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Category: Finance
JLL arranges $870 million construction loan for South Station redevelopment - on behalf of Hines, AP...
February 14, 2020
Boston, MA JLL Capital Markets has arranged an $870 million construction loan for the first phase of the South Station redevelopment, which comprises a 1.2 million s/f, 51-story mixed-use tower that will be built at the city’s South Station
Coulombe of Fantini & Gorga places $22.5 million financing for Residences at Joan’s Farm
February 14, 2020
Tewksbury, MA Fantini & Gorga has placed $22.5 million financing of a stabilized multifamily community. Derek Coulombe, senior managing director at Fantini & Gorga structured and placed the financing
MassHousing provides $14.4m to Barkan Cos.
February 14, 2020
Fitchburg, MA MassHousing has provided $14.4 million in affordable housing financing to an affiliate of the Barkan Companies, to extend the affordability of the Fitchburg Green affordable housing community,
Marcone of Marcone Capital arranges $7.8 million financing of Independence Place
January 10, 2020
Bedford, NH Mike Marcone of Marcone Capital, Inc. has arranged the $7.8 million financing of Independence Place, a property consisting of a high quality, two story, 102,538 s/f medical and general office building.
PGIM Real Estate Financing completes $12.4 million
refinancing of The Village at Cedar Heights
January 10, 2020
Mansfield, MA PGIM Real Estate Financing has completed $12.4 million in HUD 223(F) – Early Rate-Lock refinancing to Mansfield Apartments I, LLC for The Village at Cedar Heights. The property is located 10 Connors Ave.
Newmark Knight Frank arranges $173 million loan to refinance the Archer Residences on behalf of C...
January 10, 2020
Boston, MA On behalf of Center Court Mass, LLC, Newmark Knight Frank (NKF) has arranged a $173 million loan to refinance the Archer Residences, a 62-unit luxury condominium project
Cornerstone Realty Capital completes $4.7 million refinance of 18-unit property
January 10, 2020
Brookline, MA Cornerstone Realty Capital arranged $4.7 million for the refinance of an apartment building located in the desirable Coolidge Corner neighborhood. The property features 18 residential apartments consisting of four studio units
JLL arranges $53.8m construction financing for The Noannet Group
January 10, 2020
Somerville, MA JLL has arranged $53.8 million in construction financing in the form of a participating mortgage for the development of Cambria Somerville-Cambridge, a new 163-room, full-service hotel.
CBRE secures $37.2m financing for acquisition of Alta Easterly on behalf of Audubon Capital Partners...
January 10, 2020
Walpole, MA CBRE has secured $37.2 million in financing to assist with the acquisition of Alta Easterly, a 157-unit apartment community located at 1100 Cricket Ln.
MassHousing commits $7.9 million in affordable housing financing to The Neighborhood Developers
January 10, 2020
Revere, MA MassHousing has committed $7.9 million in affordable housing financing to the non-profit The Neighborhood Developers (TND) for the construction of the 571 Revere St. The MassHousing financing will allow TND to construct 51 units of new affordable housing for households across a broad range of incomes, including 19 new workforce housing units.
Real Estate Finance Association named its board of directors for 2020 - Piper of Webster Bank named ...
January 10, 2020
Boston, MA The Real Estate Finance Association (REFA) has named its board of directors for 2020. Claudia Piper, senior vice president, Webster Bank, will serve as president along with president-elect, Bill Flynn, senior vice president at Net Lease Capital Advisors.
The year reviewed: An eventful year 2019 was, on many fronts - by Bill Pastuszek
January 10, 2020
An eventful year, 2019 was, on many fronts. On the real estate end of things, it was a pretty much steady as it continues to go this time of year. The biggest surprise was that these markets keep on going, going, going, like that tired old TV Bunny!
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