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Category: Finance
Complexities of office building valuation - by John Nitz
February 14, 2025
Appraising office buildings has become more and more difficult in recent years. In years past, the valuation of office buildings involved employing the three approaches to value with specific attention typically given to the sales comparison approach and the income
N.H. and Vermont Chapter of the Appraisal Institute names White as the 2025 president
February 14, 2025
Dover, NH The New Hampshire and Vermont Chapter of the Appraisal Institute has named Brian White, MAI, SRA as the 2025 president of the chapter. The MAI designation is the highest commercial designation awarded by the Appraisal Institute who
Now we know...or not? - by Daniel Calano
February 14, 2025
Finally, the election is over, and the going-forward consequences of a new administration, good or bad, are known. Last month I wrote about what was likely, once the President, and his officials, staff, advisors, et al, entered office, and how his actions would impact real
A busy start to 2025: REFA brings exciting events to the CRE community
February 14, 2025
Boston, MA REFA is pleased to be supporting Breaktime and FamilyAid Boston as their Charitable Partners for the third year! Breaktime and FamilyAid are the designated charities of REFA’s signature events, including the Charitable Golf
Cronheim Mortgage secures $9 million refinancing for two National Realty & Development Corp. shoppin...
January 17, 2025
Derby, VT Cronheim Mortgage has secured $9 million for the refinancing of two shopping centers: Shaw’s Plaza in Derby, VT and Kohl’s Plaza in Wallingford, CT. Brandon Szwalbenst, Dev Morris, and Andrew Stewart collaborated to secure financing on behalf of National Realty & Development Corp.,
Seven Hills Realty Trust closes $45m bridge loan for hotel acquisition
January 17, 2025
Boston, MA Seven Hills Realty Trust (SEVN) has closed a $45 million first mortgage floating rate bridge loan to finance the acquisition of Club Quarters Hotel, a 178-room hotel located at 161 Devonshire St.
Rockland Trust appoints Mason as leader for the non-profit banking division
January 17, 2025
Peabody, MA Rockland Trust has appointed Brian Mason as senior vice president, team leader for the bank’s growing non-profit banking team. In this newly created role, Mason will oversee a division of commercial bankers committed to developing customized financial solutions for non-profit organizations throughout New England.
Washington Trust provided financing to Rhode Island Hispanic Chamber of Commerce
January 17, 2025
Providence, RI Washington Trust provided $800,000 in financing to the Rhode Island Hispanic Chamber of Commerce for the purchase of property located at 359 Broad St., to be used as the chamber’s new headquarters.
Pyramid Management secures loan extension for Holyoke Mall
January 17, 2025
Holyoke, MA Pyramid Management Group, one of the largest, most innovative, privately-held shopping center developers in the Northeast, has worked with its lender to secure a three-year extension for the loan on Holyoke Mall at Ingleside. This extension will allow Pyramid to continue to reinvest in the property
MassDevelopment issues $43.68 million tax-exempt bond on behalf of Middlesex School for new 80,000 s...
January 17, 2025
Concord, MA MassDevelopment has issued a $43.68 million tax-exempt bond on behalf of Middlesex School, an independent secondary school for boarding and day students in grades 9-12. The school will use proceeds to build a new 80,000 s/f field house building featuring multi-purpose practice courts,
JLL closes sale and financing of seniors housing portfolio for Harrison Street and Brightview Senior...
January 17, 2025
Boston, MA JLL’s Capital Markets group announced today that it has completed the sale and financing of an eight-property seniors housing portfolio totaling 1,186 units within four major metropolitan areas in the Mid-Atlantic and Northeast.
2025 Connecticut Chapter of the Appraisal Institute update: New year – New opportunities!
January 17, 2025
On December 16, 2024 the Connecticut Chapter held its annual holiday party/installation of officers and directors. The 2025 slate of officers and directors were installed by National 2024 vice president Michael Mignogna, MAI, SRA at Verdi Restaurant, Waterbury, CT.
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