Financial Digest

§1031 and cost segregation study: "Combine both to maximize cash flow"

Cost segregation and tax deferred exchanges under IRC §1031 are two of the most valuable tax planning strategies available to commercial re...

HFF places $150 million financing for 475,303 s/f 125 Summer Street

HFF has placed a $150 million first mortgage loan on 125 Summer St., a 475,303 s/f, class A office tower in the city's Financial District. H...

Marshall of NorthMarq Capital secures $3.4 million refinance

Matt Marshall, vice president of NorthMarq Capital's Boston based regional office arranged the $3.4 million refinance of a 43,742 s/f downto...

Plimoth Investment Advisors promotes Misiolek to first vice president/operations compliance officer

Plimoth Investment Advisors has promoted Edward Misiolek of Pawtucket, R.I. to the position of first vice president/operations compliance of...

Smeke of GoldCoast Commercial Mortgage places $9.5 million in financing

Stephen Smeke of GoldCoast Commercial Mortgage has arranged the $9,571,250 non-recourse mortgage financing on behalf of a joint venture betw...

Belmont Savings named Massachusetts' Best Commercial Real Estate Lender

Belmont Savings Bank has won in the Best Commercial Real Estate Lending category as part as Banker & Tradesman's Best of 2014 nominations. T...

Eastern Bank completes acquisition of Centrix Bank

Eastern Bank Corp. completed its acquisition of Bedford, N.H.-based Centrix Bank & Trust, creating a $9.5 billion institution serving more t...

Cohen presented with President's Award at 2014 New England Real Estate Appraiser's Expo

During the fall 2014 New England Real Estate Appraiser's Expo, Massachusetts Board of Real Estate Appraiser's (MBREA) president Greg Accetta...

HFF secures $500 million refinancing for International Place

HFF has secured a $500 million refinancing for International Place, a 1.8 million s/f, class A trophy office complex in the city's Financial...

Florence Bank celebrated opening of its new location in Hadley, Mass.

Florence Bank, a mutually-owned savings bank serving the Pioneer Valley through 9 branch locations, celebrated the opening of its new 3,150 ...