Category: Finance

President’s message: Springtime is a season for growth and renewal - by Brad Hevenor

President’s message: Springtime is a season for growth and renewal - by Brad Hevenor

March 11, 2022
With the dark days of winter now behind us, springtime is a season for growth and renewal. While the Massachusetts, Rhode Island, and Maine Chapter of the Appraisal Institute has its sights optimistically set on the year ahead, we retain an appreciation of the challenges
The changing environment: inflation, rates, geo-politics - by Bill Pastuszek

The changing environment: inflation, rates, geo-politics - by Bill Pastuszek

March 11, 2022
The year 2022 has greeted us with plenty of uncertainty. At the end of the first quarter, most projections are now subject to review and possible resetting.
Inflation is here, finally. Why do we care? - by Daniel Calano

Inflation is here, finally. Why do we care? - by Daniel Calano

March 11, 2022
For those of you who were around in real estate a couple of decades ago, you know we were sure inflation would come, and interest rates would increase. The truth is…it never happened, except for a few blips. I, for one, gave advice or made decisions based
Save the date for the GBREB Installation of Officers & Division Presidents: April 13th, 2022

Save the date for the GBREB Installation of Officers & Division Presidents: April 13th, 2022

March 11, 2022
Boston, MA REFA began a busy month with a virtual Mentor Program kick-off event on February 10th featuring a record 52 mentor/mentee pairs. The REFA Mentor Program provides Emerging Leader members with the opportunity to
MassHousing closes $34.8m for Woodlands at Abington Station

MassHousing closes $34.8m for Woodlands at Abington Station

March 11, 2022
Abington, MA MassHousing has closed on $34.8 million in affordable housing financing to Beacon Communities LLC to refinance, renovate and preserve housing affordability at the 192-unit Woodlands at Abington Station.
The Village Bank will award seventeen college scholarships to Class of 2022

The Village Bank will award seventeen college scholarships to Class of 2022

March 11, 2022
Newton, MA According to Joseph De Vito, president & CEO of The Village Bank, the Auburndale Community Charitable Foundation is now accepting college scholarship applications from local high school seniors.
TGM completes mortgage refinancing for TGM Anchor Point - 323-unit property

TGM completes mortgage refinancing for TGM Anchor Point - 323-unit property

March 11, 2022
Stamford, CT TGM has completed the mortgage refinancing for TGM Anchor Point, a 323-unit waterfront multifamily apartment community and 72-slip marina. TGM Anchor Point received Green Globes Certification enabling TGM to secure competitive borrowing terms
Sidel of EagleBridge Capital arranges $5.7m mortgage financing

Sidel of EagleBridge Capital arranges $5.7m mortgage financing

February 11, 2022
Boston, MA EagleBridge Capital has arranged acquisition and permanent mortgage financing totaling $5.7 million for ground floor retail condominium located on Washington St. in the city’s South End.
Hevenor installed as 2022 Appraisal Institute Chapter President

Hevenor installed as 2022 Appraisal Institute Chapter President

February 11, 2022
Malden, MA Brad Hevenor, MAI, was installed as the 2022 president of the Massachusetts Rhode Island & Maine Chapter of the Appraisal Institute at the annual holiday meeting and installation of officers, directors and regional reps
CIM Group provides $147.65 million loan for 319,000 s/f office building - on behalf of The Davis Companies and Partners Group for One Cabot

CIM Group provides $147.65 million loan for 319,000 s/f office building - on behalf of The Davis Com...

February 11, 2022
Medford, MA According to CIM Group, a community-focused real estate and infrastructure owner, operator, lender and developer, a CIM-managed fund has closed a $147.65 million loan to The Davis Companies (Davis)
Munoz of Northmarq completes $7 million refinance of Stonley Park Apartments

Munoz of Northmarq completes $7 million refinance of Stonley Park Apartments

February 11, 2022
Boston, MA Jeff Munoz, vice president of Northmarq’s regional office, completed the $7 million refinance of Stonley Park Apartments. The 32-unit/four-story class A multifamily property (originally built in 2019) is located at 76 Stonley Rd.
Fantini & Gorga places $9.292 million for Woburn Rehabilitation and Nursing Center

Fantini & Gorga places $9.292 million for Woburn Rehabilitation and Nursing Center

February 11, 2022
Woburn, MA Fantini & Gorga has placed $9.292 million in permanent financing for Woburn Rehabilitation and Nursing Center, a 140-bed skilled nursing facility.