Financial Digest

Cornerstone Realty Capital arranges $29 million financing for The Mount Vernon Co.

Cornerstone Realty Capital arranged $29 million in financing for its client, The Mount Vernon Co., secured by its recently developed 100-uni...

Jurilla joins The Village Bank as vice president of retail banking

According to Kenneth Brennan, president and CEO of The Village Bank, Mark Jurilla has joined the bank as vice president of retail banking. I...

Rockport Mortgage Corporation provides $8.24 million for refinance of 93-unit apartment building

According to Joseph Mueller of Rockport Mortgage Corporation (RMC), the company recently provided an $8.24 million loan under the HUD 223(f)...

Whelan and O'Donnell of Fantini & Gorga place $14 million financing

Fantini & Gorga recently arranged $14 million in long-term financing for the newly redeveloped Lofts at Lancaster Mills, a 132-unit apartmen...

REFA to honor mayor Menino at 25th Annual Gala

The Real Estate Finance Association told their membership last month that mayor Thomas Menino will be the recipient of the Robert S. Swain J...

Mortgage satisfaction conundrum: What is in the future? Part 2

Lenders' (and investors) originating and closing new loans on real property rely on their title insurance policies to (among other covered m...

Rockland Trust provides $8 million for construction of Arboretum Place

Rockland Trust recently placed $8 million in total financing for APW LLC & APV Realty LLC for the development of Arboretum Place. The credit...

Belmont Savings Bank opens two branches in Shaw's and Star Market

Belmont Savings Bank has plans with Shaw's Supermarkets to open two new full service in-store branches: one at the Star Market located at 69...

Sidel and Sheehan of EagleBridge Capital place $2.437 million financing

EagleBridge Capital, working exclusively on behalf of its client, has arranged construction/permanent mortgage financing in the amount of $2...

Dorfman Capital completes Mass.Historic Tax Credit financings for Twin Cities Community Development Corp.

Dorfman Capital completed a Massachusetts Historic Tax Credit and a Massachusetts Brownfields Tax Credit financings for Twin Cities Communit...