Category: Finance

Rockland Trust leads $57m financing for Madison Properties for the mixed-use development in Polar Pa...

February 11, 2022

Worcester, MA Rockland Trust is leading a $57 million financing package to Madison Properties LLC for the mixed-use development in the Polar Park neighborhood, SOMA. The financing, which was arranged by Thomas Welch, executive vice president

Jain joins HUNT Mortgage as chief operating officer

February 11, 2022

Whitinsville, MA HUNT Mortgage Corp. has hired Bindiya Jain as chief operating officer for the company. Jain has over 20 years of extensive experience in the mortgage and banking industry

Rooney promoted to principal at FinanceBoston

February 11, 2022

Boston, MA Brian Rooney, senior associate at the commercial real estate capital advisory firm FinanceBoston, has been promoted to principal at the growing company.

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