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Category: Finance
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 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
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.
WAC closes $350,000 loan for CT developer
January 15, 2021
Greenwich, CT Worth Avenue Capital, LLC (WAC) closed a $350,000 construction loan for a real estate developer/investor on a new “spec” house. The loan proceeds will be used to complete the construction of the house
Eastern Bank named #1 SBA Lender in MA for the 12th and in New England for the 11th year in a row
January 15, 2021
Boston, MA Eastern Bank has been named by the U.S. Small Business Administration (SBA) as one of the top lenders to small businesses for SBA 7(a) and 504 loans. Eastern Bank ranked as the No. 1 U.S. Small Business Administration (SBA) lender in Massachusetts
The Real Estate Finance Association named 2021 Board of Directors - Flynn will serve as president
January 15, 2021
The Real Estate Finance Association (REFA) has named its Board of Directors for 2021. Bill Flynn, SVP, business development, Net Lease Capital, will serve as president, along with president-elect, Lauren O’Neil, senior managing director, JLL, and treasurer Nilesh Bubna
The past year, reviewed. The next year, forecasted. - by Bill Pastuszek
January 15, 2021
To say that 2020 was an eventful, unprecedented year is to go with the traditional wisdom, which happens to be mostly right. Of real estate and appraisal, COVID created some challenges and gave out some surprises.
Jensen of Boston Appraisal & Consulting awarded CRE credential - by Thomas Jensen
January 15, 2021
Boston, MA Thomas Jensen, MAI, CRE, principal/executive director at Boston Appraisal & Consulting, LLC, has been awarded the CRE (Counselor of Real Estate) credential by The Counselors of Real Estate, an international group of high-profile
Let’s start 2021 with a much needed laugh or two - by Brian White
January 15, 2021
For commercial real estate appraisers, most days are spent inspecting buildings, walking land, gathering data, crunching numbers and writing reports. The general public likely thinks that the life of a commercial real estate appraiser is dull and uneventful
How the legal environment endangers appraisal practice -by Roger Durkin
January 15, 2021
This article is directed at all appraisers including real estate appraisers, business appraisers, art, antique, machinery, equipment, sports memorabilia, jewelry, coin, or collectibles. An appraiser is a person who provides a defined economic exchange value
President’s message: 2020 is in our rearview mirror - by John Drew
January 15, 2021
2020 is in our rearview mirror, but like most things in 2020 the Massachusetts and Rhode Island Chapter of the Appraisal Institute held their Holiday Meeting and Installation of Officers virtually on December 2nd. The MA-RI Chapter will once again
Elements re-shaping The value of real estate - by Marc Nadeau
January 15, 2021
A year of change: The year 2020 brought with it COVID, record low interest rates, a record increase in e-market commerce and federal and state moratoriums on evictions. These elements and more are proving to re-shape the real estate landscape.
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