Financial Digest

Mansfield Bank provides acquisition/construction financing to borrower for 71-unit multifamily property

Mansfield Bank provided acquisition and construction financing to allow a borrower to acquire and improve property. The borrower purchased 7...

First Niagara Financial Group provides $13.3 million financing for Mill Commons LLC

First Niagara Financial Group has completed a $13.3 million construction and permanent mortgage to Mill Commons LLC. Mill Commons is an 88-u...

Real Estate Finance Association names 2014 board of directors: O'Neill of Holland & Knight LLP named president

The Real Estate Finance Association has named their board of directors for 2014. John O'Neill of Holland & Knight LLP, will serve as Preside...

Savings Institute Bank & Trust earns 5-star rating by BauerFinancial, Inc.

Savings Institute Bank & Trust was recognized for the 15th consecutive quarter as a superior 5-star rated bank by BauerFinancial, Inc., a na...

Cornerstone Realty Capital arranges $1.2 million multifamily refinance

Cornerstone Realty Capital arranged a $1.2 million loan for its client, Senne Holdings LLC, to refinance a multifamily building. Located at ...

Bridgewater Savings raises $1,100 at Shred Day event for local food pantries

Bridgewater Savings recently held a community shred day event and raised over $1,100 for the bank's Charitable Foundation. The proceeds from...

NorthMarq hires Demadis as vice president, associate producer in Boston

Ryan Demadis has joined NorthMarq as vice president, associate producer. Before joining NorthMarq, Demadis served as associate broker for RM...

Cornerstone Realty Capital arranges $26.9 million in construction financing

Cornerstone Realty Capital arranged $26.9 million in financing for its client, 75 Brainerd Road LLC, allowing for the construction of a 104-...

Worth Avenue Capital, LLC closes $800,000 loan - Proceeds used to purchase CT health care facility

Worth Avenue Capital, LLC has closed an $800,000 commercial loan for a real estate development company in Utah in which the loan proceeds we...

Guerin and Kaliviotis join Eastern Bank as vice president/branch managers in Andover and Burlington

Eastern Bank, a full-service commercial bank headquartered in Boston, has hired Kim Guerin as an assistant vice president and branch manager...