Category: Finance

The Real Estate Finance Association has a  busy month of February with multiple events

The Real Estate Finance Association has a busy month of February with multiple events

March 13, 2020
Boston, MA The Real Estate Finance Association (REFA) is coming off an eventful month. On February 25th, REFA hosted a sold-out education program at Atlantic Wharf on The Impact of the LIBOR Changes.
Industrial market overview in Boston - by Bill Pastuszek

Industrial market overview in Boston - by Bill Pastuszek

March 13, 2020
In surveying the Boston Industrial market, I came across the following. CBRE’s 2020 Market Overview notes that “the U.S. Industrial market will see some dramatic shifts in 2020. Absorption gains will be difficult to achieve” where in some markets there are extremely low vacancy rates and limited space options.
What’s a residential lot worth and who buys them? - by Brian White

What’s a residential lot worth and who buys them? - by Brian White

March 13, 2020
In the Seacoast area of New Hampshire, similar to many other markets in New England, the prices of single residential lots have dramatically increased over the past several years along with the prices of single family homes. After examining the asking and
Hybrid appraisals: A step forward or a step back? - by Steven Spangle

Hybrid appraisals: A step forward or a step back? - by Steven Spangle

March 13, 2020
Articles about hybrid appraisals are increasingly being written as these types of appraisals become increasingly popular with clients. Some appraisers are embracing them as the future of the appraisal industry while others are refusing to take these types of assignments. 
The spring market is here! Appraisers need to stay current - Maria Hopkins

The spring market is here! Appraisers need to stay current - Maria Hopkins

March 13, 2020
The spring market has arrived. We are hearing from many real estate professionals that there is a lack of inventory for their buyers. In many areas there are lines of people waiting to look at every house with multiple offers over asking. Pent up demand coupled with record low interest rates
2020 is in full swing as  we head into the spring! - by George Demopulos

2020 is in full swing as we head into the spring! - by George Demopulos

March 13, 2020
The Massachusetts and Rhode Island Chapter of the Appraisal Institute 2020 is in full swing as we head into the spring! Our next Board of Directors meeting is being held on Wednesday, March 24th in Braintree, MA at the Braintree Residence Inn.
The price of a good story: Appraising stigmatized properties - by Laurie Mentz Nichols

The price of a good story: Appraising stigmatized properties - by Laurie Mentz Nichols

March 13, 2020
One of my favorite things about being an appraiser is sharing “war room” stories. Many of the tales I’ve heard over the years are common in the sense that they include the typical things encountered on inspections - animals, unique features, persons in a state of dishabille, or questionable items on the property.
Addressing the current black swan disruptor - by David Kirk

Addressing the current black swan disruptor - by David Kirk

March 13, 2020
The contagion from COVID-19 has been a black swan disruptor resulting in collaborative communication and cooperation within the global economy. The built environment is vulnerable. The built environment can also be a constructive component in containing
Real state design: Short shelf life for a “permanent” structure - by Daniel Calano

Real state design: Short shelf life for a “permanent” structure - by Daniel Calano

March 13, 2020
Recently, I have been doing some market analysis consulting for a developer in Naples, Florida regarding “What buyers want” in housing. The bottom line was that buyers want something different than they wanted five years ago, which was different than five
JLL Capital Markets arranges $43.18 million in acquisition financing - loan placed with Cambridge Savings Bank

JLL Capital Markets arranges $43.18 million in acquisition financing - loan placed with Cambridge Sa...

March 13, 2020
Framingham, MA JLL Capital Markets has arranged $43.18 million in acquisition financing for a two-property office portfolio totaling 292,014 s/f. JLL worked on behalf of the borrower, a partnership between Campanelli and
Loan placed with Cambridge Savings Bank

Loan placed with Cambridge Savings Bank

March 13, 2020
Ashland, MA Citizens Bank’s Community Development Group has provided $24.2 million in construction loans for three separate affordable housing projects in the state.
Rockport Mortgage handles $30m in financing for Rolling Green Apartments

Rockport Mortgage handles $30m in financing for Rolling Green Apartments

February 14, 2020
Amherst, MA Rockport Mortgage Corp. has closed an FHA Section 223(f) refinancing loan for Rolling Green Apartments totaling $30 million. The property has been owned and managed by Beacon Communities LLC since 2014.