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Category: Finance
Why take on a trainee? - by Jennifer O'Neill
May 13, 2022
I recently sponsored a young woman who wanted to be an appraiser trainee. She found me, she knew she wanted to be an appraiser, she had already taken all her classes, and she needed a mentor.
I-Buying Real Estate: Not disruptive, yet. - by Daniel Calano
May 13, 2022
Recently, I have had an “opportunity” to invest a small amount of money in real estate “disruptive technology.” Specifically, it was a startup in residential “I-Buying,” the nickname for instant buying.
Less is more, as in balance sheets. - by David Kirk
May 13, 2022
The FOMC announces a 0.5% increase on rates to 0.75%-1% for a soft landing. More job offerings than job seekers and wage gains should persist. Lending should increase the rate in borrowings, easing expansion, fueling inflationary pressures
Colliers Capital Markets arranges $128.7m for 465-unit development
May 13, 2022
Quincy, MA Colliers Capital Markets has arranged $128.7 million in construction financing for Ashlar Park, a 465-unit, class A, transit-oriented multifamily community currently under construction at the site of the former Quincy Medical Center.
Real estate developer uses Worth Avenue Capital loan to purchase mixed use land in Thompson, CT
May 13, 2022
Thompson, CT Worth Avenue Capital, LLC (WAC) closed a $500,000 bridge loan to a Connecticut-based real estate developer for the purpose of purchasing 152 acres of mixed use land. Upon completing the purchase of the property
Eastern Bank adds Charles D. Sheehy as commercial customer
May 13, 2022
Boston, MA Eastern Bank has added Charles D. Sheehy, Inc. (Sheehy) as a new commercial banking customer. Founded in 1951, Sheehy is a fourth-generation, privately-owned supplier of pipes, valves, fittings and mechanical products serving
The Real Estate Finance Association has a busy Spring planned for members
May 13, 2022
The Real Estate Finance Association (REFA) hosted its first in-person education program since 2020 on Thursday, April 28th at Atlantic Wharf, 290 Congress St. on Institutional Mindset:
North Easton Savings Bank offers first-time homebuyer workshops
April 22, 2022
Easton, MA North Easton Savings Bank recently held a series of First-Time Homebuyer Workshops, providing valuable information about the homebuying process to those in attendance
Cornerstone Realty Capital arranges $9m in financing for a 385-unit redevelopment site
April 8, 2022
Everett, MA Cornerstone Realty Capital arranged $9 million in financing on behalf of V10 Development for the acquisition of a 0.95 acre residential redevelopment site. Located in the city’s Commercial Triangle Economic Development District, V10 Development will raze the existing 16,900 s/f
JLL arranges $543 million in financing for the $596.6 million 10 World Trade
April 8, 2022
Boston, MA JLL Capital Markets has arranged $543 million in financing for the $596.6 million 10 World Trade project, a speculative development that will offer 555,250 s/f of life sciences, office and retail space in the Seaport District.
Cushman & Wakefield advises Martignetti Cos. in $92m refinance
April 8, 2022
Taunton, MA Cushman & Wakefield served as the exclusive advisor to Martignetti Companies in the procurement of $92 million for the refinancing of 500 John Hancock Rd., a class A core industrial asset. The 12-year, fixed-rate loan was provided by Northwestern Mutual.
Eagleson joins Washington Trust as vice president
April 8, 2022
New Haven, CT According to the Washington Trust Company, Brett Eagleson has joined the bank’s commercial real estate group as vice president and relationship manager in Connecticut. Eagleson will focus on the development of commercial real estate loan business,
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