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Category: Finance
Use strong gov. revenues to provide comm’l. tax relief - by Valerie Pontiff
March 12, 2021
Takings without just compensation happen all the time. The pandemic has seen governments take education opportunities from students, resulting in anticipated lost lifetime earnings. Small businesses have been destroyed, with recourse
Underwriting the pandemic. Blustery markets prevail - by David Kirk
March 12, 2021
Blustery markets prevail in most property types, in most geography. Uncertainty and a combination of recessionary and expansionary economic forces impact activity and the property market conditions. Underwriting risks is the challenge of
The Real Estate Finance Association kicks off its 5th Mentor Program
March 12, 2021
Boston, MA REFA continued its programming on February 24th with a Fundamentals of Real Estate Tax 101 moderated by REFA Programs Committee Tri-Chair Mandy Eckhoff, partner, Robinson + Cole. John Ryder, vice president & managing consultant, Marvin F. Poer & Company, and Daniel Swift, principal consultant, Marvin F. Poer & Company, delivered a presentation
Rockland Trust provides $7.8m loan to The Caleb Group
February 12, 2021
Lowell, MA Rockland Trust has provided a $7.855 million loan to The Caleb Group to rehabilitate and preserve their affordable housing developments, Chestnut Square and Sirk Building. The Chestnut Square Apartments are located in the Lower Belvidere neighborhood and involve fourteen building
Coulombe and Feig of Fantini & Gorga arrange $2.5 million loan
February 12, 2021
Cambridge, MA Fantini & Gorga has arranged $2.5 million in permanent financing for an eleven-unit apartment building located at 122 Berkshire St. in the Wellington-Harrington neighborhood of the city. 122 Berkshire St. is a four-story walk-up apartment building that has laundry and storage space
Munoz of NorthMarq arranges $13 million construction loan for a 70-unit multifamily development
February 12, 2021
Lynn, MA Jeff Munoz, vice president of NorthMarq’s Boston office secured a $13 million construction loan for a 70-unit multifamily development. The transaction was structured as a full-term
MassHousing provides $14.8 million financing
February 12, 2021
Dorchester, MA MassHousing has provided $14.8 million in affordable housing financing to School House Brookledge Cummins LP, an affiliate of EAF Associates, to preserve the affordability of the 90-unit School House Brookledge Cummins property.
Cornerstone Realty Capital arranges $14.847 million financing for the acquisition of Reed Street Apa...
February 12, 2021
Randolph, MA Cornerstone Realty Capital arranged $14.847 million for the acquisition of Reed Street Apartments for True North Capital Partners. The 88-unit property consists of three 2.5-story garden-style brick apartment buildings
JLL Capital Markets arranges construction financing for two projects in Union Sq.
February 12, 2021
Somerville, MA JLL Capital Markets has arranged construction financing for two projects in the Union Sq. neighborhood of the city. Sitting adjacent to the new MBTA Union Sq. Green Line station, the 194,000 s/f, life sciences
The Real Estate Finance Association virtually hosts Annual Forecasting program on Jan. 28th
February 12, 2021
Boston, MA REFA kicked off 2021 by virtually hosting its Annual Forecasting Program on January 28th with over 200 members in attendance. The program included a
Richard “Dick” Dennis, Sr.: A life well-lived - by Bill Pastuszek
February 12, 2021
Dick Dennis passed away recently, having lived more than 90 years as an active and avid Bostonian. He lived a life of service to his family, his faith, and to the real estate appraisal profession.
Valuation of income property - by Steven Spangle
February 12, 2021
COVID-19 has impacted the entire country in numerous different ways in the past year and it has had a direct effect on the real estate industry. According to the U.S. Bureau of Labor Statistics the country has the highest unemployment rate
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