Financial Digest

Cornerstone Realty Capital places $1.3m financing for multifamily redevelopment

Cornerstone Realty Capital arranged $1.3 million in financing for its client, 117 Centre Street LLC for the purchase and renovation of a sin...

Closing costs in a 1031 Exchange: Investors need to discuss all expenses with their tax advisors

There are two important issues to consider when determining how to handle expenses in a 1031 exchange. The first has to do with whether pay...

Minimize those taxes when selling highly appreciated real estate

In my 22 years as a financial advisor I have been asked by many clients how to sell investment real estate without have to pay a high tax bi...

Professional Profile: Richard Simmons, 2015

Name: Richard Simmons Jr., RA Title: President, Massachusetts Board of Real Estate Appraisers Company: Town of Lynnfield Assessor's office L...

Citizens Bank wins two Greenwich Excellence Awards

Greenwich Associates, a leading provider of market intelligence and advisory services to financial services companies, has recognized Citize...

MassDevelopment issues $12.375 million bond to YMCA Southcoast - to acquire and renovate Swansea property

MassDevelopment has issued a $12.375 million 501(c)(3) tax-exempt bond on behalf of the YMCA Southcoast, Inc., which is using the proceeds t...

Riekstins and Marshall of NorthMarq Capital arrange $9.45 million financing

Ed Riekstins, senior vice president and Matt Marshall, vice president of NorthMarq Capital's Boston based regional office arranged the $9.45...

Happy days are here again: good news for housing market

It's good news for the housing market in Massachusetts this month, as new data from The Warren Group shows sales prices rising again in Febr...

Washington Trust's Commercial Real Estate Group provides $12.32 million in financing to LAZ Boston Commuter Lots

Washington Trust's Commercial Real Estate Group recently provided $12.32 million to LAZ Boston Commuter Lots, LLC, for the financing of thre...

Citizens Bank provides $18 million loan for affordable housing development

Citizens Bank has closed an $18 million Low Income Housing Tax Credit construction loan for Trinity Northampton Phase Two L.P. to provide fi...