To inspect or not inspect? That is the question many appraisers have faced with the onset of the pandemic. On any given day, a residential appraiser is in and out of several homes, in addition to making stops along the way for research,
Affordable housing is among the Counselors of Real Estate’s Top Ten Issues Affecting Real Estate for 2020-2021. COVID-19 has made the housing affordability challenge more widely seen and more widely felt throughout the US.
There are definitely shifts afoot in housing demand because of the coronavirus pandemic. The problem is, no one really knows how dramatically, or even in what direction, the shift will take us. Just like the economy, it all depends on how long pandemic lasts, and whether there is a vaccine in sight.
East Boston, MA East Boston Savings Bank has partnered with local restaurants to supply over 1,300 meals in East Boston, South Boston, Dorchester and Revere. The meals were distributed at various
Cambridge, MA Cornerstone Realty Capital arranged $17 million in financing for the refinance of a mixed-use property in Harvard Sq. The property, originally constructed in 2012, is comprised of three retail units
Tewksbury, MA Mike Marcone of Marcone Capital, Inc. has arranged the financing of Highwood Office Park, a property consisting of a 278,859 s/f, three building, high quality office park. Highwood Office Park is located off of I-495
Malden, MA Newmark Knight Frank (NKF) has arranged $8.3 million in debt financing for 129 Commercial St. on behalf of a partnership comprised of Oliver Street Capital and Bain Capital Real Estate (BCRE).
Tewksbury, MA Fantini & Gorga has completed the placement of $22.5 million financing of a stabilized multifamily community. Derek Coulombe, senior managing director at Fantini & Gorga structured and placed the financing with a regional bank on behalf of the sponsor.
Newton, MA According to Joseph De Vito, president and CEO of The Village Bank, Lisa Boccabella has been promoted to senior vice president of enterprise risk management.
Boston, MA REFA continues to create virtual engagement opportunities for its members to continue networking and education throughout this time. REFA held its fifth Coffee Hour on May 7th. These Coffee Hours serve as a networking opportunity to virtually bring members together for an open dialogue.
In this jumbled, unreal, and hard time world, after a long, uncomfortable lock-down, we yearn for some semblance of normalcy. As we start to come out of the lock-down, we think about doing things that we haven’t done or haven’t been allowed to do.
If there is one constant in the real estate industry it is change. Occupancy levels go up or come down, expenses increase or decrease as do rents. Ultimately values move in reactions to the changes.