Category: Finance

MassHousing closes on $2.8 million in financing for workforce housing to The Community Builders

MassHousing closes on $2.8 million in financing for workforce housing to The Community Builders

May 8, 2020
Northampton, MA MassHousing has closed on $2.8 million in affordable workforce housing financing to The Community Builders (TCB) for the ongoing construction of the 12-unit 35 Village Hill Rd. Valley Community Development Corp. is the project co-sponsor.
The Real Estate Finance Association update – Keeping members engaged at home

The Real Estate Finance Association update – Keeping members engaged at home

May 8, 2020
Boston, MA Two months into the work from home mandate, the Real Estate Finance Association (REFA) continues to work hard to create valuable virtual content for its membership during this time to keep its membership engaged.
Uncertainty in the time of COVID-19 - by Bill Pastuszek

Uncertainty in the time of COVID-19 - by Bill Pastuszek

May 8, 2020
Uncertainty in the time of COVID-19. Real estate investors – investors of all types – abhor uncertainty, knowing however it is always present. Investment activity is guided by managing risk inherent in an uncertain future. The COVID-19 environment has taken investment uncertainty to new levels.
COVID-19:Creating functionally obsolete office space - by Thomas Jensen

COVID-19:Creating functionally obsolete office space - by Thomas Jensen

May 8, 2020
As governments begin easing restrictions enabling non-essential workers to return to work, employers need to prepare return-to-office protocols. Employers must comply with government orders with guidance from federal, state, and local officials as the situation evolves.
Site visits and appraising properties in the times of Covid-19 - by Stephen Bergeron

Site visits and appraising properties in the times of Covid-19 - by Stephen Bergeron

May 8, 2020
During the past six weeks, I have received dozens of e-mails from lenders with guidance on how to satisfy their requirements and USPAP requirements while also social distancing due to Covid-19. In the past few weeks, I have had the opportunity to try several of the recommended approaches.
COVID-19: Millions of questions we will have to ask - by Shaun Fitzgerald

COVID-19: Millions of questions we will have to ask - by Shaun Fitzgerald

May 8, 2020
Covid-19! What else could this article be about? What other title would be appropriate. It’s all we hear about and all we read about. You’re reading about this in a real estate journal, so the topic really has to be about the effect of Covid-19 on real estate.
President’s message:  Online appraisal education - by George Demopulos

President’s message: Online appraisal education - by George Demopulos

May 8, 2020
The Massachusetts and Rhode Island Chapter of the Appraisal Institute is hoping all of our friends and customers are continuing to stay safe during the Covid-19 pandemic. Appraisers, just like all of our customers, clients and friends in the real-estate and mortgage professions
Brother, can you spare a Bitcoin? - by Laurie Mentz Nichols

Brother, can you spare a Bitcoin? - by Laurie Mentz Nichols

May 8, 2020
As the U.S. navigates the COVID-19 storm, people are concerned as to whether they can keep financially afloat. The closure of nonessential businesses, rising unemployment claims, and the uncertainty of a steady household income contributed towards lowered consumer confidence and economic
The new normal - Real estate post-COVID-19 - by Brett Pelletier

The new normal - Real estate post-COVID-19 - by Brett Pelletier

May 8, 2020
COVID-19 has impacted our lives in significant ways. A month ago, we were knee deep in planning responses to new information and a new way of getting business done. Much of it temporary. Reacting to the virus has been immediate and pressing, but what happens next is more important
Backstopping financial damage from Coronavirus - by Daniel Calano

Backstopping financial damage from Coronavirus - by Daniel Calano

May 8, 2020
You may be wondering what our government is doing to provide assistance to our economy, companies, individuals, during the Coronavirus crisis. Let’s start with… it’s a lot. This is a story of what the financial rescue steps are, and how they compare to government efforts during the 2007- 2008 Great Recession. 
Black, Burke and Koop of Colliers handle $48 million financing for The Woodlands Apartments

Black, Burke and Koop of Colliers handle $48 million financing for The Woodlands Apartments

April 10, 2020
Middleborough, MA Colliers International’s executive vice president Jeff Black and assistant vice presidents Sean Burke and Bryan Koop of its Capital Markets team arranged $48 million
Berkadia secures $211.25 million refinancing for Hancock Village

Berkadia secures $211.25 million refinancing for Hancock Village

April 10, 2020
Chestnut Hill, MA Berkadia has secured financing for Hancock Village, a townhome community. Managing director Robert Lipson of Berkadia’s Shrewsbury, N.J. office secured the $211.25 million