North Shore Bank Finances Roslindale Development
Boston-based N6 Properties is beginning its first ground-up construction project after receiving financing from North Shore Bank for a Roslindale development.
$35M Construction Loan Kickstarts Three-Building Worcester Project
A senior living developer is beginning construction of a 123-unit project in Worcester after receiving $35 million in construction financing from Washington Trust.
Fed’s Unwanted Ally in Bid to Tame Inflation: Credit Crunch
The Federal Reserve is getting some unwanted help in its drive to slow the U.S. economy and defeat the worst bout of inflation in four decades: a cutback in bank lending.
Burlington Lab Conversion Gets $87M in Financing
The new owners of a Burlington office building received $87 million to convert the property into 175,000 square feet of life science space.
Allston Multifamily Development Gets $53M Loan
A 149-unit development by Boston-based Jones Street Investment Partners has joined the pipeline of housing projects under way near Boston Landing.
Allston, Somerville Lab Projects Get $1.1B in Financing
A pair of new life science campuses in Allston and Somerville being developed on speculation received nearly $1.1 billion in construction financing.
Back Bay Office-Retail Project Gets $56M in Financing
Construction of a Back Bay office-retail complex will begin this month after a pair of New England banks provided $56 million in financing.
Scituate Development Gets Financing from Rockland Trust
A 110,000-square-foot development next to Scituate’s Greenbush commuter rail station that began in early summer has received $27.6 million in construction financing from Rockland Trust Co.
40B Development Breaks Ground in Woburn
A 168-unit apartment complex approved under the Chapter 40B affordable housing law is set to begin construction in Woburn with developers targeting a completion date in late 2022.
Fitchburg Historic Rehab Gets Rockland Trust Financing
A developer will use $14 million in construction financing from Rockland Trust Co. to revamp a pair of historic buildings in downtown Fitchburg into residential and commercial space.
Downtown Boston Condo Tower Gets $341M in Construction Financing
Holliday Fenoglio Fowler has arranged $341 million in construction financing and joint venture equity for a luxury, waterfront condominium tower in downtown Boston called The St. Regis Residences.
Citizens Finances Downtown Boston Hotel Construction
Citizens Bank’s commercial banking arm announced this week that it is financing the construction of a 340-room Marriott Moxy Hotel in downtown Boston.
