Financial Digest

Paley of The Village Bank honored with 2022 Pathway to Possible award

Newton, MA Susan Paley, vice president of community relations at The Village Bank, has been honored by Pathway to Possible for her commitment to the wellbeing of Newton.

REFA hosts 34th Annual Gala at Westin Copley Place honoring Paul Ayoub of Nutter

Boston, MA REFA hosts 34th Annual Gala at Westin Copley Place honoring Paul Ayoub, Nutter. On Thursday, October 6th, over 500 REFA members and friends gathered to honor Ayoub, chair at Nutter, as he was awarded the Swain Distinguished Service Award

EagleBridge Capital facilitates $4.4m mortgage financing for retail and apartment properties in New Canaan, CT

New Canaan, CT EagleBridge Capital has arranged permanent mortgage financing in the amount of $4.4 million for a group of retail and apartment properties located in downtown. The financing was arranged by EagleBridge director

JLL arranges $230 million financing for 262,000 s/f Somerville life sciences development

Somerville, MA JLL Capital Markets has arranged a $230 million construction loan for the development of 15 McGrath Hwy., a speculative life sciences development totaling 262,000 s/f. JLL worked on behalf of DLJ Real Estate Capital Partners, Leggat McCall Properties and Deutsche Finance

Cornerstone Realty Capital places $10.25 million in financing for 65-unit mixed-use property in Malden, MA

Malden, MA Cornerstone Realty Capital arranged $10.25 million for the refinance of 54-72 Summer St., a 65-unit mixed-use property consisting of 54 apartments and 11 commercial retail units.

Fantini & Gorga arranges $12.5 million first mortgage for redevelopment of One Wheeler Rd., Burlington, MA

Burlington, MA Fantini & Gorga has arranged $12.5 million first mortgage for the redevelopment of One Wheeler Rd. To be called Gateway Burlington, the subject will consist of a two level, on grade

MAB Community Services receives $13m financing from Rockland Trust

Westwood, MA Rockland Trust has provided over $13 million in financing to MAB Community Services (MAB) to purchase sixteen group homes, which have been leased to house individuals MAB has served for as long as 18 years

Northmarq closes $15.2 million refinance for Maine retail and industrial portfolio

Bangor, ME Ed Riekstins, managing director, and Daniel Karp, vice president of Northmarq’s Boston debt/equity team, finalized the $15.2 million permanent-fixed loan for a Maine retail and industrial portfolio.

Newmark represents Atlantic Management in $96.5m financing

Westborough, MA Newmark has arranged $96.5 million in financing for 50 and 54 Otis St., two industrial assets that are located less than 35 miles west of Boston. Newmark co-head of U.S. Capital Markets Robert Griffin,

North Easton Savings Bank named a Top Bank in Massachusetts by Forbes

Easton, MA For the 2nd consecutive year, North Easton Savings Bank has been named by Forbes as a top-ranked bank in Massachusetts on Forbes’ most recent listing of America’s Best Banks and Credit Unions