Financial Digest

Broderick of Colliers Meredith & Grew arranges $8.5 million financing

Colliers Meredith & Grew's capital markets group has arranged a $8.5 million refinancing for a four-building, 173,917 s/f portfolio of offic...

Fess joins Brookline Bank as VP in the commercial R.E. lending group; and also opens branches in burlington and wellesley

Darryl Fess has joined Brookline Bank's commercial real estate lending group as vice president. Fess, a 20 plus-year banking veteran with ov...

Cornerstone Realty Consultants arranges $3.6m for QK Realty Trust

Cornerstone Realty Consultants arranged a $3.6 million loan for its client QK Realty Trust allowing for the refinance of existing debt encum...

Q&A with June Fish of Ashworth Mortgage Corp.

I recently secured a Term Sheet wherein it stated that the property that I am financing must achieve a stated debt yield. What is a debt yie...

REFA holds breakfast meeting on June 2nd

The Real Estate Finance Association held a breakfast meeting on June 2nd at the law offices of Wilmer Cutler Pickering Hale & Dorr at 60 Sta...

Emerald Creek Capital provides $1.35 million for 50,000 s/f property

Emerald Creek Capital provided $1.35 million dollars to assist a buyer acquiring a property at a foreclosure auction. Closing in nine days t...

Lucas of Love Funding closes $7.2m refinancing for Emerald Park Center

Love Funding recently closed a $7.2 million refinance loan for Emerald Park Retirement Center, an assisted living facility located in Hollyw...

Bristol County Savings Bank holds annual meeting - MacCormack named to board of directors

According to Dennis Cody, chairman of the board of Bristol County Savings Bank (BCSB), at the bank's Annual Meeting, fiscal year 2009 was an...

Rockland Trust renews and expands leases at Braintree Executive Park

Rockland Trust Company is renewing its lease and expanding its footprint at 150 Grossman Dr., Braintree Executive Park. The addition of 2,71...

Haverhill Bank names Mortimer president and CEO; Faulkner chairman

Thomas Mortimer has been named president and chief executive officer of Haverhill Bank, after the bank's board of directors voted. Mortimer ...