Financial Digest

The Southpoint Group Mortgage Co. closes $1.08 million loan for local church

East Norwalk, CT Steve McFarlin senior mortgage banker of The Southpoint Group Mortgage Company LLC closed a mortgage in the amount of $1.08...

Coulombe, O’Donnell and Hixon of Fantini & Gorga place $25.5 million

Cambridge, MA Fantini & Gorga has completed the placement of a $25.5 million first mortgage for a recently completed and stabilized 61 r...

Bellwether Enterprise arranges $41.5 million equity financing for John M. Corcoran and Co. for $199 million acquisition of Windsor Garden Apts.

Norwood, MA Bellwether Enterprise Real Estate Capital LLC, the commercial and multifamily mortgage banking subsidiary of Enterpris...

Marcone Capital, Inc. arranges $25 million financing for Aegean Capital

Boston, MA Mike Marcone of Marcone Capital, Inc. has arranged the $25 million financing of a condominium interest in a high quality office b...

Eastern Mortgage Capital provides $16.23 million in permanent financing

Somerville, MA Eastern Mortgage Capital has provided $16.23 million in permanent financing on Pearl Street Apartments, a 81-unit age restric...

MassHousing provides $15.8 million in financing to Redwood Housing

Amherst, MA MassHousing has provided $15.8 million in financing to Redwood Housing for the renovation and preservation of 100 affordable hou...

Larew Doyle & Associates arrange $15.75m construction financing

Warwick, RI Alan Doyle, principal of Larew Doyle & Associates, arranged $15.75 million in construction financing for a 125-room Hyatt Pl...

Will the EB-5 program survive past its expiration date? - by Richard Nadeau

A prime source of capital for real estate developers since the Great Recession has been EB-5 money.

Massachusetts’ highest court defines scope of religious exemption for property tax - by Ryan McManus

Ryan McManus, Esq., is a partner at Hemenway & Barnes, LLP, Boston, Mass. ...

MassDevelopment issues $15.3 million tax-exempt bond for Stonehill College

Easton, MA MassDevelopment has issued a $15.3 million tax-exempt bond on behalf of Stonehill College Inc., a Catholic liberal arts college. ...