Conquest Capital Partners closes $3.778 million loan for Diamond Builders project
Conquest Capital Partners recently closed the largest loan in its 4 year lending history with luxury home builder, Diamond Builders. The deal was inked back in May for the 6 lot subdivision right off of Bay Rd. Dmitry Deych of Diamond Builders agreed to purchase the land from a local developer. Conquest and Diamond worked out the terms of the deal in late May and commenced on the transaction June 23.
The subdivision will be comprised of six custom homes priced at $1 million plus. These custom homes will be marketed by Vladir Frenkel of Remax. This is the 3rd transaction that Diamond and Conquest have linked up on. The first were also new construction in Canton and Sharon totaling more than $3.7 million in real estate sale value.
Ryan Gadles, Conquest's founder was responsible for the loan origination.
Cambridge, MA The nonprofit Preservation of Affordable Housing (POAH) has secured $23.5 million in financing from Rockland Trust and Citizens Bank to transform a 150-year-old, underutilized church complex into housing. The project will ultimately create 46 affordable family-sized apartments.
The Connecticut hospitality market has demonstrated uneven recovery patterns between 2019 and 2025, with boutique and historic properties achieving $125 RevPAR in 2025, up 8.7% from the 2019 level. Coastal resort properties achieved a $105 RevPAR in 2025, representing 10.5% growth since 2019. Casino corridor properties maintained modest growth with RevPAR improving 4.5% to $92 in 2025.
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