Category: Finance

Raising the bar on residential condominiums in Exeter, NH - by Brian White

Raising the bar on residential condominiums in Exeter, NH - by Brian White

July 10, 2020
In the summer of 2016, the highest priced new construction residential condominium located in the town of Exeter, New Hampshire was commanding a sale price of approximately $370,000, slightly over $225 per s/f.
CRE releases its Top Ten Issues Affecting the Industry

CRE releases its Top Ten Issues Affecting the Industry

July 10, 2020
The Counselors of Real Estate (CRE) has identified the current and emerging issues expected to have the most significant impact on real estate, with the COVID-19 pandemic being the leading concern of the 1,000-member organization.
Appraisal Institute president’s message: Continuing to stay safe - by George Demopulos

Appraisal Institute president’s message: Continuing to stay safe - by George Demopulos

July 10, 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. Appraisers, just like all of our customers, clients and friends
To inspect or not inspect? A question many appraisers ask - by Laurie Mentz Nichols

To inspect or not inspect? A question many appraisers ask - by Laurie Mentz Nichols

July 10, 2020
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,
High performance buildings and stable affordable housing - by Brett Pelletier

High performance buildings and stable affordable housing - by Brett Pelletier

July 10, 2020
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.
Housing pressures “helped” by COVID: Not certain, but certainly changed - by Daniel Calano

Housing pressures “helped” by COVID: Not certain, but certainly changed - by Daniel Calano

July 10, 2020
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 Savings Bank partners with local restaurants to supply over 1,300 meals to residents

East Boston Savings Bank partners with local restaurants to supply over 1,300 meals to residents

June 12, 2020
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
Cornerstone Realty Capital arranges $17 million in financing

Cornerstone Realty Capital arranges $17 million in financing

June 12, 2020
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
Marcone of Marcone Capital arranges $27 million financing of Highwood Office Park - a 278,859 s/f, three building property

Marcone of Marcone Capital arranges $27 million financing of Highwood Office Park - a 278,859 s/f, t...

June 12, 2020
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
NKF arranges $8.3m in debt financing for Oliver Street Capital and Bain Capital Real Estate

NKF arranges $8.3m in debt financing for Oliver Street Capital and Bain Capital Real Estate

June 12, 2020
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).
Coulombe of Fantini & Gorga arranges $22.5 million in financing for Residences at Joan’s Farm

Coulombe of Fantini & Gorga arranges $22.5 million in financing for Residences at Joan’s Farm

June 12, 2020
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.
Boccabella promoted to senior vice president at The Village Bank

Boccabella promoted to senior vice president at The Village Bank

June 12, 2020
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.