Category: Finance

Pelletier of Kirk&Company joins faculty at Salve Regina University

Pelletier of Kirk&Company joins faculty at Salve Regina University

February 12, 2021
Newport, RI Brett Pelletier, COO of Kirk&Company: Real Estate Counselors has been appointed to the Business and Economics faculty at Salve Regina University.  David Kirk, said,
The real estate  revolution in progress - by Daniel Calano

The real estate revolution in progress - by Daniel Calano

February 12, 2021
This article is mostly about questions, not answers. I’m only hoping to provoke your thinking about transitions in real estate. My premise is that we are on the precipice of significant change in the building and use of real estate.
Looking ahead for 2021  - by Marc Nadeau

Looking ahead for 2021 - by Marc Nadeau

February 12, 2021
Before we can move on to expectations for 2021 we really need to look back to 2020, a year that was unlike any experience in recent decades. It was about this time last year when COVID became part of
President’s message:  Remembering two appraisers - by John Drew

President’s message: Remembering two appraisers - by John Drew

February 12, 2021
The MA/RI Chapter hit the ground running in 2021, and I can’t say enough about our dedicated cadre of volunteers and staff that have come together to organize a jammed packed schedule of educational and program opportunities for the first quarter. 
“Has there even been  an unbiased appraisal?” -  by Sean Sargeant

“Has there even been an unbiased appraisal?” - by Sean Sargeant

February 12, 2021
Like many of you, I attended (virtually) the American Society of Appraisers’ seminar on Unconscious Bias for the Appraisal Profession in January 2021. Gary Smith and Janet Crenshaw Smith put together an insightful
Open the schools to improve business conditions - by Valerie Pontiff

Open the schools to improve business conditions - by Valerie Pontiff

February 12, 2021
Businesses do not exist to serve real estate. Instead, real estate exists and derives value from underlying business demand. New England states aggressively tax commercial real estate, and the revenue is largely directed to schools.
Value in commercial real  estate and elsewhere - by Brett Pelletier

Value in commercial real estate and elsewhere - by Brett Pelletier

February 12, 2021
Everyone wants to know what is going on. Myself included. The commercial real estate markets, the stock market, the housing market, life sciences in Boston, short sellers on Wall Street
 Fantini & Gorga completes the debt placement of $7.57 million

Fantini & Gorga completes the debt placement of $7.57 million

January 15, 2021
Auburn, ME Fantini & Gorga completed the debt placement of $7.57 million for the refinancing of a 168-unit multifamily complex.  Derek Coulombe, senior managing director and Ryan Maddaluna, analyst, placed the financing on behalf of their client
 MassDevelopment issue $33.628 in bonds to Notre Dame Health Care

MassDevelopment issue $33.628 in bonds to Notre Dame Health Care

January 15, 2021
Worcester, MA MassDevelopment has issued a $31.668 million tax-exempt bond and a $1.96 million taxable bond on behalf of Notre Dame Health Care Center, Inc., a nonprofit that owns and operates Notre Dame Long Term Care and Rehabilitation Center
Cornerstone Realty Capital arranges $3.9 million in acquisition financing for a 12-unit apartment property

Cornerstone Realty Capital arranges $3.9 million in acquisition financing for a 12-unit apartment pr...

January 15, 2021
Cambridge, MA Cornerstone Realty Capital arranged $3.9 million for the acquisition of a 12-unit apartment property. The property consists of one, three-story residential building that sits on two tax parcels on the Somerville/Cambridge line. 
Mack-Cali refinances Emery at Overlook Ridge with a $72 million mortgage from New York Community Bank

Mack-Cali refinances Emery at Overlook Ridge with a $72 million mortgage from New York Community Ban...

January 15, 2021
Malden, MA Mack-Cali Realty Corp. has completed multiple transactions across its residential portfolio, including the construction take-out financing of The Emery at Overlook Ridge.
Nardi joins Bluestone Bank as VP

Nardi joins Bluestone Bank as VP

January 15, 2021
Raynham, MA Bluestone Bank, a leading mortgage lender in southeastern Massachusetts, has hired Craig Nardi as vice president, residential lending operations manager. Nardi joins the bank with 20 years of experience across the mortgage industry.