Financial Digest

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...

Suglia named president of Bank of New England

Salem, NH The board of directors at Bank of New England have appointed Bill Suglia as its new president. Suglia who joined the bank a year a...

Emerald Capital, LLC hires Canavan as originator/portfolio manager serving Mass. and N.H.

Boston, MA Emerald Capital, LLC, has hired James Canavan as originator/portfolio manager serving Massachusetts and New Hampshire. Canavan wi...

The Cooperative Bank hires Picciotto as senior mortgage loan originator

Roslindale, MA The Cooperative Bank (TCB) has hired Jim Picciotto as senior mortgage loan originator. In this role, Picciotto will genera...

BayCoast Bank names Flanagan as vice president – commercial lending officer

Swansea, MA BayCoast Bank has hired Matthew Flanagan as vice president – commercial lending officer. In this position, Flanagan is res...