Financial Digest

Phelan and Broderick of Colliers International place $18.5 million financing

Colliers International has arranged a $18.5 million, 15-year, fixed-rate first mortgage for the newly expanded and renovated Hotel Tria. Wor...

REFA enters busy fall season with Annual Fall Conference - September 6th

REFA kicked-off its busy fall season on Friday, September 6th at their Annual Fall Conference. Held at the Westin Waltham, the conference pr...

Worth Avenue Capital closes $565,000 commercial loan

Worth Avenue Capital, LLC (WAC) closed a $565,000 commercial loan for an electrical contractor that is based in Northwestern Conn. The loan ...

Haverhill Bank breaks ground on new branch in 22,000 s/f retail plaza

Town officials, contractors and business leaders joined Haverhill Bank executives and staff at the groundbreaking for the bank's new branch....

Campeau and Masefield named assistant vice president's at HarborOne Bank

According to James Blake, president and CEO of HarborOne Bank, Monique Campeau has been promoted to assistant vice president, mortgage proce...

The Real estate professional and 3.8% tax on net investment income - Part 1

Many of our clients own and/or operate rental real estate. Prior to 2013, for some such clients, there was no real advantage in electing to ...

O'Donnell and Whelan of Fantini & Gorga place $4 million financing

Fantini & Gorga has arranged $4 million in permanent financing on Rutland Housing, a 44-unit midrise multifamily property in the city's Sout...

Emerald Creek Capital completes multiple financing deals this summer

Emerald Creek Capital, a private lender with headquarters at One Penn Plaza, has found a way to escape this hot New York summer. Over the la...

Mutual Bank members approve charter conversion at special meeting

Mutual Bank received overwhelming approval from its members to move ahead with its plan to convert to a state charter, by vote at a special ...

MassHousing provides $52.4 million for 359 apartments owned by four local Community Development Corporations

Workers are on site installing new systems and rehabilitating 359 apartments owned by four local Community Development Corporations (CDCs) a...