Boston, MA MassDevelopment has issued $151.7 million in tax-exempt bonds on behalf of affiliates of public housing authorities in Brookline, Cambridge, Framingham, and Medford, which will use bond proceeds to renovate and preserve 368 units of housing
A handful of convenience stores with gas stations have opened across southern New Hampshire in the past few years, and many more like them have sold across the region. More likely than not, benefits and advantages from 2017’s Tax Cut and Jobs Act drove interest in the asset class.
Boston, MA EagleBridge Capital has arranged acquisition/permanent mortgage financing in the amount of $2.232 million for an apartment property located on Snow Hill St. in the North End neighborhood, the city’s oldest residential community.
Quincy, MA LBC Boston secured a $50 million financing package led by Rockland Trust for the construction of NOVA Hancock, an apartment complex in downtown. NOVA Hancock is LBC Boston’s second project
Cambridge, MA Gilda Nogueira, president and CEO of East Cambridge Savings Bank since 2012, plans to retire later in 2023. The announcement was made at the annual meeting of East Cambridge Savings Bank and 1854 Bancorp, the bank’s mutual holding company.
Boston, MA The Real Estate Finance Association (REFA) hosted its second education program of the year: MBA Recap & Boston’s Lending Environment on Wednesday, March 8
th at Atlantic Wharf, 290 Congress St.
Essex, CT According to Diane Arnold, president and CEO of Essex Savings Bank, Debra Brown has been promoted to senior vice president, chief financial officer in the wake of the current senior vice president chief financial officer Shawn Honan’s pending retirement
Newton, MA According to Joseph De Vito, president and CEO of The Village Bank, they have hired Jennifer Cruz as assistant vice president/fraud officer.
Rowayton, CT Andrew Stewart and Dev Morris of Cronheim Mortgage have secured $20.23 million in long-term interest-only financing for an office property. The 100,342 s/f property consists of two interconnected buildings, a historic structure developed
Braintree, MA EagleBridge Capital has arranged construction/permanent mortgage financing in the amount of $6.14 million for a new long-term leased CVS pharmacy. The financing was arranged by EagleBridge principal, Ted Sidel.
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