 (1).gif)
Category: Finance
Self-storage and economic development - by Albert Franke
October 18, 2019
We all have too much stuff. Some of us are hitting the age when we are downsizing and in doing so, need somewhere to store all of that stuff. Millennials, many of whom are deferring home purchases and prefer apartment living, need extra storage for their belongings.
Appraising and underwriting during periods of inflection - by David Kirk
October 18, 2019
Market inflections are a challenge for both the appraiser and underwriter in the commercial property markets. Economic and property market trends are used for forecasting, and forecasting methodologies are often relied upon in commercial property markets.
Opportunity Zones: A good bet, but still a bet - by Daniel Calano
October 18, 2019
Most of you probably know what an opportunity zone is. I’ll do a brief rundown and then focus on the opportunities for real estate development and the potential risks. Briefly, opportunity zones were created by the 2017 Tax Cuts and Jobs Act.
Ranieri of NorthMarq’s White Plains office places $7 million refinance of Montcalm Heights Apartme...
October 11, 2019
Chicopee, MA Robert Ranieri of NorthMarq’s White Plains office negotiated the $7 million refinance of Montcalm Heights Apartments. The property is located at New Ludlow Rd. and Montcalm St. Financing details include: A 10-year term…
Real Estate Finance Association October update: Fall programming and REFA Gala
October 11, 2019
On September 20th, REFA held the Annual Fall Conference at the Boston Harbor Hotel. The keynote session and panel discussion focused on the topic of, “Boston as the Center for Economic Development and Innovation.” The keynote speaker Kate Gulliver,
Eastern Bank places $2.6 million construction loan for Stoneridge Mutual Properties
October 11, 2019
Brockton, MA Eastern Bank placed a $2.6 million construction loan to Stoneridge Mutual Properties (Stoneridge) for the conversion of a former office building into a residential property at 75 Commercial St.
Groblewski and Feig of Fantini & Gorga arrange $8.5 million to refinance Burlington Self Storage
October 11, 2019
Wilmington, MA Fantini & Gorga arranged the refinancing of Burlington Self Storage in the amount of $8.5 million. Fantini & Gorga placed the financing on behalf of a long-standing client that has
Appraising cold storage/food facilities: Cost vs. market value - by Thomas Jensen
October 11, 2019
It is important for an appraiser to understand the difference between cold storage and food processing facilities compared to other forms of more traditional warehouse and manufacturing plants. The appraiser first needs to identify their unique physical characteristics and use
MassDevelopment and Washington Savings Bank provide $3.062 million loan to Degmar Development affili...
October 11, 2019
Lowell, MA MassDevelopment has participated with Washington Savings Bank to provide a $3.062 million loan to Residence at Mill Square LLC, an affiliate of Degmar Development Corp. Degmar used proceeds to
Oliver Street Capital secures $12.6 million loan with UniBank; arranged by Paulsrud and Lousararian ...
October 11, 2019
Tewksbury, MA JLL has arranged a $12.6 million refinancing for 554 Clark Rd., a 102,200 s/f flex/R&D building. JLL worked on behalf of the borrower, Oliver Street Capital, to secure the fixed-rate loan with UniBank
Company of the Month: Cornerstone Realty Capital celebrates 15 years of shared success
October 11, 2019
Lexington, MA Cornerstone Realty Capital, a boutique commercial mortgage brokerage company, is celebrating an exciting milestone as the company reaches 15 years of shared success. Over the last 15 years,
KeyBank CDLI secures $41 million for The Community Builders to renovate phase 2 of Lyman Terrace Apa...
October 11, 2019
Holyoke, MA KeyBank Community Development Lending and Investment (CDLI) secured $41 million of financing for The Community Builders (TCB), a nonprofit real estate developer, owner and manager based in Boston,
 (1).gif)
Trending Stories
Quick Hits
