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MassDevelopment

MassDevelopment

$833M

Volume

$31M

Sold

$802M

Financed

27

Closed

142K

Area

Property Image
FINANCED
LENDER
M&T Bank Lends $2.46M To Jazz Urbane Cafe LLC For Boston Jazz Club And Restaurant
Commercial
Property Image
FINANCED
LENDER
Union Street Member LLC Acquires Development Site In New Bedford For $3.21M With Loan From MassDevelopment
Dev Site
Property Image
FINANCED
LENDER
Navjeet Bal Of MassDevelopment Provides $23.5M Loan For Affordable Housing Development In Revere
Dev Site
Property Image
FINANCED
LENDER
Navjeet Bal Of MassDevelopment Issues $21.4M Loan For 73-Unit Multifamily Renovation In Worcester
MultiFamily
Bratt LLC Secures $11 Million Loan From MassDevelopment And BankFive For 199 Barnstable Road
Dev Site
Navjeet Bal Of MassDevelopment Issues $134.8M Loan To Zehra Abid-Wood For Senior Housing Expansion
Senior Housing
MassDevelopment Issues $16.5M Refinance Loan To The Brimmer & May School For Recreation Center
School$634 PPSF26K sqf
$3M Financing Secured By Maynard Bancroft LLC For Renovation Of Former School Into Housing Units
School
MassDevelopment Provides $45 Million Loan For Leefort Terrace Redevelopment In Salem, MA
Dev Site
MassDevelopment Issues $1.532 Million Loan For Boys & Girls Club Teen Center In Chicopee
Dev Site$340 PPSF4.5K sqf
MassDevelopment Provides $12.08M Construction Loan For La CASA Cultural Center Development
Dev Site$455 PPSF26.5K sqf
Dan Rivera Of MassDevelopment Grants $11M Loan To Wheeler School In Seekonk
School

About

MassDevelopment, the state’s finance and development agency, works with businesses, nonprofits, financial institutions, and communities to stimulate economic growth across the Commonwealth. Through these collaborations we help create jobs, increase the number of housing units, revitalize urban environments, and address factors limiting economic growth including transportation, energy, and infrastructure deficiencies.During FY2018, MassDevelopment financed or managed 384 projects generating investment of more than $4.1 billion in the Massachusetts economy. These projects are estimated to create or support 10,994 jobs and build or rehabilitate 830 housing units.

Top Deals

FINANCED
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MassDevelopment Provides $207.8M Refinance Loan For Boston & Cambridge Campus
Massachusetts | Other
DR
08/09/2022
FINANCED
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2Life Opus Newton Secures $129M Loan From MassDevelopment For Senior Living Community In Newton
Massachusetts | Development Site
05/16/2023
FINANCED
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MassDevelopment Provides $107M Loan For Springfield College School On Alden St
Massachusetts | Other | PPSF: $4299
02/04/2022
FINANCED
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MassDevelopment Provides $45 Million Loan For Leefort Terrace Redevelopment In Salem, MA
Massachusetts | Development Site
10/25/2024
FINANCED
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MassDevelopment Facilitates $39.9M Loan For Affordable Housing Development In Brookline, MA
Massachusetts | Development Site
03/06/2024

Focus

Loan

Markets

Massachusetts

On the web

Website

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FAQs

MassDevelopment has financed 30 deals.

MassDevelopment's most recent deal was on March 31, 2025.

MassDevelopment's largest deals include a sale of $25,000,000.00 for 26 Exeter Street, and a loan of $207,830,000.00 for 111 Western Avenue, Cambridge, Massachusetts 02139, United States.
Member since: December 2022