Financial Digest

Citizens Bank introduces corporate purchasing card program in Massachusetts

Citizens Bank launched a new corporate purchasing card program for Massachusetts law firms that allows firms to have their "cash back" rewar...

Fantini & Gorga arranges $16.25 million financing for City Hall Plaza

Fantini & Gorga recently arranged $16.25 million in permanent financing for City Hall Plaza, a class A 19-story, 220,000 s/f office building...

Middlesex Savings Bank finances $12 million New England Ice Cream Corp. expansion

Middlesex Savings Bank, one of the largest independent banks in Mass. with assets exceeding $4 billion, has provided $12 million to finance ...

MassHousing and Department of Housing and Community Development place $13 million in loans for affordable housing

MassHousing and the state Department of Housing and Community Development (DHCD) presented $13 million in Affordable Housing Trust Fund (AHT...

Florence Bank names Fontaine as senior vice president - director of retail banking

According to Florence Bank, a mutually-owned savings bank serving the Pioneer Valley through 9 branch locations, Anthony Fontaine has joined...

Gaccione of CBRE arranges $20.2 million financing for 265-room Doubletree Norwalk hotel

CBRE Capital Markets' Debt & Structured Finance team has arranged $20.2 million for the refinancing of the Doubletree Norwalk, a 265-key, fu...

The Warren Group reports that Bay State foreclosure deeds decline by double digits in February

Foreclosure deeds in Massachusetts fell by 14.6% in February, marking the second consecutive month of decreases, according to The Warren Gro...

Worth Avenue Capital closes $90,000 commercial loan for CT real estate investor

Worth Avenue Capital, LLC (WAC) closed a $90,000 commercial loan for a real estate investor. The loan proceeds are being used by the investo...

Groblewski, Miller and Cunnane of Fantini & Gorga arrange $19 million refinancing

Boston-based Fantini & Gorga recently arranged a $19 million first mortgage refinancing facility for Lincoln North, a first class office bui...

Upcoming REFA Programs and Charitable Golf Beneficiaries named

On April 29, REFA will be hosting a Fundamentals Program on Commercial Real Estate Appraisals. The panel will feature: David Cary, MAI, MRIC...