Financial Digest

Belmont Savings Bank finalizes $11.7 million loan to Belgrade Place

Belmont Savings Bank recently finalized an $11.7 million loan to Belgrade Place, a 39-unit apartment complex. The complex represents the fir...

Keefe joins Westfield Bank as vice president of commercial real estate

According to Westfield Bank president and CEO James Hagan, Dennis Keefe has joined the Westfield Bank team as vice president of commercial r...

Eastern Bank and The Commmunity Bank plan to merge by year end

Eastern Bank and The Community Bank have plans to merge, combining their resources and building upon Eastern’s financial strength to bette...

Chase of Tremont Realty Capital places $9.5 million refinance loan

The Annapolis office of Tremont Realty Capital has arranged the debt for the refinance of Bay Bridge Estates, a manufactured housing communi...

BayCoast Bank promotes Lincoln to vice president/marketing

BayCoast Bank, formerly Citizens~Union Savings Bank, has promoted Susan Lincoln to the position of vice president /marketing. In this role, ...

Cornerstone Realty Consultants arranges two loans totaling $10.85 million million

Cornerstone Realty Consultants arranged a $9.5 million loan for its client allowing for the refinance of two adjacent multifamily properties...

Real Estate Finance Association holds Charitable Golf Outing

The Annual REFA Charitable Golf Outing, benefiting Homestart and Project Hope, was held at the Blue Hills Country Club in Canton, on July 23...

O’Neil and King of Holliday Fenoglio Fowler, LP secure $20 million financing for 130,000 s/f office park

Holliday Fenoglio Fowler, LP (HFF) has arranged $20 million in financing for Newton Wellesley Executive Office Park, a four-building, suburb...

UC Funding has closes a $6.09 million bridge loan for a multifamily development named Bridgeview

UC Funding has closed a $6.09 million bridge loan for a multifamily development named Bridgeview. Bridgeview is a 34.97 acre land parcel ap...

Meridian Capital Group, LLC arranges $11.7 million refinancing of four retail properties

Meridian Capital Group, LLC negotiated an $11.7 million refinancing package on behalf of Gary Solomon & Company for four triple net leased r...