Category: Finance

The Real Estate Finance Association  gearing up for the 32nd Annual REFA Gala

The Real Estate Finance Association gearing up for the 32nd Annual REFA Gala

October 9, 2020
Boston, MA The Real Estate Finance Association hosted its 6th Webinar on Wednesday, September 30th. The webinar, Building a Diverse Organization, was moderated by Mandy Eckhoff, partner, Robinson + Cole, and included panelists John Cruz III, president and CEO, Cruz Companies, Linda Dorcena Forry, vice president of diversity,
A little more than six months into… the new normal. So far, so good. - by Bill Pastuszek

A little more than six months into… the new normal. So far, so good. - by Bill Pastuszek

October 9, 2020
A little more than six months into…the new normal. So far, so good. A lot of counterintuitive results to be considered.
The hybrid appraisal, also called a bifurcated appraisal - by Steven Spangle

The hybrid appraisal, also called a bifurcated appraisal - by Steven Spangle

October 9, 2020
The hybrid appraisal, also called a bifurcated appraisal, is a product that has grown in popularity in the past few years. In this type of report someone other than the appraiser, supposedly another appraiser or a real estate agent, inspects the exterior and or the interior of a property. The information
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.