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Category: Finance
Atlantic Capital Partners sells Citizens Bank for $2.13 million
December 10, 2021
Tewksbury, MA Atlantic Capital Partners has completed the $2.13 million sale of Citizens Bank, a 3,134 s/f, free-standing, single-tenant building with drive-thru ATM.
Real Estate Finance Association virtually hosted its 33rd Annual REFA Gala on November 16th
December 10, 2021
Boston, MA REFA virtually hosted its 33rd Annual REFA Gala on Tuesday, November 16th. This year’s Gala honored Bulfinch Companies, Inc. and WinnCompanies with the Swain Distinguished Service Award.
Update on appraiser specialization - by Bill Pastuszek
December 10, 2021
I was looking through previous articles and came across something I wrote 4+ years ago that seems as appropriate now – if not more so – than then. Following is an update on the issue of appraiser specialization, competency, and meeting the current extraordinary demand for appraisal services.
Fremeau awarded Distinguished Service Award - by Brian White
December 10, 2021
The Distinguished Service Award is awarded by the board of directors on a periodic basis to individuals who have provided the chapter with exceptional leadership and/or service. This summer the NH/VT Chapter board of directors awarded Joseph Fremeau, MAI, SRA, this award.
Reforming Real Estate Appraisal Licensure -Part One - by Roger Durkin
December 10, 2021
For the last ten years Durkin Law, P.C. has acted as defense attorneys for Massachusetts licensed real estate appraisers charged in a complaint with the threat of losing his or her license to earn a living and/or face heavy fines, forced to surrender their license
The shortage in the appraisal industry - Maria Hopkins
December 10, 2021
Over the last two years, there has been an unprecedented volume of appraisal orders due to the low interest rates fueling the whole world to refinance. In addition, there was a high demand for housing of all types and price ranges with limited supply, which led to a strong increasing market.
President’s final message: Thank You! - by John Drew
December 10, 2021
Well that went by fast. It was just a year ago that I was sworn in as the 2021 president of the Massachusetts-Rhode Island Chapter of the Appraisal Institute. In short order we merged with Maine, and I am proud
CT regulation change to permit appraisers to complete evaluations - by John Galvin
December 10, 2021
Instead of real estate appraisals completed in compliance with the Uniform Standards of Professional Appraisal Practice (USPAP), in 2010, federally regulated financial institutions were permitted by federal law to utilize non-USPAP compliant opinions of value
Pandemic patterns in micro markets - by David Kirk
December 10, 2021
Omicron variant has appeared in North America and local economic activity will be impacted by the newly emergent variant. Pandemic patterns in micro markets have varied considerably. The performance of built environment is dependent upon the local economy
Intro to the Metaverse: How will it change real estate? - by Daniel Calano
December 10, 2021
Meta..what? Metaverse, as in universe. Have you even heard the word? In its simplest form, the metaverse is an extension of the Internet we already have. More specifically, it is a concept of blending real world activities in life
EagleBridge Capital arranges $6m financing for Hurley Farms Business Park
November 12, 2021
Oxford, CT EagleBridge Capital has arranged permanent mortgage financing in the amount of $6 million for the Hurley Farms Business Park. The mortgage financing was arranged by EagleBridge director Brian Walsh who stated that the loan was provided by a leading regional bank.
Broderick and Boyle of Colliers place $16.14 million acquisition loan
November 12, 2021
Canton, MA Colliers, led by executive vice president John Broderick and assistant vice president Patrick Boyle, sourced a $16.14 million acquisition loan for 530 Turnpike St. Currently a 139,612 s/f warehouse building, 530 Turnpike provides ample room for continued growth
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