Financial Digest

Rockport National Bank and MassDevelopment provide $285,000 to Gloucester Marine Railways

Rockport National Bank and MassDevelopment have partnered to provide a $285,000 loan to Gloucester Marine Railways, one of the oldest contin...

Nordblom Company leases 3,300 s/f to Cambridge Savings Bank at 3rd

­ Ave. in Northwest ParkBurlington, MA Nordblom Company has completed a 3,300 s/f lease with Cambridge Savings Bank (CSB) at 3rd Ave. Loc...

Lucas of Love Funding arranges $27.04 million in refinancings

Love Funding, one of the nation's leading providers of FHA multifamily and healthcare financing, has closed three loan refinancings totaling...

Colliers International secures financing for National Development's Ink Block project

According to Colliers International's Kevin Phelan and Stephen Horan, the company has placed equity and debt financing for Ink Block, Nation...

REFA spring and summer programs and events

The Real Estate Finance Association (REFA) has many great programs lined up for the rest of spring and heading into the summer. REFA Fundam...

Cornerstone Realty Capital arranges $1.5 million in acquisition financing

Cornerstone Realty Capital arranged a total of $1,507,500 in financing for its client allowing for the acquisition of a 10 unit, mixed-use b...

ReadyCap Commercial, LLC hires Jasie as vice president of commercial real estate lending

ReadyCap Commercial, LLC, a new non-bank direct portfolio lender offering commercial financing up to $10 million in major markets nationwide...

Preserving the deal: Protections for investments in real estate

The real estate market is regaining its footing after a difficult five year span, and with that confidence comes a new wave of investors and...

Mortgage satisfaction conundrum: What is in the future? Part 3

Part 2 appeared in the April 12th edition of NEREJ. Almost every year a new set of laws is being proposed and, in some cases, passed to crea...

Sykes of Beech Street Capital, LLC closes $9.5 million loan for Marion Square

Beech Street Capital, LLC closed a $9.5 million FHA 223(f) loan to refinance Marion Sq., a 44-unit multifamily complex. Nordblom Company, th...