Oak Bluffs, MA The nonprofit Island Housing Trust and joint-venture partner, Affirmative Investments Inc., have secured $31 million from Rockland Trust for the construction of Tackenash Knoll, a 60-unit affordable housing neighborhood coming in May 2027. “At Rockland Trust, we’re proud
Westerly, RI The Washington Trust Company, the oldest community bank in the nation, marks 225 years of commitment to the businesses and families of Rhode Island and New England. Since opening its doors on August 22, 1800, Washington Trust has grown to become
Andover, ME Bangor Savings Bank is expanding their Massachusetts-based mortgage loan office team, welcoming Tom Marroni as a mortgage loan officer. With over 30 years of experience in the banking and mortgage industry, Marroni brings a wealth of expertise
The 50% Rule refers to the limitation that a homeowner can spend when renovating or repairing a dwelling that is located in a flood zone. More specifically, FEMA allows for repairs, renovations and/or improvements that don’t exceed 50% of the contributory value of the structure and appurtenances.
About six months ago, or so, Artificial Intelligence was new news, with both hope and promise. It was predicted the progress would show results within a few years. The main question afloat was whether AI would improve worker and company productivity, or would it ultimately reduce the need for workers.
Boston, MA Preparations have begin for the 37th Annual REFA Gala. Sponsorships and tickets are available for the 37th Annual REFA Gala on Thursday, October 17th at the Omni Boston at the Seaport, honoring National Development with the Swain Distinguished Service Award.
Boston, MA Whether you’re an experienced commercial real estate professional or new to the industry, Boston University’s program equips you for greater success.
Norwalk, CT Atlantic Capital Partners Debt and Equity Platform has completed the closing of a $23 million refinance on behalf of Hall Investments, secured by a long-term Lowe’s ground-lease located at 100 Connecticut Ave. The refinancing was executed at a fixed interest rate of 5.17%.
Hanover, MA Rockland Trust has made three promotions within its business banking group. These changes reflect the team’s continued growth in size and strategic scope.
Boston, MA JLL?Capital Markets has arranged $132 million in financing for The Viridian, a 342-unit luxury multifamily community with fully leased ground-floor retail in the city’s Fenway neighborhood. JLL worked on behalf of the borrower, The Abbey Group,
Lowell, MA MassDevelopment has issued an $11.325 million tax-exempt bond on behalf of The Finishing Trades Institute of New England Trust (FTINE). A nonprofit affiliate of District Council 35 of the International Union of Painters and Allied Trades, FTINE is a postsecondary educational
Lowell, MA Hunneman has closed financing for Isobel Lofts, a 26-unit multifamily redevelopment currently under construction in downtown. The firm worked to facilitate financing on behalf of the project’s developer, Nine Zero Two Development, a boutique real estate development company