Category: Finance

JLL arranges $650 million refinancing for One Congress on behalf of Carr Properties and National Real Estate Advisors

JLL arranges $650 million refinancing for One Congress on behalf of Carr Properties and National Rea...

June 13, 2025
Boston, MA JLL’s Capital Markets group has arranged a $650 million refinancing for One Congress, a recently delivered, trophy office building totaling 1.008 million s/f.
MountainOne promotes Row, Belanger, Bishop, Ray, Shepard and Bloom

MountainOne promotes Row, Belanger, Bishop, Ray, Shepard and Bloom

June 13, 2025
North Adams, MA MountainOne has promoted six employees to officer roles. The promotions include the following:

• Heather Row, vice president, commercial portfolio manager -  Row’s extensive knowledge of underwriting, particularly in commercial and industrial exposures, has been essential to managing risk and expanding the bank’s portfolio.

Stapleton named senior vice president and director of foreign exchange & international services at Rockland Trust

Stapleton named senior vice president and director of foreign exchange & international services at R...

June 13, 2025
Brockton, MA Rockland Trust has appointed Thomas Stapleton as senior vice president and director of foreign exchange & international services. Stapleton will manage the bank’s activities related to international currency transactions including managing foreign exchange risk, executing trades, cross border
Guilford Savings Bank names Eagleson as president and CEO

Guilford Savings Bank names Eagleson as president and CEO

June 13, 2025
Guilford, CT GSB (Guilford Savings Bank) has promoted Kyle Eagleson as president and CEO. This follows the planned succession from Timothy Geelan, who retired as CEO on April 1st.
Eastern Bank adds Tobin Scientific as a new commercial banking customer

Eastern Bank adds Tobin Scientific as a new commercial banking customer

June 13, 2025
Boston, MA According to Eastern Bank, Tobin Scientific, a leading provider of ambient and cold GMP storage, biorepository services and specialized logistics for the life sciences industry, is a new commercial banking customer. Eastern Bank is providing Tobin Scientific with a full-service banking relationship that includes financing as well as deposit and treasury services.
What’s up with commercial real estate in Greater Hartford? Trends, twists & tales from the trenches - by Josephine Aberle

What’s up with commercial real estate in Greater Hartford? Trends, twists & tales from the trenche...

June 13, 2025
If commercial real estate in Greater Hartford were a sitcom, it would be somewhere between The Office and Survivor – a quirky mix of familiar routines, unexpected plot twists, and the occasional high-stakes drama. For those of us working in the field – brokers, appraisers, developers, property managers – it’s not just a job, it’s a front-row seat
 Financing Real Estate: It’s all about the Bond Market - by Daniel Calano

Financing Real Estate: It’s all about the Bond Market - by Daniel Calano

June 13, 2025
It’s crazy that we “real estaters” look to the Federal Reserve to “lower rates,” hoping and planning for cheaper borrowing, to build affordable housing, or that commercial building we’ve been waiting to build. The myth goes on...believing that lowering a quarter point here and there will make borrowing more available and feasible.
Real Estate Finance Association jumps into summer 2025

Real Estate Finance Association jumps into summer 2025

June 13, 2025
Boston, MA On May 28th, REFA attended a walking tour of Lyrik Back Bay followed by a networking reception at the citizenM hotel; A destination for work, play, and culture, and a new gateway to the city and a vibrant anchor for the Back Bay neighborhood.
JLL arranges $41.5m construction <br>financing for READCO from Liberty Bank

JLL arranges $41.5m construction
financing for READCO from Liberty Bank

May 9, 2025
Stonington, CT JLL Capital Markets has arranged $41.5 million construction financing for Stonington Village, a 160-unit mixed-use multifamily and retail development project. JLL worked on behalf of the borrower, READCO, in arranging the five-year,
Colliers arranges $34.3m refinancing on <br>behalf of Capital Properties for Long Wharf Boston

Colliers arranges $34.3m refinancing on
behalf of Capital Properties for Long Wharf Boston

May 9, 2025
Boston, MA Colliers has arranged the $34.3 million refinancing of the Custom House Block and Gardiner Building at Long Wharf, a mixed-use office and retail asset located at 66 Long Wharf.
Union Savings Bank selects six new corporators

Union Savings Bank selects six new corporators

May 9, 2025
Danbury, CT According to Union Savings Bank (USB) president and CEO Chelen Reyes and chair of the board Lucie Voves, six new corporators have been elected at the bank’s annual meeting.
MPZ Development and Capstone secure <br>financing for Baldwinville School Apartments

MPZ Development and Capstone secure
financing for Baldwinville School Apartments

May 9, 2025
Templeton, MA MPZ Development LLC (MPZ) and Capstone Communities LLC (Capstone) have closed on the financing of the Baldwinville School Apartments redevelopment project (project). With funding secured, Capstone and MPZ will begin the development process for the town’s first multifamily housing project