Cooper-Horowitz arranges financing for 5 properties totaling $29.625m
Cooper-Horowitz, Inc. recently arranged financing on the following properties:
* 85 Dan Rd., Canton, Mass.: office/research facility. The loan was for $3.825 million.
* 275 Dan Rd., Canton: office/research facility: The loan was for $3.9 million.
*Western Row Plaza: 6643 Western Row, Mason Ohio: A 31,000 s/f retail center. The loan was for $3.1 million.
* 1756 Highway 17, Surfside Beach, S.C.: 174,000 s/f retail center. The loan was for $9.8 million.
* Hampton Inn & Suites, 4800 Market St. Fredericksburg, VA: 121 room hotel. The loan was for $9 million.
The firm was represented by Mark Waldman & Malcolm Jacobs on the above transactions
Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary