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Category: Finance
MassDevelopment issues $23.45m bond on behalf of TND 110 Ocean LLC for new 56-unit affordable housin...
January 16, 2026
Revere, MA MassDevelopment has issued a $23.45 million tax-exempt bond on behalf of TND 110 Ocean LLC, an affiliate of The Neighborhood Developers (TND), which will use proceeds to build a new seven-story, 56-unit affordable housing development
The impact of income limit changes in Connecticut - by Brian Royce
January 16, 2026
The U.S. Department of Housing and Urban Development (HUD) implemented geographic area definitions as determined by the Office of Management and Budget for the 2025 income limits. While most of the geographic area definitions had minimal impact on income limits nationally,
JLL secures $47 million construction loan for The United Group’s 164-unit The Arbella at Blue Hill...
December 19, 2025
Bloomfield, CT JLL Capital Markets has arranged a $47 million construction loan for The Arbella at Blue Hills, a 164-unit, active adult (55+) community to be developed. JLL worked on behalf of the developer, The United Group of Companies, Inc. (United Group) to secure the construction loan through Liberty Bank of Middletown.
Worth Avenue Capital closes $3.25 million construction loan for 10,000 s/f property
December 19, 2025
Greenwich, CT Worth Avenue Capital, LLC (WAC) has closed a $3.25 million construction loan for a residential home builder for the purpose of demolishing an existing home and building a new luxury home
MassDevelopment and M&T Bank provide $2.93 million in financing for new Bandoleros location by Melen...
December 19, 2025
Andover, MA MassDevelopment has partnered with M&T Bank to provide $2.93 million in loan financing to 429 S. Main St. LLC, a single-purpose entity created by local businessman Elmer Melendez. Melendez
Newmark arranges $84.5 million financing and sale of Keurig Dr Pepper HQ campus
December 12, 2025
Burlington, MA Newmark has arranged the $84.5 million sale and financing of 53 & 63 South Ave. – a two-building, 431,233 s/f office and R&D/manufacturing campus occupied by Keurig Dr Pepper.
Houlihan and Coleman of Houlihan-Parnes Properties place $1.755m loan for refinancing
December 12, 2025
Cheshire, CT Jeremiah Houlihan and James Coleman of Houlihan-Parnes Properties have arranged the refinancing of a two-story elevatored 26,000 s/f neighborhood retail center on 1111 South Main St.
Elm Grove Companies and Harborfields Realty Investors close $2.1 million loan on Wadleigh Falls
December 12, 2025
Newmarket, NH Elm Grove Companies and Harborfields Realty Investors LLC have closed a $2.1 million supplemental loan on Wadleigh Falls, a 57-unit age-restricted (55+) community located at 290 Wadleigh Falls Rd. Patrick Brady, president of Brady Capital Advisors, brokered the loan through Eastern Bank
New Year – New opportunities with the Connecticut chapter of the Appraisal Institute! - by John Ni...
December 12, 2025
On January 14, 2025, the Connecticut Chapter will hold its annual Holiday Party/Installation of Officers and Directors. President Jennifer O’Neill, SRA
AI is the most recent set-back to office occupancy - by Daniel Calano
December 12, 2025
orporate leaders are talking about Artificial Intelligence (AI) at every corporate retreat, and so are their real estate advisors…with good reasons. As AI reshapes staffing models, it is already influencing how much space companies, where they want it, and how it should be designed.
Real Estate Finance Association 2025: A Year of connections, insights, and record-breaking moments!
December 12, 2025
Boston, MA The 37th Annual REFA Gala was held on Monday, November 3rd at the Omni Boston at the Seaport, honoring National Development with the Swain Distinguished Service Award.
Liddy and Naff of Kelleher & Sadowsky arrange $14.35 million financing for CMK Development Partners,...
November 28, 2025
Worcester, MA Kelleher & Sadowsky Associates, Inc.’s capital markets team of Meghan Liddy and Chris Naff has arranged $14.35 million in total financing on behalf of CMK Development Partners, LLC for the acquisition and redevelopment of 57 Exchange St.
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