Category: Financial Digest

Real Estate Finance Association names 2022 board of directors - O’Neil named president

Real Estate Finance Association names 2022 board of directors - O’Neil named president

January 14, 2022
Boston MA The Real Estate Finance Association (REFA) has named its Board of Directors for 2022. Lauren O’Neil, managing director COO, private equity at AEW Capital Management will serve as president, along with president-elect, Nilesh Bubna,
Coulombe of Fantini & Gorga arranges $23m loan for Brooks Street Commons

Coulombe of Fantini & Gorga arranges $23m loan for Brooks Street Commons

December 10, 2021
Worcester, MA Fantini & Gorga has completed the placement of a $23 million construction loan for the Brooks Street Commons, a to-be-built 111-unit multifamily property on the north side of the city.
JLL Capital Markets secures $35.34 million funding for two office assets

JLL Capital Markets secures $35.34 million funding for two office assets

December 10, 2021
Andover, MA JLL Capital Markets has arranged $35.34 million in financing for the acquisition and repositioning of a 233,726 s/f, two-building R&D/office portfolio into a life sciences campus in the suburban Boston community.
Marcone Capital completes $21.5m financing of Connector Park - consisting of two, four-story office buildings totaling 199,783 s/f

Marcone Capital completes $21.5m financing of Connector Park - consisting of two, four-story office ...

December 10, 2021
Lowell, MA Mike Marcone of Marcone Capital, Inc. has arranged the financing of Connector Park, a property consisting of two, four-story, high quality office buildings totaling 199,783 s/f.
Sidel of EagleBridge Capital places $14.65 million debt and equity financing for a class A, two-story building containing 77,000 s/f

Sidel of EagleBridge Capital places $14.65 million debt and equity financing for a class A, two-stor...

December 10, 2021
Andover, MA EagleBridge Capital has arranged mortgage and JV equity financing in the amount of $14.65 million for 6 Riverside Dr., a flex/R&D building. The financing was arranged by EagleBridge principal Ted Sidel.
CBRE Investment Management closes on a $49.7 mortgage loan

CBRE Investment Management closes on a $49.7 mortgage loan

December 10, 2021
Ashland, MA A fund sponsored by CBRE Investment Management closed on a $49.7 mortgage loan to finance Taurus Investment Holdings’ acquisition and renovation of Chestnut Place, a 207-unit garden-style residential property.
PACE Loan Group provides $3.2 million in financing

PACE Loan Group provides $3.2 million in financing

December 10, 2021
Providence, RI Rhode Island Infrastructure Bank (Infrastructure Bank) completed $3.2 million in Commercial Property Assessed Clean Energy (C-PACE) program financing for energy efficiency elements being built into the new Eddy Street Self Storage facility
MassHousing closes on $9m in financing for Woodland Cove

MassHousing closes on $9m in financing for Woodland Cove

December 10, 2021
Wareham, MA MassHousing has closed on $9 million in financing to Dakota Partners, Inc., to support the development of Phase I of the Woodland Cove affordable rental housing community.
Atlantic Capital Partners sells Citizens Bank for $2.13 million

Atlantic Capital Partners sells Citizens Bank for $2.13 million

December 10, 2021
Tewksbury, MA Atlantic Capital Partners has completed the $2.13 million sale of Citizens Bank, a 3,134 s/f, free-standing, single-tenant building with drive-thru ATM.
Real Estate Finance Association virtually hosted its 33rd Annual REFA Gala on November 16th

Real Estate Finance Association virtually hosted its 33rd Annual REFA Gala on November 16th

December 10, 2021
Boston, MA REFA virtually hosted its 33rd Annual REFA Gala on Tuesday, November 16th. This year’s Gala honored Bulfinch Companies, Inc. and WinnCompanies with the Swain Distinguished Service Award.
EagleBridge Capital arranges $6m financing for Hurley Farms Business Park

EagleBridge Capital arranges $6m financing for Hurley Farms Business Park

November 12, 2021
Oxford, CT EagleBridge Capital has arranged permanent mortgage financing in the amount of $6 million for the Hurley Farms Business Park. The mortgage financing was arranged by EagleBridge director Brian Walsh who stated that the loan was provided by a leading regional bank.
Broderick and Boyle of Colliers place $16.14 million acquisition loan

Broderick and Boyle of Colliers place $16.14 million acquisition loan

November 12, 2021
Canton, MA Colliers, led by executive vice president John Broderick and assistant vice president Patrick Boyle, sourced a $16.14 million acquisition loan for 530 Turnpike St. Currently a 139,612 s/f warehouse building, 530 Turnpike provides ample room for continued growth
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