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Category: Finance
Coulombe and Maddaluna of Fantini & Gorga place $955,000
April 9, 2021
Westbrook, ME Fantini & Gorga has completed the debt placement of $955,000 for the refinancing of two multifamily properties. Derek Coulombe, senior managing director and Ryan Maddaluna, analyst
The Real Estate Finance Association celebrates Women’s History Month
April 9, 2021
Boston, MA REFA celebrated Women’s History Month with a REFA Past President’s Webinar on March 31st. 2020 REFA president Claudia Piper, Webster Bank
Trends or transformations: Housing market and the pandemic - by Bill Pastuszek
April 9, 2021
A year ago, the economy was in a deep shutdown state. The real estate industry was despairing of signs of viability in the retail, offices and lodging sectors and looking at a looming rent payment and eviction crisis
The FED and Functional Monetary Fit - by David Kirk
April 9, 2021
The FED released in mid-March the FOMC meeting updates, the FED forecast and the Fed Beige Book summaries. All three are relatively consistent and upbeat, not without caution and qualification. All three highlight
Diminution of value appraisal problem - by Marsha Campaniello
April 9, 2021
Over the years, I have completed Diminution of Value Studies as they relate to cell towers, bike paths, ATV trails, water towers and multifamily projects. In each instance the client is trying to determine whether or not the
We are always learning - by Shaun Fitzgerald
April 9, 2021
Many, many years ago at the age of 16, a family friend – also our insurance agent – congratulated me on getting my learner’s permit. No, no, I responded, I’ve had my learner’s permit for six months
President’s message: Standard of professional practice/ethics - by John Drew
April 9, 2021
The Appraisal Institute (AI), as a leader in the field of real property valuation and an agent of change/improvement in the appraisal profession, is once again taking steps to set the highest standard of professional practice and ethics.
Getting a read on uncertain markets - recommendations - by Michele Wood
April 9, 2021
Recently, I saw a headline reporting a 136% rise in people seeking readings from online psychics, no doubt caused by the acute uncertainty that we all find ourselves in over the past 12 months. Uncertainty leads to anxiety, and in times of anxiety
CRE Consulting Corps - Making a difference - by Michael Harrington
April 9, 2021
I’m often asked what does it mean to be a CRE? Followed up by what is a CRE and what are the goals of the organization? These are all good questions and they’re questions I’ve asked myself
Interest rate, cap rate, inflation: A witches brew? - by Daniel Calano
April 9, 2021
Over the last several years, since the 2008 Great Recession and earlier, I have written individual articles about interest rates, whether they would increase, whether it would affect real estate values, investment, and cap rates.
Cornerstone Realty Capital arranges $3.43 million financing
March 12, 2021
Taunton, MA Cornerstone Realty Capital arranged $3.43 million for the acquisition and renovation of a 30-unit multifamily property. The property consists of three two-story, identically-structured apartment buildings originally built in 1987, that feature wood-framing, clapboard siding, and asphalt-shingled hip and gable roofs.
Coulombe and Feig of Fantini & Gorga complete $2.5 million financing
March 12, 2021
Providence, RI Fantini & Gorga arranged $2.5 million in permanent financing for the refinancing of 204 Westminster St. Known as The Gaspee Building, the subject is ideally located in the down city arts district. Derek Coulombe, senior managing director and Lindsay Feig, senior director of Fantini & Gorga structured and placed the financing
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