Financial Digest

BayCoast Bank names Palmer branch manager of new Westport location

BayCoast Bank, formerly Citizens~Union Savings Bank, has appointed Gina Palmer to the position of branch manager/assistant treasurer. In thi...

Rome of Capital Access places $19.24 million for Riverbank Lofts

$19.24 million of debt and equity for The Riverbank Lofts has been arranged by Jeffrey Rome, managing member of Capital Access US, LLC. The ...

Worth Avenue Capital secures $650,000 loan

Worth Avenue Capital, LLC of Guilford, Conn. has closed a $650,000 commercial loan to a small business in R.I. The loan was funded by one of...

Wentzel of Fantini & Gorga handles $9.765 million for Kohl's

Fantini & Gorga recently placed $9.765 million in first mortgage financing for an 88,400 s/f retail property leased to Kohl's Department Sto...

Appraisers in Vt. well into the cycle of commercial activity

Appraisers in Vermont are well into the annual cycle of commercial activity, which heats up each year as the snow melts and borrowing for pu...

Emerging positive trends and New England real estate

Headline reports of global turmoil are unsettling and concerning to those with long-term strategic views of real estate investing, particula...

The developer's dilemma: Know when to hold them...

The catchy and the upbeat Kenny Roger's lyric "you've got to know when to hold 'em, know when to fold 'em" belies the extreme angst behind t...

Boston chapter of the Counselors of Real Estate hosts luncheon

Thursday, May 31st the Boston chapter of the Counselors of Real Estate held a luncheon at the Algonquin Club in Boston. Featured speaker was...

Fitzgerald joins Eastern Bank as chief financial officer

Eastern Bank has appointed James Fitzgerald as chief financial officer. Fitzgerald, a former CFO at Citizens Bank, brings nearly 30 years o...

Next on the hit list: Could it be the commercial real estate appraisals?

Real estate appraisals are crucial in real estate lending transactions. Whether the loan is residential or commercial, the appraisal is a ce...