Selected 1999 Transactions

Cliffside Commons - Malden, MA
$40,887,000 joint venture commitment from Allegis Realty Investors combined with a $40,887,000 "club" construction loan from Mellon Bank and Bank United to fund construction by John M. Corcoran & Co. of Cliffside Commons, a 295-unit apartment project in Malden, MA

Harvard Mills - Wakefield, MA
$18,500,000 permanent loan from AIG/SunAmerica to facilitate Taurus New England's acquisition, in partnership with Brownfields Recovery Corp., of a 232,147 sq.ft. rehabilitated office complex in Wakefield, Massachusetts

Liberty Place - Leominster, MA
A $10,000,000 permanent loan from Citizen's Bank, on behalf of Bovenzi, Inc., for Liberty Place, a 264-unit apartment project in Leominster, Massachusetts

Amherst Shopping Center - Amherst, MA
$6,150,000 permanent loan form Fortis, Inc. (now Assurant) on behalf of CRES Development, Inc., for Amherst Shopping Center, a 66,000 sq.ft. neighborhood center in Amherst, Massachusetts

Two International Drive - Portsmouth, NH
$8,325,000 permanent loan from First Essex Bank on behalf of Two International Group for Two International Drive, an 85,219 sq.ft. multi-tenant office building in Portsmouth, New Hampshire

71-77 Summer Street - Boston, MA
$5,400,000 interim loan from Webster Bank on behalf of Taurus New England for the acquisition of 71-77 Summer Street, a 56,000 sq.ft. office/retail building in Boston, Massachusetts