billion in assets, has opened its newest branch. The official opening of the new branch at 734 Dudley St. marks the bank’s expansion to 19 physical locations across the region.
Rodolfy joins Eastern Bank as sr. vice president, commercial real estate relationship manager

Rodolfy joins Eastern Bank as sr. vice president, commercial real estate relationship manager

July 11, 2025
Boston, MA Eastern Bank welcomes Joseph Rodolfy as a senior vice president, commercial real estate relationship manager. Rodolfy brings over 13 years of banking experience with a focus on commercial real estate and credit analysis.
JLL secures $92 million in financing for <br>Fordham Park Robotic and Logistics site

JLL secures $92 million in financing for
Fordham Park Robotic and Logistics site

July 11, 2025
Wilmington, MA JLL Capital Markets secured $92 million in financing for Fordham Park Robotic and Logistics Campus, a three-building robotics, R&D and distribution park.
Conn. hospitality market: A technical appraisal perspective on market dynamics and valuation challenges (2019-2025)

Conn. hospitality market: A technical appraisal perspective on market dynamics and valuation challen...

July 11, 2025
The Connecticut hospitality market has demonstrated uneven recovery patterns between 2019 and 2025, with boutique and historic properties achieving $125 RevPAR in 2025, up 8.7% from the 2019 level. Coastal resort properties achieved a $105 RevPAR in 2025, representing 10.5% growth since 2019.