Financial Digest

Citizens Bank provides $41.5 million construction loan to Roseland to build a 237-unit apartment complex

Worcester, MA Citizens Bank has provided a $41.5 million construction loan to Roseland, a wholly owned subsidiary of Mack-Cali Realty L.P., ...

Houlihan of Houlihan-Parnes arranges bridge financing for CT properties

New Haven, CT Jerry Houlihan of Houlihan-Parnes Realtors, LLC has arranged bridge financing for several different acquisitions of distressed...

Fantini & Gorga arranges $19.95 million for Residences @ Malden Station

Residences @ Malden Station, 39 Florence Street - Malden, MA Malden, MA Fantini & Gorga has completed the placement of a $19.95 million...

Holliday Fenoglio Fowler arranges a $35.5 million refinancing for Sheraton Portsmouth Harborside Hotel

Portsmouth, NH Holliday Fenoglio Fowler, L.P. (HFF) has arranged a $35.5 million refinancing for the Sheraton Portsmouth Harborside Hotel, a...

Massachusetts and Rhode Island chapter of the Appraisal Institute name 2016 officers

Massachusetts and Rhode Island chapter of the Appraisal Institute name 2016 officers ...

Real Estate Finance Association names 2016 board of directors

Natalie Herald, Fidelity Investments Boston, MA The Real Estate Finance Association has named their board of directors for 2016. Natalie He...

CRE Message: What happened to the mall? - by Donald Bouchard

Donald Bouchard, CRE The post-World War II economic expansion and the development of the interstate highway system prompted a giant exodus ...

Why is there an appraiser shortage? - by Shaun Fitzgerald

Shaun Fitzgerald, Fitzgerald Appraisals A friend told me last week that when he became an appraiser at the age of 22, the average age of al...

Marcone of Marcone Capital, Inc. arranges $5.495 million financing of Norfolk Place

Norfolk Place - Dedham, MA Dedham, MA Mike Marcone of Marcone Capital, Inc. has arranged the $5.495 million financing of Norfolk Place, a p...

Merchants Bancshares, Inc. completes merger with NUVO Bank & Trust Company

South Burlington, VT Merchants Bancshares, Inc. has completed the merger of NUVO Bank & Trust Company (NUVO), located in Springfield, Ma...