Financial Digest

Arbor Realty Trust funds $120 million in Freddie Mac multifamily loans across U.S.

Ronen Abergel, Arbor Boston, MA Arbor Realty Trust, Inc., a real estate investment trust and national direct lender specializing in loan or...

Preservation of Affordable Housing closes $8 million recapitalization funding

Wareham, MA Preservation of Affordable Housing (POAH), an affordable housing nonprofit organization based in Boston, has closed on the recap...

Bank of New England hires Bohondoney and Cheremka as commercial real estate loan officers

Salem, NH Bank of New England has added two to their commercial real estate lending team, Tina Bohondoney and Paul Cheremka. Both will serv...

New York Life Real Estate Investors completes $37.05 million financing

Boston, MA New York Life Real Estate Investors completed the acquisition financing, on behalf of institutional investors, of a four-building...

MassDevelopment issues $7.74 million tax-exempt bond to Landreau Realty, LLC

Charlton, MA MassDevelopment has issued a $7.74 million tax-exempt bond on behalf of Landreau Realty, LLC, a real estate entity for Monson-b...

Scherer joins Eastern Bank as vice president and commercial real estate relationship manager

Catherine Scherer, Eastern Bank Boston, MA Eastern Bank, a full-service commercial bank, has appointed of Catherine Scherer as vice preside...

East Cambridge Savings Bank donates $10,000 to Cambridge Local First

Cambridge, MA East Cambridge Savings Bank (ECSB) donated $10,000 to Cambridge Local First. Since 2005, ECSB has been a founding partner of C...

The Cooperative Bank hires Battaglia as senior vice president, mortgage operations

John Battaglia, The Cooperative Bank Roslindale, MA The Cooperative Bank (TCB), a full-service community bank specializing in commercial re...

Investing in rental properties takes time and commitment - by Mark Zink

Mark Zink, Melrose Cooperative Bank When equipped with the proper resources and accurate know-how, investing in rental properties can be a ...

Marcone of Marcone Capital, Inc. arranges $19 million financing for Northstar Properties

Mike Marcone, Marcone Capital Southington, CT Mike Marcone of Marcone Capital, Inc. has arranged two separate loans for two properties owne...