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Category: Finance
Cornerstone Realty Capital arranges $6.3m in financing for four medical office condos
May 13, 2022
Middlebury, CT Cornerstone Realty Capital arranged $6.3 million in financing for the acquisition of four medical office condos.
East Cambridge Savings donates to humanitarian relief orgs. for Ukraine
May 13, 2022
Cambridge, MA East Cambridge Savings Bank made donations to two organizations providing vital services to people displaced by the ongoing conflict in Ukraine. Doctors Without Borders in the United States and World Central Kitchen
Should commercial real estate fear rising interest rates? - by Bill Pastuszek
May 13, 2022
Maybe housing is in a bubble. Some think so. The Dallas Fed was blunt in its assessment: “U.S. house prices are again becoming unhinged from fundamentals.” But their researchers don’t think it would be a repeat of the Great Recession/Housing Crash of 2008.
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
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