Category: Finance

Trumbull, CT Worth Avenue Capital, LLC (WAC) has closed a $3.8 million short-term CRE bridge loan to a real estate developer in Southern New England for the purchase of commercial property. The developer negotiated a lucrative long-term lease with Amazon to build a new Whole Foods grocery store on the property.

Greensboro, N.C. G.S. Wilcox & Co. has completed $18.9 million in combined financing for two retail properties in Greensboro, N.C. and Richmond, VA for a New Jersey-based borrower. Both retail properties are anchored

Dwight Kay, founder and CEO of Kay Properties & Investments, recently authored a pivotal book on the increasingly popular 721 Exchange UPREIT strategy. This important guide, titled “721 Exchange UPREITs – What Investors Need to Know BEFORE Investing,” sheds critical light on important caveats investors must understand before committing capital to these complex structures.

For real estate investors, a 1031 Exchange can be a powerful tax-deferral tool, but in order to benefit, you must meet stringent IRS rules that leave little room for compromise. That’s one of the reasons it is so important to work with an experienced Qualified Intermediary (QI), who understands the complex 1031 Exchange process and IRS requirements.

East Boston, MA Blue Atlantic Fabricators, a structural steel and aluminum fabrication company, has selected North Easton Savings Bank (NESB) as its new commercial banking partner. This new relationship developed due to the bank’s unique strengths in supporting advanced manufacturing and industrial businesses across Eastern Massachusetts and Southern New England.

Framingham, MA Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $10.5 million in financing for the acquisition of Arlington Commons, a 54-unit multifamily property located at 77-79 Arlington St.

Avon, MA JLL Capital Markets has arranged $15.1 million in acquisition financing for a two-property industrial portfolio totaling 129,380 s/f. The properties at 20 and 40 Ledin Dr. are strategically positioned within the Avon Industrial Park with access to Rte. 24 and I-93.

b>Hardwick, MA MassDevelopment has issued a $12 million tax-exempt bond on behalf of Eagle Hill Foundation of Massachusetts, Inc. Eagle Hill School is a boarding school that provides customized courses of study for students with diverse learning profiles in grades eight through 12.

Boston, MA Beacon Financial Corp. has combined four financial institutions under one new brand, Beacon Bank, one of the 100 largest banks in the U.S.

Guilford, CT The CCIM Connecticut Chapter will hold a CI 101 Course, “Financial Analysis for Commercial Investment Real Estate,” on March 23 – 26 at New Haven Middlesex Realtors. CCIM’s foundational core course, CI 101

Brockton, MA Eastern Bank has completed $15.5 million in construction financing to Causeway Development for the conversion of a historic mill building at 142 Main St. in downtown.

Boston, MA RE&FA starts with a new charitable partnership and a sold-out forecasting luncheon. RE&FA is pleased to be supporting Breaktime, FamilyAid, and new this year, the BASE, as our charitable partners for 2026!