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Category: Finance
Newmark represents Atlantic Management in $96.5m financing
September 16, 2022
Westborough, MA Newmark has arranged $96.5 million in financing for 50 and 54 Otis St., two industrial assets that are located less than 35 miles west of Boston. Newmark co-head of U.S. Capital Markets Robert Griffin,
North Easton Savings Bank named a Top Bank in Massachusetts by Forbes
September 16, 2022
Easton, MA For the 2nd consecutive year, North Easton Savings Bank has been named by Forbes as a top-ranked bank in Massachusetts on Forbes’ most recent listing of America’s Best Banks and Credit Unions
Things that appraisers do right - by Bill Pastuszek
September 16, 2022
Appraisers have been under some heat in the recent past. And, the heat, if this summer is any predictor, is not likely over. But today we’re going to focus on something more useful – things that appraisers do well.
Workplace culture: Impacts on office use - by Daniel Calano
September 16, 2022
The discussion of office work vs. hybrid work, is not new, but has been accelerated since the beginning of the pandemic. It has been debated in studies and news, seemingly forever. The difference now is that it is not just talk… hybrid is mandatory
Done deal: Enough reasons to invest, develop and expand - by David Kirk
September 16, 2022
Not so fast. Inflation, hybridization, recovery, recession, COVID, credit crunch. All works in progress. Evolution, revolution, innovation. The deal has not yet gone down. Both upside and downside risks, that balance, for many, establish a stability with
Cambridge Savings Bank provides $84.5m in construction loans to Strategic Land Ventures
September 16, 2022
Cambridge, MA Cambridge Savings Bank (CSB) has provided construction loans totaling $84.5 million to Strategic Land Ventures (SLV), a vertically integrated real estate investment management and development firm.
REFA gets ready for first in-person Gala since 2019, honoring Paul Ayoub of Nutter
September 16, 2022
Boston, MA The Real Estate Finance Association’s (REFA) members are invited to an exclusive property tour of NEMA Boston on Wednesday, September 21st. NEMA Boston is a best-in-class, 2019 vintage, LEED Silver,
Lucitt named vice president of commercial lending at Bank of Canton
September 2, 2022
Canton, MA Stephen Lucitt has joined Bank of Canton as vice president of commercial lending. Throughout his lending career of more than 30 years, Lucitt has earned accolades for his ability to develop loan portfolios, establish credit policy, and build successful business relationships.
Fantini & Gorga places $23.04 million for mixed-income apartments in Portland, ME
August 12, 2022
Portland, ME Fantini & Gorga has placed $23.04 million in permanent financing for Danforth Heights, a 166-unit mixed-income multifamily apartment complex located between the city’s historic district and waterfront. The loan was placed with Fantini & Gorga’s correspondent, Eastern Mortgage Capital, a national MAP Lender
Sidel of EagleBridge Capital arranges $20.7 million debt and equity financing
August 12, 2022
Andover, MA EagleBridge Capital has arranged mortgage and JV equity financing in the amount of $20.7 million for 3 Riverside Dr., an R&D building. The financing was arranged by EagleBridge principal, Ted Sidel. 3 Riverside Dr. is a 93,500 s/f two story R&D building
JLL arranges $585 million construction financing for King Street Properties, Brookfield and Mugar En...
August 12, 2022
Boston, MA JLL’s Capital Markets group arranged $585 million in construction financing for a mixed-use project consisting of 580,905 s/f of life sciences, retail and multi-housing space.
Rockland Trust provides $4.5m acquisition financing to Hajjar Mgmt.
August 12, 2022
Salem, MA Hajjar Management Co., Inc. secured $4.5 million from Rockland Trust for the acquisition of the historic inn, The Merchant. Hajjar has a long-standing reputation for developing and managing successful commercial and residential properties in New England.
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