Category: Finance

Sidel of EagleBridge Capital arranges $2.66 million financing

Sidel of EagleBridge Capital arranges $2.66 million financing

July 9, 2021
South Boston, MA EagleBridge Capital, working exclusively on behalf of its client, has arranged acquisition/permanent financing in the amount of $2.66 million for 471 West Broadway in South Boston.
Fantini & Gorga arranges $5.264 million in permanent financing for 1558 Massachusetts Ave. in Cambridge

Fantini & Gorga arranges $5.264 million in permanent financing for 1558 Massachusetts Ave. in Cambri...

July 9, 2021
Cambridge, MA Fantini & Gorga arranged $5.264 million in permanent financing for 1558 Massachusetts Ave., a classic brick 31-unit apartment house located directly across from the Harvard Law School. The FHA-insured loan
BankRI finances $3.6 million for purchase and renovation of Greenwich, CT residential properties

BankRI finances $3.6 million for purchase and renovation of Greenwich, CT residential properties

July 9, 2021
Greenwich, CT The Commercial Real Estate Division of Bank Rhode Island (BankRI) has finalized a loan to b7 Properties, LLC in the amount of $3.64 million. The financing supports the purchase and renovation of three
New England company in energy sector uses seven-figure WAC loan to fund building renovations

New England company in energy sector uses seven-figure WAC loan to fund building renovations

July 9, 2021
Guilford, CT Worth Avenue Capital, LLC (WAC) has closed a $1.25 million commercial loan to a New England based distribution company that provides smart technology in the energy sector. The loan proceeds will be used
Construction costs spike,  but hope is on the way - by Daniel Calano

Construction costs spike, but hope is on the way - by Daniel Calano

July 9, 2021
Have you been reading up on the cost of construction materials through the roof? How could you miss it! For example, two by fours, the bedrock of house construction, has gone from around $3 per 8’ board
The buffet, bathrooms and benches post-COVID-19 - by David Kirk

The buffet, bathrooms and benches post-COVID-19 - by David Kirk

July 9, 2021
The buffet has reopened, and we have customers and clients prepared to make choices and check lists. The CBRE investor survey data for multifamily shows robust rebounding appeal and expectations. Because the variety of risks and rewards are plentiful,
Cornerstone Realty Capital arranges $12.25 million in refinancing

Cornerstone Realty Capital arranges $12.25 million in refinancing

July 9, 2021
Jamaica Plain, MA Cornerstone Realty Capital has arranged $12.25 million for the refinance of a mixed-use property located in the Egleston Sq. neighborhood. The property is a five-story, mixed-use building.
 We must be gracious to each other, now more than ever -  by Sean Sargeant

We must be gracious to each other, now more than ever - by Sean Sargeant

July 9, 2021
The system is stressed. The entire system; from listing to closing; is operating above its design capacity and has been for the last 12 months. Driven by residential mortgage interest rates that start in the low 2’s and buyers seeking a flight to safety,
Nogueira of East Cambridge Savings Bank featured on American Bankers Association podcast

Nogueira of East Cambridge Savings Bank featured on American Bankers Association podcast

July 9, 2021
Cambridge, MA East Cambridge Savings Bank (ECSB) president and CEO Gilda Nogueira was featured in the American Bankers Association (ABA) Banking Journal Podcast. In the half hour interview, Nogueira discussed the arc of her career at
Damigella of Marcus & Millichap Capital Corp. arranges $14.933 million financing in two deals

Damigella of Marcus & Millichap Capital Corp. arranges $14.933 million financing in two deals

July 9, 2021
Leicester, MA Marcus & Millichap Capital Corp. (MMCC) has arranged a $6.945 million refinancing loan for a 78-unit multifamily property located at 500 Stafford St. Robert Damigella of MMCC arranged the 10-year loan
Appraisal Institute provides year-round programming - by John Drew

Appraisal Institute provides year-round programming - by John Drew

July 9, 2021
Some organizations may take the summer off, but the MA-RI-ME Chapter of the Appraisal Institute continues to provide the year-round programming, and the behind the scenes planning that our members expect.
Spiegel Associates arranges $11.9 million for Cambridge condo construction

Spiegel Associates arranges $11.9 million for Cambridge condo construction

July 9, 2021
Cambridge, MA Sidney Spiegel of Spiegel Associates has arranged an acquisition and construction loan for 18 units at 1043-1069 Cambridge St. Upon completion, the property will consist of a single, four-story building with a