News: Financial Digest

NorthMarq Capital arranges $1.8 million for mixed use property

Debbie Orloff, senior vice president, of NorthMarq's Boston Regional office, has arranged permanent financing of $1.8 million for 9 Amelia Dr., a mixed use office, retail and apartment building. The loan was arranged for the borrower by NorthMarq through its relationship with Countrywide Commercial Real Estate Finance. 9 Amelia Dr., a six unit mixed use building, is located off of Old South Rd., approximately 1 1/2 miles south of the center of town. Easy airport and downtown access and convenient shopping add to location amenities of 9 Amelia Drive. It is managed and owned by 9 Amelia Dr. LLC, and is the main office for Chip Webster & Associates, a New England based architecture and development consultant firm specializing in sustainable design and development.
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Preservation of Affordable Housing secures $23.5 million in financing from Rockland Trust and Citizens Bank

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.
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Examples of investors who used Kay Properties for legacy and estate planning purposes for rental property/portfolios - by Dwight Kay

Examples of investors who used Kay Properties for legacy and estate planning purposes for rental property/portfolios - by Dwight Kay

Preserving wealth across multiple generations requires strategic planning, foresight, and the right investment vehicles. Delaware Statutory Trusts (DSTs) offer a powerful solution for families looking to build and protect their financial legacy and to efficiently plan for their estate.
Conn. hospitality market: A technical appraisal perspective on market dynamics and valuation challenges (2019-2025)

Conn. hospitality market: A technical appraisal perspective on market dynamics and valuation challenges (2019-2025)

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.