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Category: Finance
Newmark arranges $143 million refinancing for 849-unit The Fairways in Derry, NH
August 8, 2025
Derry, NH Newmark has arranged a $143.1 million financing loan for The Fairways, an 849-unit class B apartment complex located at 1 Forest Ridge Rd. Vice chairman Ed Belz arranged the funding on behalf of landlord Makor Capital (Makor), a multifamily owner with numerous assets throughout New Hampshire and Massachusetts.
Gray, Gray & Gray, LLP included among the 100 largest privately held companies in Mass.
August 8, 2025
Canton, MA Gray, Gray & Gray, LLP, an accounting and business consulting firm, has been included among the 100 largest privately held companies in Massachusetts by the Boston Business Journal. The firm is ranked 99th with annual revenues of $38 million.
Worth Avenue Capital closes $1.6m loan for a Connecticut-based law firm
August 8, 2025
Old Saybrook, CT Worth Avenue Capital, LLC (WAC) has closed a $1.6 million commercial loan for a Connecticut-based law firm. The loan proceeds were used by the borrower to purchase a luxury property in the town, for $3.4 million. This loan is secured by a first mortgage on the aforementioned property with an underlying LTV of 47%.
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 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
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 - ...
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
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
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
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
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
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.
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