Category: Finance

Cornerstone arranges $17.3 million for acquisition of Bay View Estates

Cornerstone arranges $17.3 million for acquisition of Bay View Estates

November 8, 2019
Portsmouth, RI Cornerstone Realty Capital arranged $17.3 million for the acquisition of a 130-unit apartment community, known as Bay View Estates. The property sits on 29 acres and consists of three
Morrill joins Grand Coast Capital as loan originator

Morrill joins Grand Coast Capital as loan originator

November 8, 2019
Boston, MA According to Grand Coast Capital Group, George Morrill has joined the team as loan originator. In this role, Morrill will utilize his many years of experience
Worth Avenue Capital closes a $150,000 commercial loan

Worth Avenue Capital closes a $150,000 commercial loan

November 8, 2019
Hartford, CT Worth Avenue Capital, LLC (WAC) closed a $150,000 commercial loan to a Connecticut based contractor that has been in business for sixty years. The company is engaged in HVAC,
Real Estate Finance Association host the 31st Annual REFA Gala on October 17<sup>th</sup> at Westin Copley

Real Estate Finance Association host the 31st Annual REFA Gala on October 17th at Westin ...

November 8, 2019
Boston, MA On October 17th, over 500 REFA members and guests gathered at the Westin Copley for the 31st Annual REFA Gala to celebrate and honor Jonathan Davis, founder and CEO of The Davis Companies
Opinions of value - and why they differ - by Mark Plourde

Opinions of value - and why they differ - by Mark Plourde

November 8, 2019
“What’s my property worth?” It seems like a simple question, but depending on whom you ask, the answer may vary – and sometimes by a lot. Why is there such a difference? Well, for starters - perhaps it wasn’t clear just “what” the
Life science building conversions in metro Boston - by Thomas Jensen

Life science building conversions in metro Boston - by Thomas Jensen

November 8, 2019
As the global life science industry continues to mature and grow, the level of demand for lab space in metros like Boston have far out-stripped the available supply for some time now. This is true especially in key life science
What’s with this market? The expansion continues...- by Bill Pastuszek

What’s with this market? The expansion continues...- by Bill Pastuszek

November 8, 2019
The expansion continues (Part VI, or something like that). I’ve been having discussions with appraisers, lenders, investors, experts and pretty much anyone who will engage in conversations, casual or formal. I continue to be amazed
CT Chapter of the Appraisal Institute president’s message - by Laurie Nichols

CT Chapter of the Appraisal Institute president’s message - by Laurie Nichols

November 8, 2019
It’s that time of year for Connecticut appraisers when the once colorful leaves start to blanket the ground, there is a nip in the air, and the dreaded realization hits that the end of the continuing education (CE) cycle is nigh.
Pause in the portfolio - period of adjustment is important - by David Kirk

Pause in the portfolio - period of adjustment is important - by David Kirk

November 8, 2019
The importance of periods of adjustment cannot be overstated. Everybody has a portfolio, choices to be made. The pause can be as aggressive and critical as the buy or the sell to maintain balance and the frontier. The pause is not
Affordable housing: Is zoning the enemy or the solution? by Daniel Calano

Affordable housing: Is zoning the enemy or the solution? by Daniel Calano

November 8, 2019
Recently, a local municipality has been considering a vote that would allow affordable housing projects to circumvent key parts of long established zoning. Circumvent is a polite word, since in this particular proposal the planning board, board
You need this license. You need to keep your certifications - by Cohen and Sousa

You need this license. You need to keep your certifications - by Cohen and Sousa

October 18, 2019
Around the country, there are 42 appraiser licensing jurisdictions where an appraiser’s license is required for all types of appraisals. Massachusetts mandates a license for federally related transactions but not for all appraisals. Who knew?
Big Data: We must analyze and understand primary data - by Bill Pastuszek

Big Data: We must analyze and understand primary data - by Bill Pastuszek

October 18, 2019
Big data is with us, all around us. We are inundated by surveys, studies, charts and graphs, that allow appraisers to understand – or misunderstand – the characteristics of the varied real estate markets in which appraisers work.