Category: Finance

MassDevelopment issues $3m tax-exempt bond Cape Cod Collaborative

MassDevelopment issues $3m tax-exempt bond Cape Cod Collaborative

June 10, 2022
Yarmouth, MA MassDevelopment has issued a $3 million tax-exempt bond on behalf of the Cape Cod Collaborative (CCC), an educational organization that will use proceeds to renovate and equip the former Laurence MacArthur Elementary School located at 1175 Rte. 28.
WAC closes $150,000 commercial loan to a CT-based developer

WAC closes $150,000 commercial loan to a CT-based developer

June 10, 2022
Groton, CT Worth Avenue Capital, LLC (WAC) has closed a $150,000 commercial loan to a CT-based real estate developer who is a repeat customer for whom WAC has funded numerous transactions during the last six or seven years.
The case for a career as a commercial real estate appraiser - by Anthony Graziano

The case for a career as a commercial real estate appraiser - by Anthony Graziano

June 10, 2022
Finding people to fill jobs seems to be a common problem across industries these days, and the commercial appraisal field is no exception. According to the Appraisal Institute (AI), research shows the number of appraisal professionals has been shrinking at a rate of 2.6% per year for the past several years.
How real estate investors can use 1031 exchanges to build net worth - by Kaston and Starling

How real estate investors can use 1031 exchanges to build net worth - by Kaston and Starling

June 10, 2022
When looking to sell a property, real estate investors face major tax obligations from the resulting profits of the property being sold. To build their net worth faster, property owners can use the process of a 1031 Tax Deferred Exchange
Sense of the Data - by Bill Pastuszek

Sense of the Data - by Bill Pastuszek

June 10, 2022
I know this could be construed as broad generalization, but it’s up here for discussion. Many economic behaviors result from decisions based on
Inflation fighting: Impacts on real estate? - Daniel Calano

Inflation fighting: Impacts on real estate? - Daniel Calano

June 10, 2022
Interest rates are finally increasing. Red hot inflation, now at overall 8-10%, is in the Federal Reserve Bank’s cross-hairs. The Fed increased the short term borrowing rate by .5% in May, with expectations for another raise in June and July.
2022 Halfway to…somewhere - by Brett Pelletier

2022 Halfway to…somewhere - by Brett Pelletier

June 10, 2022
We’re halfway through 2022 and I’m not sure most people have even noticed. After what has been the longest staycation of our lives, time now seems to be moving at warp speed. Now that I’ve reflected on what has felt like a nearly unending experiment
The Real Estate Finance Association has an educational Spring for members

The Real Estate Finance Association has an educational Spring for members

June 10, 2022
Boston, MA On Wednesday, May 18th, over 150 REFA members tuned into a REFA Fundamentals Webinar on Insurance 101: Property & Liability.  Industry experts Mike White, Scott Mateer, and Annie Fleming of Brown & Brown – Specialty Risk Solutions
Understanding Preferred Equity in Real Estate - by Victor Lattanzi

Understanding Preferred Equity in Real Estate - by Victor Lattanzi

June 10, 2022
What is preferred equity real estate financing? Many investors, capital providers, and real estate developers use the term ‘preferred eq-uity’ often. But what exactly does it mean, and what’s its utility when it comes to fund-ing your business and your real estate development projects in the future?
EagleBridge Capital places $7.8 million financing for a mixed-use complex

EagleBridge Capital places $7.8 million financing for a mixed-use complex

May 13, 2022
Westport, CT EagleBridge Capital, working exclusively on behalf of its client, has arranged construction/permanent mortgage financing in the amount of $7.8 million for 785 Post Rd. East.
Groblewski and Monahan of Fantini & Gorga arrange $3.478 million financing

Groblewski and Monahan of Fantini & Gorga arrange $3.478 million financing

May 13, 2022
Swampscott, MA Fantini & Gorga arranged a $3.478 million first mortgage for 430 Paradise Rd., a 8,450 s/f neighborhood strip center. Senior managing director Casimir Groblewski and analyst Colin Monahan arranged the financing for a long-standing client, a Boston-based real estate investor.
Rockport Mortgage closes $42.4 million in financing for Market Mill Apartments - will preserve affordability at the rental housing development

Rockport Mortgage closes $42.4 million in financing for Market Mill Apartments - will preserve affor...

May 13, 2022
Lowell, MA Rockport Mortgage has completed the closing of a $42.4 million, HUD Section 223(f) refinance loan. The transaction will preserve affordability at the rental housing development for 39 years.