Financial Digest

Worth Avenue Capital, LLC closes $800,000 loan - Proceeds used to purchase CT health care facility

Worth Avenue Capital, LLC has closed an $800,000 commercial loan for a real estate development company in Utah in which the loan proceeds we...

Guerin and Kaliviotis join Eastern Bank as vice president/branch managers in Andover and Burlington

Eastern Bank, a full-service commercial bank headquartered in Boston, has hired Kim Guerin as an assistant vice president and branch manager...

Bradley and Gaswirth of Colliers International place $5.6 million financing

Colliers International has arranged $5.6 million in refinancing for 35 South St., a single-story, 69,000 s/f flex/R&D building. Colliers wor...

Dembicer of First Niagara's Commercial Real Estate Group closes $15 million refinance for One Sound Shore Drive

First Niagara's Commercial Real Estate Group has closed on a $15 million loan for the refinancing of One Sound Shore Dr., a fully leased, 60...

Morris and Stewart of Cronheim Mortgage arrange $24 million financing for Avon Marketplace

Dev Morris and Andrew Stewart of Cronheim Mortgage have arranged permanent financing of $24 million for Avon Marketplace, an upscale regiona...

The REFA 2013 Recap: Membership is at an all-time high

The Real Estate Finance Association (REFA) saw one of its most successful years in 2013. With membership and corporate sponsorships at an al...

Arbor Commercial Mortgage, LLC appoints Hern as vice president in Boston

Arbor Commercial Mortgage, LLC has appointed Kevin Hern as vice president. Hern is responsible for originating multifamily and healthcare lo...

Fantini & Gorga handles $12.7 million financing for Fortress Self Storage

Fantini & Gorga arranged $12.7 million in permanent financing for Fortress Self Storage, an eleven building, 890-unit self-storage facility ...

MassDevelopment issues $3.2 million bond for acquisition and renovation of 25-unit St. Joseph Hall Apartments

MassDevelopment has issued a $3.2 million bond on behalf of St. Joseph Hall Apartments LLC, which will help fund the acquisition and renovat...

MA/RI chapters of Appraisal Institute host event to honor Richard Dennis and install 2014 officers and directors; Four appraisers awarded MAI certification - held at the Chateau Restaurant in norwood December 4th

The Massachusetts & Rhode Island chapter of the Appraisal Institute met at The Chateau Restaurant in Norwood on December 4th. The purpose wa...