In recent decades, the city of Portsmouth seems to have changed more drastically than any other community in New Hampshire. Before discussing some of these changes, I thought it would be interesting to note some of the demographic characteristics that make Portsmouth unique.
SALT, as you may know, is an acronym for State and Local Taxes. It was first introduced to us through An Act to Provide Reconciliation Pursuant to Titles II and V of the Concurrent Resolution on the Budget for Fiscal Year 2018, better known as the Tax Cuts and Jobs Act of 2017 (TCJA).
Year-end portfolio adjustments for tax, performance and allocation strategies are the logical foundation for tweaking budgets, resetting spending/saving plans for commercial real estate for 2020. Financial media and analysts/accountants focus on publicly traded investments,
Our real estate office has been in Harvard Sq. for over 20 years. Over that time, there was not a lot of physical building change, often due to a general respect for small local shops catering to Harvard professors, students and neighbors. Now, and over the last few years, the square is full
Manchester, CT Fantini & Gorga arranged a $2.75 million first mortgage loan for the acquisition of TGI Friday’s. Fantini & Gorga placed the financing on behalf of a long-standing client
Boston, MA Eastern Bank has completed a $7.5 million term loan to Big Night Entertainment Group for the construction and lease-hold improvements of Big Night Live at The Hub on Causeway.
Norwood, MA The Mass/RI Chapter of Appraisal Institute and MBREA hosted the New England Appraisers Expo on October 21st at the Four Points by Sheraton Norwood,
Hamden, CT Cronheim Mortgage arranged $34.4 million in financing for buildings 1-5 at Canal Crossing at Whitneyville West, a seven-building, 393-unit multifamily community when complete,
Revere, MA The CBRE Capital Markets team ahas secured construction financing in the amount of $20.492 million for 75 apartment units located at 90 Ocean Ave. The asset will consist of 100% market-rate
New Bedford, MA MassDevelopment has provided a $5.1 million loan to Wamsutta II, LLC, an affiliate of Acorn, Inc., for the redevelopment of 61 Wamsutta St. Acorn will use proceeds to redevelop the former mill building
Brookline, MA MassHousing has provided $25 million in financing to the Brookline Housing Authority (BHA) to provide improvements to the 100-unit Arthur O’Shea House located at 61 Park St.