In New England Real Estate Journal: MassHousing provides $14.8 million financing
MassHousing has provided $14.8 million in affordable housing financing to School House Brookledge Cummins LP, an affiliate of EAF Associates, to preserve the affordability of the 90-unit School House Brookledge Cummins property. As a result of the MassHousing financing, affordability protections for lower-income households and senior citizens living at the property will be extended by at least 28 years.
In Boston Real Estate Times: Jeanne Pinado Joins Colliers as EVP- Boston Capital Markets
Colliers announced the hiring of Jeanne Pinado as an Executive Vice President in the Boston office. Jeanne brings over 30 years of real estate experience to the growing Colliers Capital Markets team, joining investment sales and equity placement leader Frank Petz.
In Bollyinside: Real estate firm Colliers hires longtime nonprofit leader in Roxbury
or decades, the people who made large real estate deals in this city were mostly men and white people. But that is slowly starting to change. The movement towards greater diversity gained some momentum this week with the appointment of Jeanne Pinado as Executive Vice President at Colliers, a leading Boston real estate company. The longtime executive director of Madison Park Development Corp. – a Roxbury-based non-profit organization – Pinado will be a rare black woman to reach the top ranks of the city’s major real estate companies. She joins Colliers’ capital markets team – which sets up financing packages for large deals – at a time when city and state officials, and even private owners, are granting greater importance of attracting a more diverse range of investors for often lucrative commercial sales and construction projects.
CommonWealth Builder Program Video
The CommonWealth Builder Program is a $60 million fund intended to spur the construction of single-family homes and condominiums that are affordable to households with moderate incomes, particularly in communities of color.