Category: Finance

Damigella of Marcus & Millichap Capital Corp. arranges $14.933 million financing in two deals

Damigella of Marcus & Millichap Capital Corp. arranges $14.933 million financing in two deals

July 9, 2021
Leicester, MA Marcus & Millichap Capital Corp. (MMCC) has arranged a $6.945 million refinancing loan for a 78-unit multifamily property located at 500 Stafford St. Robert Damigella of MMCC arranged the 10-year loan
Appraisal Institute provides year-round programming - by John Drew

Appraisal Institute provides year-round programming - by John Drew

July 9, 2021
Some organizations may take the summer off, but the MA-RI-ME Chapter of the Appraisal Institute continues to provide the year-round programming, and the behind the scenes planning that our members expect.
Spiegel Associates arranges $11.9 million for Cambridge condo construction

Spiegel Associates arranges $11.9 million for Cambridge condo construction

July 9, 2021
Cambridge, MA Sidney Spiegel of Spiegel Associates has arranged an acquisition and construction loan for 18 units at 1043-1069 Cambridge St. Upon completion, the property will consist of a single, four-story building with a
Real Estate Finance Association to host  33rd Annual REFA Gala: Tuesday, October 26th

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

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

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

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

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

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

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, Shrewsbury, MA

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