Category: Finance

Connecticut Green Bank selects eight affordable  multifamily housing properties for first round of Solar MAP+

Connecticut Green Bank selects eight affordable multifamily housing properties for first round of S...

January 16, 2026
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+),
Eastern Bank named #1 SBA Lender in Mass.

Eastern Bank named #1 SBA Lender in Mass.

January 16, 2026
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.
JLL Capital Markets arranges $23m senior financing for 1008 Mass. Ave.

JLL Capital Markets arranges $23m senior financing for 1008 Mass. Ave.

January 16, 2026
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
MassDevelopment issues $23.45m bond on behalf of TND 110 Ocean LLC for new 56-unit affordable housing development

MassDevelopment issues $23.45m bond on behalf of TND 110 Ocean LLC for new 56-unit affordable housin...

January 16, 2026
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 impact of income limit changes in Connecticut - by Brian Royce

The impact of income limit changes in Connecticut - by Brian Royce

January 16, 2026
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,
JLL secures $47 million construction loan for The United Group’s 164-unit The Arbella at Blue Hills

JLL secures $47 million construction loan for The United Group’s 164-unit The Arbella at Blue Hill...

December 19, 2025
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.
Worth Avenue Capital closes $3.25 million construction loan for 10,000 s/f property

Worth Avenue Capital closes $3.25 million construction loan for 10,000 s/f property

December 19, 2025
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
MassDevelopment and M&T Bank provide $2.93 million in financing for new Bandoleros location by Melendez

MassDevelopment and M&T Bank provide $2.93 million in financing for new Bandoleros location by Melen...

December 19, 2025
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
Newmark arranges $84.5 million financing and sale of Keurig Dr Pepper HQ campus

Newmark arranges $84.5 million financing and sale of Keurig Dr Pepper HQ campus

December 12, 2025
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.
Houlihan and Coleman of  Houlihan-Parnes Properties place $1.755m loan for refinancing

Houlihan and Coleman of Houlihan-Parnes Properties place $1.755m loan for refinancing

December 12, 2025
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.
Elm Grove Companies and Harborfields Realty Investors close $2.1 million loan on Wadleigh Falls

Elm Grove Companies and Harborfields Realty Investors close $2.1 million loan on Wadleigh Falls

December 12, 2025
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
New Year – New opportunities with the Connecticut chapter of the Appraisal Institute! - by John Nitz

New Year – New opportunities with the Connecticut chapter of the Appraisal Institute! - by John Ni...

December 12, 2025
On January 14, 2025, the Connecticut Chapter will hold its annual Holiday Party/Installation of Officers and Directors. President Jennifer O’Neill, SRA