Category: Finance

Invictus Real Estate Partners secures $55.83 million acquisition financing for The Berkeley at Waypointe and Quincy Lofts

Invictus Real Estate Partners secures $55.83 million acquisition financing for The Berkeley at Waypo...

March 12, 2021
Norwalk, CT JLL Capital Markets has arranged $55.83 million in acquisition financing for The Berkeley at Waypointe and Quincy Lofts, a multi-housing property located at 500 West Ave. and 30 Orchard St.
Walsh of EagleBridge Capital arranges $14.7 million financing for Darien Crossing, a two building office complex

Walsh of EagleBridge Capital arranges $14.7 million financing for Darien Crossing, a two building of...

March 12, 2021
Darien, CT EagleBridge Capital has arranged mortgage financing in the amount of $14.7 million for Darien Crossing, a two building office complex. The mortgage financing was arranged by EagleBridge director Brian Walsh who stated
Edgewood Cap. Advisors close $3.5 million loan

Edgewood Cap. Advisors close $3.5 million loan

March 12, 2021
New Haven, CT Edgewood Capital Advisors, a national commercial real estate bridge lender based in Southport, Conn., has closed a $3.5 million bridge loan on a portfolio of multifamily properties
Newmark secures acquisition financing for seniors housing asset

Newmark secures acquisition financing for seniors housing asset

March 12, 2021
Watertown, MA Newmark completed the acquisition financing of The Residence at Watertown Square, a 90-apartment senior living community located at 20 Summer St. Newmark managing director Sarah Anderson, vice chairmen
Guilford Savings Bank opens branch in North Haven

Guilford Savings Bank opens branch in North Haven

March 12, 2021
North Haven, CT With construction now complete, Guilford Savings Bank’s (GSB) newest branch office will officially open this month, bringing more community banking to the town. Located at the intersection of
 MassDevelopment issues a  $6.4 million tax-exempt bond

MassDevelopment issues a $6.4 million tax-exempt bond

March 12, 2021
Boston, MA MassDevelopment has issued a $6.4 million tax-exempt bond on behalf of 41 N. Margin Senior Apartments, LLC, an affiliate of East Boston Community Development Corporation (EBCDC) and Affirmative Investments, Inc.,
Update on the industrial market in Boston - by Bill Pastuszek

Update on the industrial market in Boston - by Bill Pastuszek

March 12, 2021
As we all pretty well know, industrial markets – by that, including warehousing, logistics, etc – have been the darling property sector during COVID-19. The Boston industrial market
Generation Z, on  the move… like literally. - by Daniel Calano

Generation Z, on the move… like literally. - by Daniel Calano

March 12, 2021
Last month I wrote about how culture influences the creation and use of real estate. My main point was that current culture changes so quickly, leading to an uncertain future of building permanence. In this article, I am venturing a bit further, perhaps
Appraisal theory and the advent of quantum computers - by Roger Durkin

Appraisal theory and the advent of quantum computers - by Roger Durkin

March 12, 2021
There is a radical rapid change coming to appraisal methodology in the form of quantum computers, algorithms, and artificial intelligence. Appraisers need to get up to date with statistical modeling and away from cookie-cutter appraisals.
Solar power on steroids - by Brian White

Solar power on steroids - by Brian White

March 12, 2021
Grid-tied solar systems have been multiplying over the past decade in New Hampshire, and throughout all of New England, as solar technology and the financial feasibility of installing a system have both improved. A solar array can be either a rooftop system
President’s message:  MA, RI and ME Chapter! - by John Drew

President’s message: MA, RI and ME Chapter! - by John Drew

March 12, 2021
I am writing to you this month to let  you know that I am no longer the 2021 president of the MA-RI Chapter of the Appraisal Institute. Instead I am proud to declare that I am now the 2021 president of the newly merged
Impact of COVID-19 on the Hartford industrial market - by Timothy Mitchell

Impact of COVID-19 on the Hartford industrial market - by Timothy Mitchell

March 12, 2021
As a real estate appraiser who specializes in industrial properties, I frequently get questions from building owners, industrial tenants, brokers and other real estate professionals about the impact of COVID-19 on the industrial sector. Although