Hartford, CT According to the Connecticut Green Bank, eight affordable multifamily housing properties are moving forward as the first round of projects under the Solar Marketplace Assistance Program Plus (Solar MAP+),
Boston, MA Eastern Bank has been named by the U.S. Small Business Administration (SBA) as the top lender to small businesses for SBA 7(a) loans in Massachusetts for the 17th consecutive year.
Cambridge, MA JLL Capital Markets has arranged $23 million senior financing for 1008 Mass Ave., a 65-unit luxury multifamily property. JLL represented the borrower with support from Boston Residential Group, LLC
Revere, MA MassDevelopment has issued a $23.45 million tax-exempt bond on behalf of TND 110 Ocean LLC, an affiliate of The Neighborhood Developers (TND), which will use proceeds to build a new seven-story, 56-unit affordable housing development
The U.S. Department of Housing and Urban Development (HUD) implemented geographic area definitions as determined by the Office of Management and Budget for the 2025 income limits. While most of the geographic area definitions had minimal impact on income limits nationally,
Bloomfield, CT JLL Capital Markets has arranged a $47 million construction loan for The Arbella at Blue Hills, a 164-unit, active adult (55+) community to be developed. JLL worked on behalf of the developer, The United Group of Companies, Inc. (United Group) to secure the construction loan through Liberty Bank of Middletown.
Greenwich, CT Worth Avenue Capital, LLC (WAC) has closed a $3.25 million construction loan for a residential home builder for the purpose of demolishing an existing home and building a new luxury home
Andover, MA MassDevelopment has partnered with M&T Bank to provide $2.93 million in loan financing to 429 S. Main St. LLC, a single-purpose entity created by local businessman Elmer Melendez. Melendez
Burlington, MA Newmark has arranged the $84.5 million sale and financing of 53 & 63 South Ave. – a two-building, 431,233 s/f office and R&D/manufacturing campus occupied by Keurig Dr Pepper.
Cheshire, CT Jeremiah Houlihan and James Coleman of Houlihan-Parnes Properties have arranged the refinancing of a two-story elevatored 26,000 s/f neighborhood retail center on 1111 South Main St.
Newmarket, NH Elm Grove Companies and Harborfields Realty Investors LLC have closed a $2.1 million supplemental loan on Wadleigh Falls, a 57-unit age-restricted (55+) community located at 290 Wadleigh Falls Rd. Patrick Brady, president of Brady Capital Advisors, brokered the loan through Eastern Bank
On January 14, 2025, the Connecticut Chapter will hold its annual Holiday Party/Installation of Officers and Directors. President Jennifer O’Neill, SRA