Financial Digest

Ranieri of NorthMarq arranges $6.5 million for Montcalm Heights Apts.

Robert Ranieri, senior vice president and managing director of NorthMarq Capital, LLC's Greater Westchester, NY/CT regional office, arranged...

Cambridge Realty processes 22 loans totaling $347.3m in Nov.

The general slowdown in the number of loan origination requests processed by Cambridge Realty Capital Companies continued into November, but...

Economic plans for 2009 - Creating GBBBRTC2

December's Top Headlines... *Buy Coal! Santa Set to Corner the Market *Frosty the Hedge Fund is Melting - 40% Redemptions by 1Q '09 *To Avo...

Northeast Community Credit Union and Haverhill Bank complete merger

The merger of Northeast Community Credit Union (NCCU) and Haverhill Bank was closed on December 16th. Upon the signing, the credit union imm...

Rockport Mortgage Corp. provides $2.55m for Donna Kay Rest Home

Michael Byrnes of Rockport Mortgage Corporation announced that the firm has provided a $2.55 million HUD 232 loan to finance the acquisition...

Russo and Norcross join the radius financial group

According to the radius financial group, Kathleen Russo has joined the team as loan coordinator. Russo is from Kingston, Mass. and formerly ...

Jasie of Pioneer Financial Group closes $1 million construction loan

Pioneer Financial Group, LLC recently placed construction financing in the amount of $1 million on behalf of Modernova Development LLC. Mana...

Q&A with June Fish of Ashworth Mortgage Corp.

How do you analyze a short remaining on a long term initial lease term or subsequent option term when seeking financing? --BEH Here I assum...

Magyar named tax director at G.T. Reilly & Co.

According to Anthony Smeriglio, president and managing director of the public accounting firm of G.T. Reilly & Co., Carol Magyar, CPA, MST, ...

Mortgage advice: Hard money, bridge loans and asset lending

There is nothing new about "high coupon"/ short term lending. Presently the current recessionary economic environment - and stricter underw...