Financial Digest

It takes a major event to bring light to basic coverage issues - by Spencer Macalaster

Spencer Macalaster, Risk Strategies Co. With Matthew hitting the East Coast of Florida and the Carolina’s as a category 4 hurricane, it v...

O’Donnell and Hixon of Fantini & Gorga arrange $7.696 million construction loan

Pawtucket, RI Fantini & Gorga placed a $7.696 million construction loan for the conversion of a mill structure into 104 residential lof...

Arbor Realty Trust funds $120 million in Freddie Mac multifamily loans across U.S.

Ronen Abergel, Arbor Boston, MA Arbor Realty Trust, Inc., a real estate investment trust and national direct lender specializing in loan or...

Preservation of Affordable Housing closes $8 million recapitalization funding

Wareham, MA Preservation of Affordable Housing (POAH), an affordable housing nonprofit organization based in Boston, has closed on the recap...

Bank of New England hires Bohondoney and Cheremka as commercial real estate loan officers

Salem, NH Bank of New England has added two to their commercial real estate lending team, Tina Bohondoney and Paul Cheremka. Both will serv...

New York Life Real Estate Investors completes $37.05 million financing

Boston, MA New York Life Real Estate Investors completed the acquisition financing, on behalf of institutional investors, of a four-building...

MassDevelopment issues $7.74 million tax-exempt bond to Landreau Realty, LLC

Charlton, MA MassDevelopment has issued a $7.74 million tax-exempt bond on behalf of Landreau Realty, LLC, a real estate entity for Monson-b...

Scherer joins Eastern Bank as vice president and commercial real estate relationship manager

Catherine Scherer, Eastern Bank Boston, MA Eastern Bank, a full-service commercial bank, has appointed of Catherine Scherer as vice preside...

East Cambridge Savings Bank donates $10,000 to Cambridge Local First

Cambridge, MA East Cambridge Savings Bank (ECSB) donated $10,000 to Cambridge Local First. Since 2005, ECSB has been a founding partner of C...

The Cooperative Bank hires Battaglia as senior vice president, mortgage operations

John Battaglia, The Cooperative Bank Roslindale, MA The Cooperative Bank (TCB), a full-service community bank specializing in commercial re...