Category: Finance

Continuing education for NH/VT AI goes Zoom-Zoom - by Brian White

Continuing education for NH/VT AI goes Zoom-Zoom - by Brian White

October 9, 2020
Prior to March of 2020 and the COVID-19 pandemic, the only time you heard Zoom-Zoom was at the end of a Mazda commercial. Since that time period, business meetings, social events, television shows and all types of educational institutions have been utilizing video conferencing websites such as Zoom, Go ToMeeting, and Microsoft Teams to replace in-person meetings. The NH/VT chapter of the Appraisal Institute will be utilizing Zoom in order to deliver three two-hour fall seminars. The NH/VT chapter typically offers five in-person seminars each year to its membership and to appraisers from the region at a function room located in Concord, N.H. The New Hampshire Board of Real Estate Appraisers requires that
President’s message: Combat alleged bias in valuation - by George Demopulos

President’s message: Combat alleged bias in valuation - by George Demopulos

October 9, 2020
The Massachusetts and Rhode Island Chapter of the Appraisal Institute is hoping all of our friends and clients are continuing to stay safe during the COVID-19 pandemic. We are hoping everyone will continue to stay well as restrictions ease and we can go out and enjoy the upcoming fall weather!
Home improvements in the time of Coronavirus  - by Laurie Nichols

Home improvements in the time of Coronavirus - by Laurie Nichols

October 9, 2020
The shift to remote work during the coronavirus pandemic has had an effect on the home renovation market. Spending more time in the home has spurred a do-it-yourself (DIY) renovation renaissance and home improvement projects have become popular with the advent of social media platforms such as Pinterest, Instagram, and YouTube which offer ideas
Transmogrification -  Moving forward - by David Kirk

Transmogrification - Moving forward - by David Kirk

October 9, 2020
Transforming in a surprising or magical manner does offer some direction if not specificity. The FED recently released the Beige Book, the monthly FOMC statement and the FED forecast all of which provide fiscal stability for the foreseeable future (for as much as two years). The pandemic has prevailed
Real estate boom or bust: Flip sides of the covid coin - by Daniel Calano

Real estate boom or bust: Flip sides of the covid coin - by Daniel Calano

October 9, 2020
Recently, during a carefully planned and socially distant open porch wine tasting, someone mentioned how hot the real estate market was. They could see it in their neighborhood, and the evidence in the stock market showed how well builders and developers were doing. Young people were buying houses more than ever before,
Sidel of EagleBridge arranges  $1.6 million for bank building

Sidel of EagleBridge arranges $1.6 million for bank building

September 11, 2020
Salem, MA EagleBridge Capital, has arranged mortgage financing in the amount of $1.6 million for a local bank building. The mortgage financing was arranged by EagleBridge principal Ted Sidel who stated that the loan was provided by a leading bridge lender.
FinanceBoston arranges $5.5 million construction loan for a waterfront development in Swampscott

FinanceBoston arranges $5.5 million construction loan for a waterfront development in Swampscott

September 11, 2020
Swampscott, MA FinanceBoston has arranged senior debt financing for the construction of a six home development in the town on the North Shore of Boston.
Cornerstone Realty Capital arranges $14.82m in financing - also handles $6.955m financing for multifamily development

Cornerstone Realty Capital arranges $14.82m in financing - also handles $6.955m financing for multif...

September 11, 2020
Cambridge, MA Cornerstone Realty Capital arranged $14.82 million in financing for the refinance of a portfolio of apartment properties located throughout Cambridge and Somerville.
NorthMarq’s Boston office secures $10.5m refinance of Hyannis House - a 111-unit multifamily property

NorthMarq’s Boston office secures $10.5m refinance of Hyannis House - a 111-unit multifamily prope...

September 11, 2020
Hyannis, MA Jeffrey Munoz, vice president of NorthMarq’s Boston office, completed the $10.5 million refinance of Hyannis House Apartments. The 111-unit multifamily property is located at 290 West Main St.
MassHousing provides $27.3m in affordable housing financing

MassHousing provides $27.3m in affordable housing financing

September 11, 2020
Randolph, MA MassHousing has provided $27.3 million in affordable housing financing to an affiliate of Hebrew SeniorLife to renovate and extend the affordability for lower-income senior citizens at the 160-unit Simon Fireman Community.
The Real Estate Finance Association update:  The 32<sup>nd</sup> Annual Virtual Gala – October 19<sup>th</sup>

The Real Estate Finance Association update: The 32nd Annual Virtual Gala – October 19<...

September 11, 2020
Boston, MA REFA was busy at work in August planning its fall programming. REFA’s 6th Webinar: Hiring Diversely with Intention, originally slated to take place on Wednesday, September 9th
Compression: Late summer musings - by Bill Pastuszek

Compression: Late summer musings - by Bill Pastuszek

September 11, 2020
Late Summer Musings. Working remotely, trying to understand the current state of the country, world, real estate, and appraisal.