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Category: Finance
Real Estate Finance Association to host 33rd Annual REFA Gala: Tuesday, October 26th
July 9, 2021
Boston, MA On June 15th, REFA hosted Fundamentals Webinar on Equity 101. Martha Nay, senior director, capital markets, JLL moderated the program with Andrew Gray, director, capital markets, JLL. They presented on the basics
CRE market after pandemic - by Tom Whiting
July 9, 2021
Now that the pandemic seems like it is winding down, what will be its long-term effects on commercial real estate? How will they affect values? Are they likely to affect all commercial sectors the same?
MBREA’s government affairs committee returns to Beacon Hill - by Allan Cohen
July 9, 2021
Getting a bill passed by the Massachusetts legislature and having it signed by the governor takes Herculean effort. Support at several levels is required starting at grassroots and ending with the governor. The process
Markets are rebounding: We all seem to now believe the worst is behind us - by Bill Pastuszek
July 9, 2021
Markets are rebounding: We all seem to now believe the worst is behind us in terms of COVID-19 and the possibly recently concluded Great Pandemic. This is now the Grand Reopening phase. Things seem to be getting back to normal.
Washington Trust hires Botelho as commercial lending senior vice president
July 9, 2021
Providence, RI According to The Washington Trust Company, Anthony Botelho has joined the bank’s commercial lending group as senior vice president of commercial banking and commercial & industrial (C&I) team leader
EagleBridge Capital arranges $7.85 million construction financing
June 11, 2021
Bloomfield CT EagleBridge Capital, working exclusively on behalf of its client, has arranged construction/permanent mortgage financing in the amount of $6.25 million plus $1.6 million of additional financing for the Tellus at Bloomfield Town Center Apartments.
KeyBank secures $44 million financing for two multifamily properties
June 11, 2021
Lawrence, MA KeyBank Real Estate Capital (KBREC) secured $44 million of fixed-rate Freddie Mac financing for the Dolben Company to refinance two multifamily housing properties in New England
Cornerstone Realty Capital arranges $53.285m construction loan for development of Edgemere Crossing...
June 11, 2021
Shrewsbury, MA Cornerstone Realty Capital arranged a $53.285 million construction loan on behalf of Edgemere Crossing Residential LLC, a joint venture between The Dolben Company, Inc. and Belmont Capital. The proceeds will be used for the construction of a multifamily property
Rockland Trust Provides $14 million to to Rees-Larkin Development, LLC for the Moran Sq. redevelopme...
June 11, 2021
Fitchburg, MA Rockland Trust has provided a $14 million construction loan to Rees-Larkin Development, LLC. for their Moran Sq. redevelopment project in downtown. The Moran Sq. project consists of the adaptive re-use of two historic buildings, along with new construction
Stavvy starts $40 million in Series A financing with Flagstar Bank
June 11, 2021
Boston, MA Stavvy announces a $40 million Series A funding round. The investment will be used to expand the company’s aggressive hiring initiative to accelerate growth in paperless and digital solutions for banking and lending, which has seen explosive demand and interest
MassDevelopment places $800,000 for Eagle Mill Redevelopment
June 11, 2021
Lee, MA MassDevelopment has provided an $800,000 loan to Eagle Mill Redevelopment, LLC, which is using proceeds to redevelop the former Eagle Mill and surrounding parcels into a mixed-use complex featuring 128 residential housing units and 14,000 s/f of retail and office space
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