Westport, CT EagleBridge Capital, working exclusively on behalf of its client, has arranged construction/permanent mortgage financing in the amount of $7.8 million for 785 Post Rd. East.
Swampscott, MA Fantini & Gorga arranged a $3.478 million first mortgage for 430 Paradise Rd., a 8,450 s/f neighborhood strip center. Senior managing director Casimir Groblewski and analyst Colin Monahan arranged the financing for a long-standing client, a Boston-based real estate investor.
Lowell, MA Rockport Mortgage has completed the closing of a $42.4 million, HUD Section 223(f) refinance loan. The transaction will preserve affordability at the rental housing development for 39 years.
Newburyport, MA Rockland Trust partners with Newburyport Bank to provide a $30.6 million loan to MINCO Development Corp. for the construction of their energy-efficient Passive Housing residential development, Newburyport Crossing at Three Boston Way.
Easton, MA North Easton Savings Bank has promoted Jason Green to assistant vice president, commercial loan portfolio manager. In his new role, Green will be responsible for managing a portfolio of existing commercial and private banking relationships
www.semperpartnersre.com was set up to help today’s small to mid-sized real estate developer with the crucial steps of finance relationships needed to build his/her projects.
Boston, MA Citizens has arranged a $193.76 million construction loan for the development of a new 262,468 s/f life science campus at Parcels O and P in the Raymond L. Flynn Marine Park
Hartford, CT M&T Realty Capital Corp. has closed $51.579 million in Fannie Mae Seniors Housing loans for the acquisition financing of a seniors housing portfolio, on behalf of White Oak Healthcare REIT and Everbrook Senior Living.
Somerville, MA Middlesex Federal Savings has appointed Leo Barrett, Jr., as senior vice president and senior loan officer. He will replace Peter Bazzinotti, who will be retiring after a transition period.
Essex, CT According to Essex Financial, Owen Bregman, CPA, has joined the firm as an investment advisor representative. He is the managing partner of Bregman & Company P.C. with offices in Stamford and Avon.
