 (1).gif)
Category: Finance
Viability of Conceptual Plan - by Marsha Campaniello
August 13, 2021
As appraisers, we are often asked to complete an appraisal based on a conceptual plan of the subject property. The client may be requesting this appraisal for a multitude of reasons such as for bank financing; for feasibility of the plan in the current market; or to help determine the highest
Inflation worries? … or “not to worry?” - by Daniel Calano
August 13, 2021
We have all worried about the recent inflationary situation impacting real estate, where commodities like wood and steel have become extremely expensive, to say the least. Some commodities have increased in price by several hundred percent.
For rent: The ecosystem - by David Kirk
August 13, 2021
Daily rates available. Do not try to run the show. We are always in rehearsal! The built environment is a derivative of the economy and the ecosystem. Subject to factors of supply and demand for the built inventory, operators manage, developers build and adapt
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 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
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
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
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
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
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
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
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
 (1).gif)
Trending Stories
Quick Hits
