Greenwich, CT Worth Avenue Capital, LLC (WAC) has closed a $200,000 CRE loan to a CT-based real estate investor. The loan proceeds will be used for working capital purposes and the loan is secured by a second mortgage on a local commercial condominium
Worcester, MA Marcus & Millichap Capital Corp. (MMCC), a leading provider of commercial real estate capital markets solutions, arranged a $5.175 million refinancing loan for a 46-unit multifamily property. The property is located at 44 Byron St.
>Windsor, CT Dave Carswell, managing director of Largo Capital’s Manhattan office, secured $20.85 million in financing for three industrial properties. The first two transactions were bridge loans
Braintree, MA According to The Washington Trust Company, Bill Niland has been hired as the vice president and regional manager for the Washington Trust Mortgage Company LLC. Niland will be headquartered in the Braintree office and will be responsible
Boston, MA Citizens named Lisa Murray as its Massachusetts president, succeeding Jerry Sargent, who will continue to oversee New England and upstate New York as Citizens’ Northeast region executive.
Boston, MA REFA’s Emerging Leaders hosted their Fall Panel: New Approach to Risk as a webinar on September 21st. Lauren O’Neil, senior managing director and Boston office co-head at JLL, moderated the conversation
Fitchburg, MA MassHousing has closed on $5.3 million in financing to MSq Redevelopment LLC, an affiliate of Rees-Larkin Development, for the development of 44 affordable and workforce apartment homes as part of the Moran Sq. redevelopment.
We were moving full steam ahead for a return to the Four Points Hotel for the 2021 New England Appraisers Expo when the surge in COVID’s delta variant threw us a curve-ball.
Judgement continues to be the discerning characteristic in commercial property investment and development. And in the analysis supporting underwriting and appraising commercial property. Not necessarily in defiance of the ubiquitous data and traditional methodologies
Valuation is a most interesting profession. Those who practice valuation find appraisal - the process consisting of “part art, part science” - a wonderful challenge in the study of human economic and social behavior.
The appraisal gap. We’ve been hearing a lot about this lately. What is it? The appraisal gap is the difference between a property’s appraised value and its contracted sale price. The term is commonly used when the appraised
The phrase “supply chain” is not called “chain” for nothing. With regard to real estate development, everything is chained together. Raw materials, labor, energy, manufacturing, transportation and storage, even global politics are all linked.