Financial Digest

Mortgage satisfaction conundrum: What is in the future? Part 3

Part 2 appeared in the April 12th edition of NEREJ. Almost every year a new set of laws is being proposed and, in some cases, passed to crea...

Sykes of Beech Street Capital, LLC closes $9.5 million loan for Marion Square

Beech Street Capital, LLC closed a $9.5 million FHA 223(f) loan to refinance Marion Sq., a 44-unit multifamily complex. Nordblom Company, th...

Cartitas Communities provides financing housing for United States Veterans

The number of homeless veterans in Massachusetts has declined significantly in 2010 and 2011. Approximately 1,200 homeless veterans represe...

Reduce taxes and increase wealth with like kind exchanges

Real estate investors and business owners that purchase and sell assets may elect to not pay income taxes on the sale of assets under Sectio...

Hire the right appraiser with the knowledge and experience for the right job

It sounds so simple and intuitive: hire the right person with the knowledge and experience for the assignment and the job should be done to ...

Coulombe and O'Donnell of Fantini & Gorga place $5.6 million

Fantini & Gorga has arranged a $5.6 million in permanent financing for the acquisition of a 21-unit apartment building located in the North ...

The Massachusetts Housing Finance Agency closes $26.5 million loan for 236-unit Sherwood Village

The Massachusetts Housing Finance Agency (MassHousing) has closed a loan for $26.5 million to preserve affordability for senior citizens at ...

Dorfman Capital completes tax credit financing for Voke Lofts

According to Bob Dorfman, president of Dorfman Capital, the company has completed the acquisition and tax credit financing of the former Wor...

NorthMarq places $59 million mortgage for Condyne Industrial Portfolio

James Murphy, managing director of NorthMarq's Boston regional office, arranged acquisition and mezz financing of $59 million for the Condyn...

EagleBridge Capital arranges $10.075 million mortgage for One United Drive

EagleBridge Capital, working exclusively on behalf of its client, has arranged permanent mortgage financing in the amount of $10.075 million...