Category: Finance

Square Mile Capital originates $433.8 million construction loan for Cambridge Crossing

Square Mile Capital originates $433.8 million construction loan for Cambridge Crossing

February 14, 2020
East Cambridge, MA Square Mile Capital Management LLC (Square Mile Capital) has originated a $433.8 million construction loan to finance the next phase of the Cambridge Crossing master-planned development being
Stuff is happening that affects appraisers - by Cohen and Sousa

Stuff is happening that affects appraisers - by Cohen and Sousa

February 14, 2020
There’s no doubt that the appraisal profession, as small as it is, remains on the radar of federal and state lawmakers and regulators. The size of the profession, coupled with the fact so few appraisers belong to any association that stands up for them, makes challenging adverse changes very difficult.
The appraiser as an expert witness - by Roger Durkin

The appraiser as an expert witness - by Roger Durkin

February 14, 2020
This article is a taste of information about what an appraiser should and should not do as an appraisal expert witness. Almost every lawsuit is more about money than justice. Appraisers provide the money figures. And every lawsuit that involves professional
Appraisal misconceptions - by Bill Pastuszek

Appraisal misconceptions - by Bill Pastuszek

February 14, 2020
My very unscientific research shows some myth busting is needed. Here are some myths, misses and misconceptions. 1. The Appraisal Profession is Endangered. Not really. Despites rumors and some efforts to make it so, it’s a pretty good profession to be in.
MA/RI Chapter of AI president’s February message - by George Demopulos

MA/RI Chapter of AI president’s February message - by George Demopulos

February 14, 2020
The Massachusetts and Rhode Island Chapter of the Appraisal Institute opened the 2020 year with our first organizational meeting in January to establish our important committees and to discuss our yearly goals. The entire board of directors
An age-old problem or rather, old age - by Laurie Mentz Nichols

An age-old problem or rather, old age - by Laurie Mentz Nichols

February 14, 2020
It’s old news for residential real estate appraisers – our numbers are dwindling. As of December 2019, the Appraisal Institute (AI) estimated that there were approximately 77,800 unique appraisers in the U.S. active appraiser population,
What’s built is what’s financed, mostly. - by David Kirk

What’s built is what’s financed, mostly. - by David Kirk

February 14, 2020
What’s built is what’s financed, mostly. Accordingly, good ideas in commercial real estate need buy-in from the capital markets, even where equity capital is substantial in the capital stack. Demand continues to be supported by job gains (net 225,000 newly hired in January 2020), m
Future of real estate marketing: Are you in control? - by Daniel Calano

Future of real estate marketing: Are you in control? - by Daniel Calano

February 14, 2020
They say there is an app for everything. You probably use many of them in your real estate work. You probably know a fair amount about social media, influencers, search engines and other ways to bring real estate to the consumer. But are you on top? Are you in control?
Coronavirus and business interruption: Are you covered? - Spencer Macalaster

Coronavirus and business interruption: Are you covered? - Spencer Macalaster

February 14, 2020
Emerging in Wuhan, a city in China’s Hubei province, in late December, the outbreak of the novel coronavirus, a never-before-seen respiratory illness, is sweeping through the country, already infecting thousands there, according to the Centers for Disease Control. While t
Cornerstone Realty Capital arranges $16 million refinance

Cornerstone Realty Capital arranges $16 million refinance

February 14, 2020
Reading, MA Cornerstone Realty Capital arranged $16 million for the refinance of a garden-style apartment property. The property features 112 units spread between four buildings with a unit mix of three studios,
Juran of NorthMarq secures $7.17 million

Juran of NorthMarq secures $7.17 million

February 14, 2020
Windsor, CT Noah Juran, senior vice president/managing director of NorthMarq’s Cincinnati office secured the $7.17 million bridge loan for the acquisition of 1 Targeting Center, a 97,256 s/f office prop
REFA kicks off 2020 by hosting Annual  Forecasting Breakfast

REFA kicks off 2020 by hosting Annual Forecasting Breakfast

February 14, 2020
Boston, MA REFA kicked off 2020 by hosting its Annual Forecasting Breakfast on January 28th at WilmerHale. This year’s lineup boasted a number of industry professionals, beginning with keynote speaker David Darst,