Jasie of Pioneer Financial places $1.4m on behalf of JLG Realty
Pioneer Financial Group, LLC recently placed financing in the amount of $1.4 million on behalf of JLG Realty Associates LLC. The subject property is comprised of 21 residential apartment units.
Managing member Sean Jasie worked with a national lender in securing the financing for the Charlton Street refinance.
The property has three, 3-story buildings that were constructed between 1986 and 1988. The unit mix is mostly one and two-bedrooms with one studio apartment located in each building.
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