Financial Digest

Thank you to REFA members and sponsors for a great year!

Education & Events: In 2014 REFA featured over 65 industry leaders through our programs and events such as: Don Briggs, Boston president, Fe...

Defeasing today or tomorrow: Why penalties are worth it

Borrowers are often fearful of defeasance, but why? With the recent low interest-rate environment fresh in everyone's minds, defeasance has ...

Groblewski of Fantini & Gorga places $1.3 million financing for Battaglino Family LP

Fantini & Gorga has recently arranged a $1.3 million financing package for the refinancing of 520 Main St., a mixed use property. Casimir Gr...

Washington Trust provides financing to LDRE, LLC

Washington Trust's Commercial Real Estate Group recently provided funding to LDRE, LLC to finance the acquisition of a historic office build...

Riekstins of NorthMarq Capital arranges $2.5 million in acquisition financing

Ed Riekstins, senior vice president of NorthMarq Capital's Boston based regional office secured acquisition financing of $2,537,500 of a 42,...

Coulombe and Cunnane of Fantini & Gorga arrange $2.325 million bridge loan refinancing for 12-unit apartment building

Fantini & Gorga has arranged $2.325 million in bridge refinancing for the 12-unit, 14,500 s/f, Italianate-style apartment building located i...

Cornerstone Realty Capital arranges two loans totaling $2.75 million

Cornerstone Realty Capital (www.cornerstonecapital.com) has arranged two finance deals totaling $2.75 million. In the first deal, $1.1 milli...

REFA Emerging Leaders Membership soars to new heights

Formed in 2005, REFA's Emerging Leader Membership has now grown to over 200 members. The REFA Emerging Leader Membership provides individual...

RED refinances $10.335 million for Victoria Riverside

RED Mortgage Capital, LLC, the mortgage lending entity of comprehensive capital provider RED CAPITAL GROUP, LLC, with assistance from Jeffre...

Amendment to ILSA is good news for condominium developers and lenders

On September 26th, President Obama signed into law an amendment to the federal Interstate Land Sales Full Disclosure Act, 15 U.S.C. §§1701...