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Category: Finance
JLL Capital Markets arranges $6 million acquisition financing
September 10, 2021
Chelsea, MA JLL Capital Markets has arranged $6 million in acquisition financing for 25 Griffith Way, a 20,060 s/f, vacant, value-add, last-mile distribution warehouse.
Groblewski of Fantini & Gorga arranges $17 million refinancing on behalf of Spanish Trace, LLC, for ...
September 10, 2021
Weymouth, MA Fantini & Gorga has arranged a $17 million refinancing package for Spanish Trace Apartments. Senior managing director Casimir Groblewski placed the loan with a major New England-based banking institution on behalf of his client.
Citizens provides $40.7m construction loan for Boston housing project
September 10, 2021
Boston, MA According to Citizens, its Community Development Group provided a $40.7 million construction loan to Trinity Orient Heights Phase Three LP, whose sponsor is Trinity Financial Inc. The loan provides financing
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
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
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
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
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
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
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
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
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.
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