Category: Finance

EagleBridge Capital arranges $14.5m for industrial complex - the loan was provided by a leading national bank

EagleBridge Capital arranges $14.5m for industrial complex - the loan was provided by a leading nati...

September 10, 2021
Stamford, CT EagleBridge Capital has arranged permanent mortgage financing in the amount of $14.5 million for an industrial complex. The mortgage financing was arranged by EagleBridge director Brian Walsh
Worth Ave. Capital closes $200,000 commercial loan

Worth Ave. Capital closes $200,000 commercial loan

September 10, 2021
Norwalk, CT Worth Avenue Capital, LLC (WAC) has closed a $200,000 commercial loan to a Connecticut-based real estate developer for working capital purposes on an ongoing construction project.
Vocalina joins Essex Financial as a financial advisor

Vocalina joins Essex Financial as a financial advisor

September 10, 2021
Essex, CT According to Essex Financial, Anthony Vocalina has joined the firm as a financial advisor. Prior to joining Essex Financial, Vocalina served for twenty years as a financial advisor at Fidelity Investments,
The Real Estate Finance Association hosts tour of J Malden Center and the new Malden City Hall

The Real Estate Finance Association hosts tour of J Malden Center and the new Malden City Hall

September 10, 2021
Boston, MA On Tuesday, August 17th REFA hosted an exclusive tour of J Malden Center and the new Malden City Hall for its mentorship program participants. Deborah Burke and Ron Hogan from the city of Malden shared a presentation about the development of the new City Hall
Market analysis is a critical part of the appraisal development process - by Bill Pastuszek

Market analysis is a critical part of the appraisal development process - by Bill Pastuszek

September 10, 2021
Together with highest and best use, market analysis is a critical part of the appraisal development process. The Dictionary of Real Estate Appraisal defines market analysis as: “The study of the supply and demand in a specific area for a specific type of property.”
Update on causes of inflation - by Robert Concannon

Update on causes of inflation - by Robert Concannon

September 10, 2021
Unless you’ve been living under a rock, benefiting from a trust fund, or are simply oblivious to day to day life…it seems that almost everything is more expensive in the post COVID-19 world.
Appraisal Institute president message: Mission statement - by John Drew

Appraisal Institute president message: Mission statement - by John Drew

September 10, 2021
Well another summer went by too fast, but thanks to dedicated staff and volunteers at both the national and local chapter level the Appraisal Institute is off and running into the fall season. AI National set the stage when the board of directors adopted a strategic plan at their August meeting.
Building costs: fueled by higher demand/supply constraints - by Marc Nadeau

Building costs: fueled by higher demand/supply constraints - by Marc Nadeau

September 10, 2021
Building costs have been rising since June of 2020, it was almost as if a gun went off at the starting line of a race! Only that the participants in this case included a number of characters and elements, inclusive of new home buyers entering the market that had been sitting on the sidelines
Innovative disruptive real estate financing - by Daniel Calano

Innovative disruptive real estate financing - by Daniel Calano

September 10, 2021
You’ve probably heard or used some of the new financial apps or companies that let you buy that computer or TV or car, or maybe even house, without money now but a requirement to pay later. They are called buy now, pay later or BNPL apps.
Work smarter, not harder - by Brett Pelletier

Work smarter, not harder - by Brett Pelletier

September 10, 2021
September brings a lot of newness and freshness to us all. It marks the end of summer, the start of fall and leaf peeping, the beginning of the schoolyear. Add in quite a few other areas of life, things are changing, evolving, and just getting harder.
Rockland Trust leads financing of $61m to POAH for Salem Heights

Rockland Trust leads financing of $61m to POAH for Salem Heights

August 13, 2021
Salem, MA Rockland Trust led a financing package of $61 million to Preservation of Affordable Housing (POAH) for the redevelopment of their affordable housing apartment building, Salem Heights. The project will consist of substantial renovations to the low-income residential property
Groblewski of Fantini & Gorga arranges $17.25 million refinancing

Groblewski of Fantini & Gorga arranges $17.25 million refinancing

August 13, 2021
Darien, CT Fantini & Gorga has arranged a $17.25 million refinancing package for Hollow Tree Self Storage. Casimir Groblewski placed the loan with a major New England-based banking institution on behalf of his client