Financial Digest

Banking on Connecticut land banks: A good investment - by Ann Catino

Connecticut land banks require interest, but not necessarily with a steep financial rate attached. In 2017, the Connecticut General Assembly established the authority for one or more municipalities to establish land banks and the interest is

Spiegel Associates completes a $2.5 million acquisition loan

Mattapan, MA Sidney Spiegel of Spiegel Associates, arranged a $2.5 million acquisition loan for a mixed use, retail and office property. The...

McDonald, CFP, joins TFC Financial Management as a senior client advisor

Boston, MA According to TFC Financial Management, an independent, majority employee-owned registered investment advisory and financial ...

Thomaston Savings Bank opens new branch in Watertown, Conn.

Watertown, CT Thomaston Savings Bank celebrated the grand reopening of its new branch with a ribbon cutting ceremony and reception. Attended...

Much agreement on: Top ten issues in real estate - by Daniel Calano

What are the top ten issues affecting real estate? Last month, the Counselors of Real Estate (CRE) provided its annual list of their issues along with their nationally collected thoughts. They nicely divided the issues between five that are current

MassHousing closes on $17.6m in financing for the Close Building

Cambridge, MA MassHousing has closed on $17.6 million in financing to Just-A-Start Corp. for the renovation and preservation of affordabilit...

Citizens’ Community Dev. Group provides a $32.5m construction loan

Mansfield, MA Citizens Bank’s Community Development Group has provided a $32.5 million construction loan to MCFA Chocolate Factory LP,...

Real Estate Finance Association 2018 Gala and Fall Conference

Boston, MA On July 23, the Real Estate Finance Association (REFA) hosted its 15th Annual Charitable Golf & Tennis Tournament at Dedham C...

AmeriCann closes on $3.819m equity financing for construction of MMCC

Freetown, MA AmeriCann, Inc., an agricultural-technology company that is developing the next generation greenhouse cannabis cultivation and ...

Worth Avenue Capital closes $100,000 commercial loan

Boston, MA Worth Avenue Capital, LLC (WAC) closed a $100,000 commercial loan to a Massachusetts based LLC. This loan was funded as a follow ...