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Category: Finance
Real Estate Finance Association to welcome Grant as keynote speaker for Forecasting Program
February 11, 2022
On January 12th, REFA hosted its first webinar of the year on “Uncertainty in Construction: The Impact on Real Estate Development.” Tod McGrath, VP, finance, Boston Properties moderated a conversation with Teri Ford,
Appraisers in the news - by Bill Pastuszek
February 11, 2022
Appraisers like to do their job quietly, flying somewhat, under the radar. For the most part, they keep their heads down and stay focused on the task assigned. They do their important work quietly and generally without much fanfare.
President’s message: Work hard for the chapter
February 11, 2022
The new year has provided little opportunity for the Massachusetts, Rhode Island, and Maine Chapter to catch its breath. Our staff and slate of volunteers are hard at work executing a packed schedule
Metaverse finale: Virtual real estate future? - by Daniel Calano
February 11, 2022
This is the third and final NEREJ article regarding Metaverse concepts and their path towards virtual real estate investment. In my December and January articles, I reviewed the basics, including the definition of Metaverse and its current uses.
Cornerstone Realty Capital arranges $9 million for the refinance of a 23-unit apartment building
January 14, 2022
Boston, MA Cornerstone Realty Capital arranged $9 million for the refinance of a 23-unit apartment building located at 1 Newcomb St. This property consists of a newly constructed six-story apartment building.
Drew Co. receives $27.6 million in financing from Rockland Trust
January 14, 2022
Scituate, MA The Drew Company, a Boston-based, privately held, real estate development and management company, closed with Rockland Trust Bank on a $27.6 million construction loan for the residential real estate project, SkySail at Driftway.
Berkadia secures $64.15 million financing for five-property portfolio - on behalf of the borrower, M...
January 14, 2022
Brookline, MA Berkadia secured financing for Brookline Cambridge Portfolio, a five-property multifamily portfolio. Managing director Robert Lipson of Berkadia Shrewsbury secured the $64.15 million in refinancing through Freddie Mac
Fantini & Gorga places $7.779m financing
January 14, 2022
Pepperell, MA Fantini & Gorga has placed a $7.779 million permanent financing for Rolling Meadows Apartments, a 75-unit townhouse apartment property.
Malka and Gauptman of Dwight Capital finances $29 million bridge loan - a 121-unit luxury apartment ...
January 14, 2022
Mystic, CT Dwight Capital has closed a $29 million bridge refinance for Harbor Heights Apartments, a 121-unit luxury apartment community.
Weilgus of Mag Mile Capital secures $1.7 million in acquisition financing
January 14, 2022
Norwell, MA According to Mag Mile Capital, Matt Weilgus, senior vice president of originations and general counsel in the firm’s Westport, Conn. office, has secured $1.8 million in acquisition financing in connection with a multi-tenant retail property
JLL Capital Markets arranges $246m in construction financing for 808 Windsor
January 14, 2022
Somerville, MA JLL Capital Markets has arranged $246 million in construction financing for 808 Windsor, a to-be-built, life sciences development totaling 353,000 s/f. JLL worked on behalf of the borrower, a partnership between Leggat McCall Properties, DLJ Real Estate Capital Partners and Deutsche Finance America
MassHousing closes $26.9m in financing to create 87 new mixed-income apartments at 608 Broadway in L...
January 14, 2022
Lawrence, MA MassHousing has closed on $26.9 million in affordable housing financing to Trinity Financial to support the first phase of the redevelopment of the historic Marriner Mill complex. The $46.8 million mixed-income project will repurpose a former industrial
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