Financial Digest

Griffin Industrial Realty closes refinancing loan with Webster Bank

Windsor, CT According to Griffin Industrial Realty, Inc., two of its subsidiaries closed on the refinancing of a nonrecourse mortgage l...

HFF arranges $140m financing for Aloft and Element hotels

Boston, MA Holliday Fenoglio Fowler, L.P. (HFF) completed the $140 million financing of the 330-room Aloft Hotel and the 180-room Element Ho...

Smith, Riordan and Efron of Walker & Dunlop handle $29.4 million financing

Plymouth, MA Walker & Dunlop, Inc. closed $29.4 million in financing for Copper Cove Village and The Falls, two unaffiliated c...

Giroux, longest tenured member of the MBREA and a member of the Appraisal Hall of Fame, passes away

Boston, MA The MBREA is saddened to note the death of Paul A. Giroux, MRA, at the age of 94, on October 11. He is the longest tenured member...

Grand Coast Capital Group hires Joyce and Raleigh

Boston, MA According to Grand Coast Capital Group, Bryan Joyce and Christopher Raleigh have joined the team in commercial lending. As senior...

MassHousing closes $22.5m in financing to Beacon Communities

Worcester, MA MassHousing has closed on $22.5 million in financing to Beacon Communities LLC for the purchase, rehabilitation and preservati...

MassDevelopment receives $8 million in U.S. Department of Education grants

Boston, MA MassDevelopment has received $8 million in U.S. Department of Education grant funds to help charter schools obtain facilities und...

East Cambridge Savings Bank’s Nogueira named president of Federal Reserve Community Depository Institutions Advisory Council

Cambridge, MA East Cambridge Savings Bank president and chief executive officer Gilda Nogueira has been named president of the Federal Reser...

Real Estate Finance Association year-end programming and events

Boston, MA On Monday, November 6, REFA held a Market Outlook program hosted at PwC. Paul Nasser, COO and CFO, Intercontinental Real Estate C...

Sidel and Sheehan of EagleBridge Capital place $9 million financing

Boston, MA EagleBridge Capital, working exclusively on behalf of its client, has arranged permanent mortgage financing in the amount of $9 m...