NorthEast Community Bank closes $530,000 in loans for apt. properties

NorthEast Community Bank has recently closed $530,000 in loans consisting of several transactions. North Star Financial Services arranged the following transaction: * $210,000 in refinance money for a mortgage secured by a three-story apartment building in Cranston, R.I. Kavanaugh Commercial Mortgage arranged the following transactions: *$318,750 in purchase money and $220,000 in refinance money for a mortgage secured by two 3-story apartment buildings in Leominster, Mass. NorthEast Community Bank completed transactions made up of the refinance of four properties consisting of a three-story apartment building, located in Weymouth, Mass., a three-story apartment building located in Foxborough, Mass. and two, two-story apartment buildings located in Norton, Mass.