Category: Finance

Fantini & Gorga places $6.672 million financing

Fantini & Gorga places $6.672 million financing

June 11, 2021
Boston, MA Fantini & Gorga has placed acquisition financing of $6.672 million for four net leased properties located in Rochester, Tonawanda, and Depew, N.Y., and in Beaver Falls, Penn.
The Real Estate Finance Association hosts a  virtual Executive Insights program on June 3rd

The Real Estate Finance Association hosts a virtual Executive Insights program on June 3rd

June 11, 2021
Boston, MA The REFA Emerging Leaders hosted a virtual Executive Insights program on June 3rd. This program featured Colleen O’Connor, VP, leasing, East Coast & U.K. Markets, BioMed Realty. O’Connor spoke about her background, projects she is working on
What is the office sector experiencing  as it moves out of COVID-19? - by Bill Pastuszek

What is the office sector experiencing as it moves out of COVID-19? - by Bill Pastuszek

June 11, 2021
What is the office sector experiencing as it moves out of COVID? What is in store for landlords, tenants, and office occupiers going forward? The office market is an asset class that was affected very fundamentally by the lockdown: The house/apartment/loft became the office for many, and is likely to continue to be for some.
Workforce housing in N.H. - by Kathleen Holden Bergeron

Workforce housing in N.H. - by Kathleen Holden Bergeron

June 11, 2021
Since the early 2000’s, rising home prices and rents in New Hampshire have resulted in in challenges for residents finding affordable housing in some areas. Meanwhile, record low unemployment has burdened businesses with a scarcity of qualified employees.
Increasing values and the appraiser’s challenge - by Steven Spangle

Increasing values and the appraiser’s challenge - by Steven Spangle

June 11, 2021
Housing prices have been increasing at amazing rates. This has been great for sellers but it is a challenge for appraisers. Projections for 2021 and 2020 are for increasing values. The percent of increase projected is generally slightly below the levels the market has been experiencing.
All property sectors are showing signs of improvement - by David Kirk

All property sectors are showing signs of improvement - by David Kirk

June 11, 2021
All property sectors are showing signs of improvement. For hospitality, entertainment, travel and retail, operations continue to lag substantially pre-pandemic performance and operations are forecast for extended short to long term uncertainty. Housing and places of employment are still strong and getting stronger as the economy recovers remarkably broadly.
We have stepped over the threshold into summer - by John Drew

We have stepped over the threshold into summer - by John Drew

June 11, 2021
We have stepped over the threshold into the official start of summer, and the signs of better weather are accompanied by signs of improvement in our local economy. Many experts seem to agree that as vaccination levels rise, and we begin to leave our masks behind, economic improvement will continue.
Marina Valuations – Methodology and the challenges ahead for the industry - by Marc Nadeau

Marina Valuations – Methodology and the challenges ahead for the industry - by Marc Nadeau

June 11, 2021
The valuation of marinas is one of the most challenging appraisals to perform respective of the fact that they often contain a lot of moving parts, so to speak. This article intends to simplify the process by outlining a succinct methodology for both the appraiser and operator alike.
Small business confidence will be contagious - by Valerie Pontiff

Small business confidence will be contagious - by Valerie Pontiff

June 11, 2021
There is nothing like a rush of confidence to fuel the spirit. Associated Industries of Massachusetts tracks monthly business confidence, with both March and April clocking in just over 60, a reading consistent with an expansion and positive business conditions.
Real estate futures? Look to the stock market - by Daniel Calano

Real estate futures? Look to the stock market - by Daniel Calano

June 11, 2021
There are a lot of questions, and many opinions, regarding real estate in a post COVID life. Journalists opine; analysts study statistics; pollsters take samples; developers hire supply demand consultants, and so on. In my opinion, we can all learn something from the stock market.
CBRE’s Multifamily Debt & Structured Finance team secures $15 million in financing

CBRE’s Multifamily Debt & Structured Finance team secures $15 million in financing

May 14, 2021
Chelsea, MA Bellingham Square LLC has completed the $19.05 million ($211,667 per unit) acquisition of a six-building, 90-unit multifamily portfolio. Bellingham Square LLC is a partnership amongst the principals of Vantage Real Estate, Harbor Run Development and Wallace Capital.
Fantini & Gorga arranges $1.865 million financing of Peabody KinderCare

Fantini & Gorga arranges $1.865 million financing of Peabody KinderCare

May 14, 2021
Peabody, MA Fantini & Gorga arranged a $1.865 million first mortgage loan for the refinancing of the KinderCare located at 520 Lowell St. Fantini & Gorga placed the financing on behalf of a long-standing client. John Gorga, president and principal, and Lindsay Feig, senior director, represented their client