Financial Digest

Coulombe, O’Donnell and Hixon of Fantini & Gorga place $25.5 million

Cambridge, MA Fantini & Gorga has completed the placement of a $25.5 million first mortgage for a recently completed and stabilized 61 r...

Bellwether Enterprise arranges $41.5 million equity financing for John M. Corcoran and Co. for $199 million acquisition of Windsor Garden Apts.

Norwood, MA Bellwether Enterprise Real Estate Capital LLC, the commercial and multifamily mortgage banking subsidiary of Enterpris...

Marcone Capital, Inc. arranges $25 million financing for Aegean Capital

Boston, MA Mike Marcone of Marcone Capital, Inc. has arranged the $25 million financing of a condominium interest in a high quality office b...

Eastern Mortgage Capital provides $16.23 million in permanent financing

Somerville, MA Eastern Mortgage Capital has provided $16.23 million in permanent financing on Pearl Street Apartments, a 81-unit age restric...

MassHousing provides $15.8 million in financing to Redwood Housing

Amherst, MA MassHousing has provided $15.8 million in financing to Redwood Housing for the renovation and preservation of 100 affordable hou...

Larew Doyle & Associates arrange $15.75m construction financing

Warwick, RI Alan Doyle, principal of Larew Doyle & Associates, arranged $15.75 million in construction financing for a 125-room Hyatt Pl...

Will the EB-5 program survive past its expiration date? - by Richard Nadeau

A prime source of capital for real estate developers since the Great Recession has been EB-5 money.

Massachusetts’ highest court defines scope of religious exemption for property tax - by Ryan McManus

Ryan McManus, Esq., is a partner at Hemenway & Barnes, LLP, Boston, Mass. ...

MassDevelopment issues $15.3 million tax-exempt bond for Stonehill College

Easton, MA MassDevelopment has issued a $15.3 million tax-exempt bond on behalf of Stonehill College Inc., a Catholic liberal arts college. ...

NFC Mortgage Company now known as BayCoast Mortgage Company

Westford, MA According to BayCoast Bank, NFC Mortgage Company, LLC is now BayCoast Mortgage Company, LLC. The change is in name only; the mo...