MountainOne promotes Row, Belanger, Bishop, Ray, Shepard and Bloom

North Adams, MA MountainOne has promoted six employees to officer roles. The promotions include the following:

• Heather Row, vice president, commercial portfolio manager -  Row’s extensive knowledge of underwriting, particularly in commercial and industrial exposures, has been essential to managing risk and expanding the bank’s portfolio.

Stapleton named senior vice president and director of foreign exchange & international services at Rockland Trust

Brockton, MA Rockland Trust has appointed Thomas Stapleton as senior vice president and director of foreign exchange & international services. Stapleton will manage the bank’s activities related to international currency transactions including managing foreign exchange risk, executing trades, cross border

Guilford Savings Bank names Eagleson as president and CEO

Guilford, CT GSB (Guilford Savings Bank) has promoted Kyle Eagleson as president and CEO. This follows the planned succession from Timothy Geelan, who retired as CEO on April 1^st.

Eastern Bank adds Tobin Scientific as a new commercial banking customer

Boston, MA According to Eastern Bank, Tobin Scientific, a leading provider of ambient and cold GMP storage, biorepository services and specialized logistics for the life sciences industry, is a new commercial banking customer. Eastern Bank is providing Tobin Scientific with a full-service banking relationship that includes financing as well as deposit and treasury services.

Financing Real Estate: It’s all about the Bond Market - by Daniel Calano

It’s crazy that we “real estaters” look to the Federal Reserve to “lower rates,” hoping and planning for cheaper borrowing, to build affordable housing, or that commercial building we’ve been waiting to build. The myth goes on...believing that lowering a quarter point here and there will make borrowing more available and feasible.

Real Estate Finance Association jumps into summer 2025

Boston, MA On May 28^th, REFA attended a walking tour of Lyrik Back Bay followed by a networking reception at the citizenM hotel; A destination for work, play, and culture, and a new gateway to the city and a vibrant anchor for the Back Bay neighborhood.

JLL arranges $41.5m construction
financing for READCO from Liberty Bank

Stonington, CT JLL Capital Markets has arranged $41.5 million construction financing for Stonington Village, a 160-unit mixed-use multifamily and retail development project. JLL worked on behalf of the borrower, READCO, in arranging the five-year,

Colliers arranges $34.3m refinancing on
behalf of Capital Properties for Long Wharf Boston

Boston, MA Colliers has arranged the $34.3 million refinancing of the Custom House Block and Gardiner Building at Long Wharf, a mixed-use office and retail asset located at 66 Long Wharf.

Union Savings Bank selects six new corporators

Danbury, CT According to Union Savings Bank (USB) president and CEO Chelen Reyes and chair of the board Lucie Voves, six new corporators have been elected at the bank’s annual meeting.

MPZ Development and Capstone secure
financing for Baldwinville School Apartments

Templeton, MA MPZ Development LLC (MPZ) and Capstone Communities LLC (Capstone) have closed on the financing of the Baldwinville School Apartments redevelopment project (project). With funding secured, Capstone and MPZ will begin the development process for the town’s first multifamily housing project