State Chips in to Fund 190 Units in Boston Office Conversions
A new program tied to the 2024 housing law is being tapped to support nearly 200 new rental units in downtown Boston, part of an effort to transform vacant class B offices into housing.
Hajjar Secures Financing to Redevelop Fall River School into Apartments
Rockland Trust has provided $7.4 million in financing to Hajjar Management Co. Inc. to redevelop a vacant Fall River school into an apartment building.
Sinenma Saves Carried Interest in Deal to Pass Economic Legislation
Senate Democrats have agreed to eleventh-hour changes to their marquee economic legislation that preserve a commonly-used method of financing real estate developments.
Brickbottom Primed for Wave of Development
Removal of Boston’s elevated Central Artery transformed downtown Boston, raising property values and development demand. Developers hope the same thing can happen when Somerville’s elevated McGrath Highway comes down.
Boston Home Equity Fintech Secures $100M Financing
Hometap, a Boston-based fintech that provides an alternative for tapping into home equity without taking on debt, has secured $100 million in new financing.
Belmont Savings Provides Financing for Country Club Renovation
Belmont Savings Bank is providing the financing to help renovate a Watertown country club.
Tax Reform Would Leave Financing Gap In Low-Income Areas
The demise of Boston’s first “skinny tower” highlights anew an ironclad rule of development in the Hub: Unless you are well-connected power player about town, forget about trying to build anything.
Salem Five Leads Financing On $4M Aviation Deal
Salem Five acted as the lead lender financing the $4 million purchase of a provider of fixed-based operations at Beverly Airport.
EagleBridge Capital Arranges $8.9M Financings For Boston, Norwood Buildings
Boston-based EagleBridge Capital has arranged $8.9...Cornerstone Arranges $7.5M Financing For Allston Apartment Building
Seventy-Two Gardner Limited Partnership has received...
