Selected 2008 Transactions

Ocean House
$70,000,000 construction loan led by U.S. Bank on behalf of Bluff Avenue, LLC to build a 50 room hotel and spa, plus 17 luxury condominiums, in Watch Hill, Rhode Island

World Trade Center
$44,250,000 permanent loan from AIG Global Investment Corporation on behalf of American Real Estate for a 500,000 sq.ft., three building complex located in downtown Portland, Oregon

Lynnfield Commons
$35,000,000 construction loan led by Eastern Bank and $10,774,000 of joint venture equity from Assurant Real Estate on behalf of John M. Corcoran & Company, LLC for the development of a 200 unit apartment community in Lynnfield, Massachusetts.

River's Edge
$25,750,000 construction loan from Wells Fargo Bank on behalf of Preotle, Lane & Associates, Ltd. to build a 115,700 sq.ft. office building in Medford, Massachusetts.

Global Tissue
$15,000,000 construction/permanent loan from Allstate Investments on behalf of First Realty Associates, LLC to build a 166,300 sq.ft. industrial building in Brookhaven, New York.

100 Market Street
$13,500,000 permanent loan led by Enterprise Bank on behalf of 100 Market Group, Ltd. to refinance a 68,500 sq.ft. office building in Portsmouth, New Hampshire.
Industrial Portfolio
$13,000,000 permanent loan from Assurant Real Estate on behalf of Altid Enterprises Group to refinance a 296,736 sq.ft. three building industrial portfolio in Chelmsford, Massachusetts.
Newbury Street Portfolio
$11,500,000 permenent loan from TD Banknorth on behalf of Talanian Associates to refinance a 26,650 sq.ft., five property portfolio in Boston's Back Bay.
One Davis Square
$10,000,000 forward permanent loan from Genworth Financial on behalf of Krisco Development for a 47,230 sq.ft. mixed use building in Somerville, Massachusetts.
Maine Street Station
$6,500,000 construction loan from Danversbank and $1,400,000 in joint venture equity on behalf of JHR Development to develop a 41,000 sq.ft. multi-use project in Brunswick, Maine.