Financial Digest

GE Real Estate provides $70 million financing

GE Real Estate's North America Lending division has provided a $70 million three-year flexible fixed-rate loan to Patriot Partners for the r...

Perspective on the stock market - This too shall pass!

There is no denying that we are receiving a daily diet of bad financial news. On Thursday, November 20th the Dow closed at 7552, a level not...

Giacobbe of Largo Group arranged $1.8m first mortgage financing

Frank Giacobbe, account executive for the Largo Group of Cos., arranged a permanent first mortgage in the amount of $1.8 million to acquire ...

Andrews joins Eastern Insurance as senior V.P.

According to Eastern Insurance Group, LLC, Carla Andrews has joined the agency as a senior vice president, specializing in risk management a...

Krolman of HFF secures $10 million financing for Chestnut Green Apts.

The Boston office of Holliday Fenoglio Fowler, L.P. (HFF) secured $10 million in financing for Chestnut Green Apartments, a 55-unit multifam...

Fantini and O'Donnell of Fantini & Gorga arrange $29.7m mortgage

Fantini & Gorga recently arranged $29.7 million in first mortgage financing on Alexan Pembroke Woods, a class A, 240-unit multifamily proper...

Barnes joins Whelan Assoc. as vice president of the capital markets group

According to Whelan Associates, LLC, Richard Barnes has joined the company as vice president of the capital markets group. As head of this n...

Marcone Capital arranges $9.3 million construction loan for 58,114 s/f center

Mike Marcone of Marcone Capital, Inc. has arranged $9.3 million construction loan on a 58,114 s/f retail center situated on a 3.16 acre parc...

Rockland Trust Bank and Benjamin Franklin Bank begin merger

Independent Bank Corp., parent of Rockland Trust Co., and Benjamin Franklin Bancorp, Inc., parent of Benjamin Franklin Bank, have jointly co...

Spiegel of NE Moves Mortgage arranges $10m financing for Granite Shopping Center

Sidney Spiegel, vice president of NE Moves Mortgage, commercial division, arranged a $10 million refinance loan for The Granite Shopping Cen...