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Category: Finance
Appraisal bias challenges - by Steven Spangle
January 14, 2022
There is a growing awareness of bias in the appraisal profession. President Biden has established a task force to address race-associated disparities in home appraisals. The commission will primarily focus on the issues of mandatory data reporting and automated valuation methods.
2022 CT Chapter of the Appraisal Institute update - by Jacqueline Beauchaine
January 14, 2022
As we welcome in 2022, I would like to personally thank the 2021 Connecticut Chapter of the Appraisal Institute officers and directors for their leadership/service during last year. They gave their time to help promote and strengthen the Appraisal Institute
Another great migration causes dislocation and renewal - Valerie Pontiff
January 14, 2022
Referencing movement by black families from the southeast to the north and west from about 1915 to 1970, The Great Migration changed demographics in the United States in ways that endure today. Six million people, or over 100,000 per year (250,000 using today’s US population)
Real Estate and the Metaverse: Phase II - Daniel Calano
January 14, 2022
Last month I wrote my New England Real Estate Journal article introducing the “metaverse,” and its potential impacts on real estate. I promised to dig deeper in the next one, with more specifics on the subject. Here it is.
Coulombe of Fantini & Gorga arranges $23m loan for Brooks Street Commons
December 10, 2021
Worcester, MA Fantini & Gorga has completed the placement of a $23 million construction loan for the Brooks Street Commons, a to-be-built 111-unit multifamily property on the north side of the city.
JLL Capital Markets secures $35.34 million funding for two office assets
December 10, 2021
Andover, MA JLL Capital Markets has arranged $35.34 million in financing for the acquisition and repositioning of a 233,726 s/f, two-building R&D/office portfolio into a life sciences campus in the suburban Boston community.
Marcone Capital completes $21.5m financing of Connector Park - consisting of two, four-story office ...
December 10, 2021
Lowell, MA Mike Marcone of Marcone Capital, Inc. has arranged the financing of Connector Park, a property consisting of two, four-story, high quality office buildings totaling 199,783 s/f.
Sidel of EagleBridge Capital places $14.65 million debt and equity financing for a class A, two-stor...
December 10, 2021
Andover, MA EagleBridge Capital has arranged mortgage and JV equity financing in the amount of $14.65 million for 6 Riverside Dr., a flex/R&D building. The financing was arranged by EagleBridge principal Ted Sidel.
CBRE Investment Management closes on a $49.7 mortgage loan
December 10, 2021
Ashland, MA A fund sponsored by CBRE Investment Management closed on a $49.7 mortgage loan to finance Taurus Investment Holdings’ acquisition and renovation of Chestnut Place, a 207-unit garden-style residential property.
PACE Loan Group provides $3.2 million in financing
December 10, 2021
Providence, RI Rhode Island Infrastructure Bank (Infrastructure Bank) completed $3.2 million in Commercial Property Assessed Clean Energy (C-PACE) program financing for energy efficiency elements being built into the new Eddy Street Self Storage facility
MassHousing closes on $9m in financing for Woodland Cove
December 10, 2021
Wareham, MA MassHousing has closed on $9 million in financing to Dakota Partners, Inc., to support the development of Phase I of the Woodland Cove affordable rental housing community.
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