Some items worth thinking about. There are a lot of questions asked here. Many of the answers may not be yes or no response but may have a lot of “it depends….” Housing. The housing markets seem to be in some disarray. It’s a bit amazing to see how the price of debt drives
The residential market in New England, and much of the country for that matter has seen the highest level of both activity and increases in prices in decades. The past two years have been somewhat blinding in terms of both pace and market appreciation.
Not again! What? Another inflation story? Fed raising interest rates? This saga is slowly evolving, perhaps to a close, but not at all over. It’s worth keeping up with, since the Fed is dead serious about crushing inflation and is having some real success.
Net Zero Emissions zoning and building codes are proposed in (several) major metropolitan jurisdictions. The implications for infrastructure, the grid and power production, are calculable if not complete. The public private partnership (PPP) for climate change is being expanded
Newton, MA Susan Paley, vice president of community relations at The Village Bank, has been honored by Pathway to Possible for her commitment to the wellbeing of Newton.
Boston, MA REFA hosts 34th Annual Gala at Westin Copley Place honoring Paul Ayoub, Nutter. On Thursday, October 6th, over 500 REFA members and friends gathered to honor Ayoub, chair at Nutter, as he was awarded the Swain Distinguished Service Award
New Canaan, CT EagleBridge Capital has arranged permanent mortgage financing in the amount of $4.4 million for a group of retail and apartment properties located in downtown. The financing was arranged by EagleBridge director
Somerville, MA JLL Capital Markets has arranged a $230 million construction loan for the development of 15 McGrath Hwy., a speculative life sciences development totaling 262,000 s/f. JLL worked on behalf of DLJ Real Estate Capital Partners, Leggat McCall Properties and Deutsche Finance
Malden, MA Cornerstone Realty Capital arranged $10.25 million for the refinance of 54-72 Summer St., a 65-unit mixed-use property consisting of 54 apartments and 11 commercial retail units.
Burlington, MA Fantini & Gorga has arranged $12.5 million first mortgage for the redevelopment of One Wheeler Rd. To be called Gateway Burlington, the subject will consist of a two level, on grade
Westwood, MA Rockland Trust has provided over $13 million in financing to MAB Community Services (MAB) to purchase sixteen group homes, which have been leased to house individuals MAB has served for as long as 18 years
Bangor, ME Ed Riekstins, managing director, and Daniel Karp, vice president of Northmarq’s Boston debt/equity team, finalized the $15.2 million permanent-fixed loan for a Maine retail and industrial portfolio.