Financial Digest
Hajjar Management Co., Inc. secures $7.4 million financing from Rockland Trust for redevelopment of former Notre Dame School
Fall River, MA Hajjar Management Co., Inc. secured $7.4 million from Rockland Trust for the redevelopment of the vacant three-story former Notre Dame Grammar School. The former 45,640 s/f school located at 34 Saint Joseph St.,Cambridge Savings Bank is lead bank in $93m construction loan for Innes Apartments project
Chelsea, MA Cambridge Savings Bank (CSB) is the lead bank in a $93 million construction loan to support the Innes Redevelopment project, with the development of two new multi-purpose buildings. The project is being led by co-developers John M. Corcoran & Company and Joseph J. Corcoran CompanyWashington Trust provides $27 million financing to Rocky Hill Properties for 144-unit, class A multifamily property
Rocky Hill, CT Washington Trust’s Commercial Real Estate Group has provided $27 million in permanent financing to Rocky Hill Properties, LLC, for its 144-unit, class A multifamily property located at 11 Kensington Ln.East Cambridge Savings Bank president and CEO Nogueira presented with the 2022 Margaret Fuller Award
Cambridge, MA East Cambridge Savings Bank president and CEO Gilda Nogueira was presented with the 2022 Margaret Fuller Award at the recent Margaret Fuller Neighborhood House 120th Anniversary Gala Celebration held on October 20th at the Sheraton Commander HotelThe Village Bank donates $5,000 to Studio for High-Performance Design & Company
Newton, MA According to Joseph De Vito, president and CEO of The Village Bank, they have donated $5,000 to Studio for High-Performance Design & Co. (HPDC). The non-profit organization is a classroom and educational center for sustainable design and constructionWalsh Erno joins Union Savings Bank as vice president, senior commercial real estate lender
Danbury, CT According to Union Savings Bank, Suzanne Walsh Erno has joined the bank as vice president, senior commercial real estate lender. In her role, Walsh Erno will be responsible for developing and handling a variety of commercial real estate loanTop issues affecting real estate in 2022-2023 - by Connolly and Sokul
Each year, the Counselors of Real Estate (“CRE”), a group of veteran real estate professionals, issue a report on what they believe are the top ten issues that will affect real estate in the coming year. From that list, our team has identified the top issues for New EnglandMassDevelopment issues $378.51 million tax-exempt bond on behalf of Northeastern University
Boston, MA MassDevelopment has issued a $378.51 million tax-exempt bond on behalf of Northeastern University, which is using a portion of proceeds to build and equip a new science and engineering complex at 815 Columbus Ave. in the city’s Fenway neighborhood.REFA hosts 2022 Year-End Celebration and Holiday Party
Boston, MA REFA hosted its Year-End Celebration and Holiday Party on Monday, November 21st at Bostonia Public House in downtown. Members had the chance to network with colleagues and friends and reflect on another successful year.North Easton Savings Bank names Letner as the new chief lending officer
Easton, MA North Easton Savings Bank has welcomed Ralph Letner as their new chief lending officer. With 36 years in the banking industry focused on supporting local and regional organizations, the bank welcomes his significant experience as they gear up for further expansion into the commercial and small business vertical.