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Category: Finance
Walker & Dunlop, Inc. finances $137.288 million for LUKA on the Common - a 398-unit, 30-story proper...
November 8, 2024
Boston, MA Walker & Dunlop, Inc. has financed $137.288 million for LUKA on the Common, a 398-unit, 30-story trophy asset located in downtown. The Walker & Dunlop Boston investment sales team, under the leadership of managing directors Travis D’Amato and Michael Coyne, facilitated the sale
Data, judgment and analysis - by William Pastuszek
November 8, 2024
The following falls into the category of Broadly Generalizing, but the issues need to be discussed. This isn’t the first time the subject has been discussed in this column and it’s probably far to say that the writer believe that it can’t be discussed enough.
The Appraisal Institute chapters are here, like always, dependable, working on what will benefit mem...
November 8, 2024
The Appraisal Institute Chapters are here, like always. Dependable, working on what will benefit our members. Connecticut is here to provide education and support to residential and commercial appraisers. Supporting National AI and moving the Institute and Chapters forward.
The interest rate see-saw: When we thought loans would be cheaper…- by Daniel Calano
November 8, 2024
Back in August, it seemed like the whole real estate industry was waiting /hoping that the Fed would lower the short-term borrowing rate. Daily financial news kept us on edge. What would the Fed do? When would it do it? Would it be too little, too late, and maybe create a recession? Whew!!
Coming down for the count…soft landing - by David Kirk
November 8, 2024
GDP looks like a full three for Q3. Actual Q3, 2.8 q/q, good enough. And inflation at two for the 12 months of the most recent period based on Personal Expenditures Consumer Price Index. With expected unemployment of 4.1% for October, employment has so many points of light, it’s bright. Actual unemployment from DOL?
G.S. Wilcox & Co. sources $25 million across multiple transactions
November 8, 2024
Mount Holly, NJ G.S. Wilcox & Co. has secured $25 million in financing across two New Jersey retail properties. The financings, both arranged by principal David Fryer, consisted of a $13 million loan for a
Stewart, Morris, and Szwalbenest of Cronheim Mortgage complete $7.4 million refi. of the Merrill Roa...
October 11, 2024
Pittsfield, MA Cronheim Mortgage has secured $7.4 million for the refinancing of the Merrill Road Retail Plaza, a 125,000 s/f neighborhood shopping center. Andrew Stewart, Dev Morris, and Brandon Szwalbenest of Cronheim secured the financing on behalf of Phoenix Realty Management,
Bhat of Marcus & Millichap Capital Corp. handles
$5.1m financing for 22-unit multifamily proper...
October 11, 2024
Framingham, MA Marcus & Millichap Capital Corp. (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $5.1 million financing for the acquisition of a 22-unit multifamily property located at 10 Centennial Place.
JLL arranges $94 million refinancing for LINX, a 185,015 s/f life sciences building in Watertown, MA...
October 11, 2024
Watertown, MA JLL?Capital Markets has arranged a $94 million refinancing for LINX, a 185,015 s/f, class A life sciences building. JLL worked on behalf of the borrower, Clarion Partners, to secure the five-year loan through Société Générale, whose team was led by Tim Hallock, managing director.
Boston Residential Group secures $90 million in financing to develop 55 India St. on the Greenway in...
October 11, 2024
Boston, MA Boston Residential Group (BRG) has secured $90 million in financing to develop 55 India St., the last open development site on the Greenway in downtown. BRG will build a 12-story, glass-facade condominium tower at the site, featuring 29 two- and three-bedroom units
Meshacket Commons in Edgartown on Martha’s Vineyard receives $19.75 million financing from Rocklan...
October 11, 2024
Edgartown, MA Rockland Trust has provided $19.75 million of construction financing in partnership with Affirmative Investments, Inc. and the non-profit Island Housing Trust for the development of Meshacket Commons. Located in Martha’s Vineyard’s historic Edgartown, this development
Sidel of EagleBridge Capital arranges $9.2
million refinancing for two-story, 61,177 s/f propert...
October 11, 2024
Marlborough, MA EagleBridge Capital, has arranged mortgage refinancing in the amount of $9.2 million for 33 Locke Dr. The mortgage financing was arranged by EagleBridge principal Ted Sidel who said that the loan was provided by a leading regional financial institution.
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