Financial Digest

Understanding your loan portfolio can put property owners in an advantageous position

As the economy continues down its current path and the credit markets continue to tighten, identifying financing sources is becoming increas...

Kelly of Arbor Comm'l. Funding closes 3 Fannie Mae loans totaling $17.9 million

Arbor Commercial Funding, LLC, a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, recently funded three loans totaling $17.9 milli...

NorthMarq Capital hires Nickerson as VP

Doug Nickerson has joined the N.E. regional office of NorthMarq Capital as vice president after 20 years as a successful mortgage broker and...

Proposed edits to the definition of "Signature"

The Appraisal Standards Board has issued the second exposure draft of proposed changes to the 2010-11 Edition of the Uniform Standards of Pr...

Jasie of Pioneer Financial Group closes $1 million in financing for two clients

Pioneer Financial Group, LLC recently placed both construction and permanent financing in excess $1 million on behalf of two separate client...

Zaval and Lambert join FNF 1031 Exchange Services, Inc. - N.E. office

According to FNF 1031 Exchange Services, Inc., Edward Zaval has joined the company's N.E. office as vice president and regional manager, and...

The Village Bank opens new branch in West Newton

The Village Bank, headquartered in Auburndale with offices there and in four other Newton villages, will expand its local footprint with the...

Fantini and Whelan of Fantini & Gorga arrange $2 million in financing

Fantini & Gorga has arranged $2 million in financing for the acquisition of an 18,100 s/f office building. Initially started as an assumpti...

Essex Savings Bank reports solid earnings and 5.9% capital increase

Essex Savings Bank held its semi-annual trustees meeting January 26th at the bank's Plains Rd. office. Bank chairman Nicholas Clements welco...

NorthEast Community Bank's year end total loan originations total over $130 million

NorthEast Community Bank (NECB) had a year end total of loan originations of over $130 million throughout the states of N.Y., N.J., Conn., P...