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...
Congratulations to Coalition for a Better Acre, Inc. in closing the financing of Dracut Centre School, which will finance the rehabilitation of the historic school building located at 11 Spring Park Avenue in Dracut. Through financing from Pentucket Bank and several...
Congratulations to Boston Private Bank & Trust Company in closing a $2,335,000 loan for the benefit of Broadway Everett TND LLC, an affiliate of The Neighborhood Developers, Inc. The proceeds of the loan will finance the acquisition of 10-20 Gledhill Avenue, Everett,...
Congratulations to Harborlight Community Partners, Inc. in closing a $9,758,000.00 loan from ORIX Real Estate Capital, LLC in order to refinance the property at Turtle Creek Apartments. Turtle Creek Apartments provides 109 units of affordable rental housing for...
Congratulations to the Life Insurance Community Investment Initiative in closing a $10.1MM loan for the benefit of 92 Grand Street Commons LLC, an affiliate of Main South Community Development Corporation. The proceeds of the loan will finance the acquisition and...
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...
NEWS AND EVENTS
Congratulations to the Property and Casualty Initiative on closing a $4 MM and $6.5 MM loans for the benefit of Community Servings, Inc, a charitable corporation that provides hot meals to area residents with acute life-threatening illnesses, as well as their families...
On April 10, 2018, the Real Estate Bar Association (REBA) Affordable Housing Section hosted a brownbag lunch forum to discuss the Commonwealth’s legislative housing agenda for 2018 – 2019. Co-Chairs Kurt James of KJP and Carol McIver of MassHousing moderated a panel...
Congratulations to the fantastic team involved in completing the prodigious closing of 19 General Partner Interest acquisitions, relating to 19 separate affordable housing multi-family complexes spanning three states. Bellemont Gardens, Campbell Place, Carlyle Place,...
On March 28, 2018, the Real Estate Bar Association (REBA) Affordable Housing Committee hosted a brownbag lunch forum to discuss the financing opportunities and challenges faced by public housing authorities in developing and preserving affordable housing. Co-Chairs...
On March 26, 2018, Julie Peabody of KJP, as co-chair of the Real Estate Finance Committee of the Boston Bar Association, co-hosted a panel with the Affordable Housing Committee on the Fundamentals of Affordable Housing Finance at the BBA. The program provided...
On February 14, 2018, the Real Estate Bar Association (REBA) Affordable Housing Committee hosted a brownbag lunch forum to discuss the new Housing Choice Initiative and related legislation. Co-Chairs Kurt James of KJP and Carol McIver of MassHousing moderated a panel...
Congratulations to Boston Private Bank & Trust Company in closing a $27MM loan for the benefit of Young Men's Christian Association of Metro North, Inc. Boston Private purchased tax exempt bonds from Massachusetts Development Finance Agency and made the proceeds from...
On November 15, 2017, the Real Estate Bar Association (REBA) Affordable Housing Committee hosted a brownbag lunch forum to discuss the City of Boston’s new property disposition initiatives and affordable housing loan programs. Co-Chairs Kurt James of KJP and Carol...
On March 24, 2017, the Real Estate Bar Association (REBA) Affordable Housing Committee hosted a brownbag lunch forum to discuss the Commonwealth’s legislative housing agenda for 2017-2018. Co-Chairs Kurt James of KJP and Beth Elliott, General Counsel at Massachusetts...
Congratulations to Boston Private Bank & Trust Company in closing a $21MM loan for the benefit of Cruz Development Corporation. Boston Private purchased tax exempt bonds from Massachusetts Development Finance Agency and made the proceeds from the sale of the...