News & Events

BOSTON PRIVATE BANK & TRUST COMPANY HOSTS DEMYSTIFYING FHA-INSURED MULTIFAMILY FINANCING SEMINAR

by | Aug 17, 2018 | events, News, News & Events, Uncategorized

On May 24, 2018, Boston Private Bank & Trust Company hosted a seminar on FHA-insured multifamily financing. Kurt James of KJP moderated a panel discussion on leveraging untapped value in housing portfolios through FHA-insured financing.

Topics covered in the seminar included the borrower’s perspective on FHA-insured executions, FHA financing basics and the role of the FHA lender, financing options and the role of the bank, the role of the consultant, and legal considerations of FHA-insured financing.

The guest speakers at this event were Linda Pellegrino and Rob Milanette from the Rockport Mortgage Corporation, Peter Hollands, Senior Vice President of Boston Private Bank & Trust Company, Andrew DeFranza, Executive Director of Harborlight Community Partners, Inc., and Charles Maneikis, Principal of The Maneikis Companies, Inc.

GROUNDBREAKING CEREMONY FOR HAYWOOD HOUSE

Congratulations to the Newton Housing Authority on the ceremonial groundbreaking for Haywood House, a 55-unit affordable residential building for seniors at 111 JFK Circle Newton, Massachusetts. On April 27, 2021, the following lenders provided loans in the aggregate...

MARION VILLAGE ESTATES REFINANCES FHA-INSURED AFFORDABLE HOUSING

Congratulations to Marion Village Estates LLC in closing a $3,832,200.00 loan from ORIX Real Estate Capital, LLC in order to refinance the property at Front Street in Marion, Massachusetts. Marion Village Estates provides 60 units of affordable rental housing to the...

GROUNDBREAKING CEREMONY FOR DRACUT CENTRE SCHOOL

Congratulations to Coalition for a Better Acre, Inc. on the ceremonial groundbreaking for Dracut Centre School, a new 9-unit affordable residential building in the historic school building at 11 Spring Park Avenue, Dracut, Massachusetts. On April 15, 2021, Coalition...

EASTERN BANK CLOSES TAX EXEMPT MULTIFAMILY HOUSING BOND FINANCING

Congratulations to Eastern Bank in closing a $10.5MM loan for the benefit of Cabot Housing LLC, an affiliate of the Young Men’s Christian Association of the North Shore, Inc. Eastern Bank purchased tax exempt bonds from Massachusetts Development Finance Agency and...