Category: Finance

REFA’s programming leads the way in mentorship and market intelligence

REFA’s programming leads the way in mentorship and market intelligence

March 14, 2025
Boston, MA The Real Estate Finance Association (REFA) has officially kicked off its 10th Annual Mentor Program, setting a new record with 66 mentor-mentee pairs. This yearlong initiative connects Emerging Leader Members with senior professionals, fostering mentorship, career development, and industry connections.
Rockland Trust expands presence in MetroWest with Marlborough branch

Rockland Trust expands presence in MetroWest with Marlborough branch

February 14, 2025
Marlborough, MA Rockland Trust Bank has opened its newest branch, located at 160A Apex Dr. Strategically positioned between the bank’s Worcester and Boston suburban branches, the new location underscores Rockland Trust’s commitment to serving
JLL Capital Markets facilitates <br> loan for Prospect Union Sq.

JLL Capital Markets facilitates
loan for Prospect Union Sq.

February 14, 2025
Somerville, MA JLL Capital Markets has secured a refinancing for Prospect Union Sq., a newly constructed 450-unit residential property located in the Union Sq. neighborhood of the city. JLL represented the borrower, a joint venture between affiliates of Magellan Development Group
Sidel of EagleBridge Capital arranges <br>$10.85 million refinancing for Hampton Inn

Sidel of EagleBridge Capital arranges
$10.85 million refinancing for Hampton Inn

February 14, 2025
Auburn, MA EagleBridge Capital, has arranged mortgage refinancing in the amount of $10.85 million for the Hampton Inn. The mortgage financing was arranged by EagleBridge principal Ted Sidel who stated that the loan was provided by a national commercial
Marcus & Millichap facilitates $10 million<br> sale and $3.25 million financing

Marcus & Millichap facilitates $10 million
sale and $3.25 million financing

February 14, 2025
Brookline, MA Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, completed the sale and financing of Harvard Avenue Apartments, a 24-unit multifamily property.
How to use Delaware statutory trusts and 1031 exchanges for diversification - by Dwight Kay

How to use Delaware statutory trusts and 1031 exchanges for diversification - by Dwight Kay

February 14, 2025
For those readers who are not familiar with DSTs: They are a legal real estate ownership structure that allows multiple investors to each hold an undivided beneficial interest in the trust. The term “beneficial interest” means that investors hold a percentage of the
Complexities of office building valuation - by John Nitz

Complexities of office building valuation - by John Nitz

February 14, 2025
Appraising office buildings has become more and more difficult in recent years. In years past, the valuation of office buildings involved employing the three approaches to value with specific attention typically given to the sales comparison approach and the income
N.H. and Vermont Chapter of the Appraisal Institute names White as the 2025 president

N.H. and Vermont Chapter of the Appraisal Institute names White as the 2025 president

February 14, 2025
Dover, NH The New Hampshire and Vermont Chapter of the Appraisal Institute has named Brian White, MAI, SRA as the 2025 president of the chapter. The MAI designation is the highest commercial designation awarded by the Appraisal Institute who
 Now we know...or not? - by Daniel Calano

Now we know...or not? - by Daniel Calano

February 14, 2025
Finally, the election is over, and the going-forward consequences of a new administration, good or bad, are known. Last month I wrote about what was likely, once the President, and his officials, staff, advisors, et al, entered office, and how his actions would impact real
A busy start to 2025: REFA brings  exciting events to the CRE community

A busy start to 2025: REFA brings exciting events to the CRE community

February 14, 2025
Boston, MA REFA is pleased to be supporting Breaktime and FamilyAid Boston as their Charitable Partners for the third year! Breaktime and FamilyAid are the designated charities of REFA’s signature events, including the Charitable Golf
Cronheim Mortgage secures $9 million refinancing for two National Realty & Development Corp. shopping centers

Cronheim Mortgage secures $9 million refinancing for two National Realty & Development Corp. shoppin...

January 17, 2025
Derby, VT Cronheim Mortgage has secured $9 million for the refinancing of two shopping centers: Shaw’s Plaza in Derby, VT and Kohl’s Plaza in Wallingford, CT. Brandon Szwalbenst, Dev Morris, and Andrew Stewart collaborated to secure financing on behalf of National Realty & Development Corp.,
Seven Hills Realty Trust closes $45m bridge loan for hotel acquisition

Seven Hills Realty Trust closes $45m bridge loan for hotel acquisition

January 17, 2025
Boston, MA Seven Hills Realty Trust (SEVN) has closed a $45 million first mortgage floating rate bridge loan to finance the acquisition of Club Quarters Hotel, a 178-room hotel located at 161 Devonshire St.