Financial Digest

IRC Section 1031 - A vital and cost effective economic stimulant

A spate of commonly held misconceptions about like-kind exchanges have spurred the introduction of several legislative proposals to either r...

Larew Doyle & Associates arranges $6m financing

Alan Doyle, principal of Larew Doyle & Associates (LD&A)Providence office secured $6 million in acquisition financing on a 92,000 s/f two st...

Eastern Bank selects Margulies Perruzzi Architects to design "Branch of the Future" at 265 Franklin St., Boston

Margulies Perruzzi Architects (MPA), one of the city's most innovative architectural and interior design firms, has been selected by Eastern...

Financial industry construction firm Solidus launches new website

Connecticut-based financial industry construction company, Solidus, has undertaken a major overhaul of their existing site that was original...

Gomberg Financial Services arranges $3.68m refinance loan for a portfolio of 11 multi-family properties

Gomberg Financial Services has arranged a 75% LTV $3.68 million refinance loan for a portfolio of 11 multi-family properties. The loan is fi...

MassHousing closes $15.19 million in loans for four affordable properties

MassHousing has closed $15.19 million in loans for four affordable rental housing communities with 1,695 apartments in Rockland, Southbridge...

Washington Trust provides $8.6 million to Ridgebury Office Investment, LLC

Washington Trust's Commercial Real Estate Group provided $8.6 million to Ridgebury Office Investment, LLC, for the refinancing of a class A,...

MassHousing closes $16.4 million in loans for St. Stephen's Tower

Senior citizens living in the 130-unit St. Stephen's Tower will see major property renovations and affordability extended for the long term ...

Gorga and Cunnane of Fantini & Gorga arrange $27.5 million financing

Fantini & Gorga (www.fantinigorga.com)recently arranged $27.5 million in permanent first mortgage financing for the Cowesett Hills Apartment...

Real Estate Finance Association names 2015 board of directors

The Real Estate Finance Association has named their board of directors for 2015. Andrew Rosen, senior vice president of commercial real esta...