Financial Digest

Miller joins Everett Cooperative Bank as VP and portfolio manager

According to Elizabeth Jones, president and CEO of Everett Co-operative Bank, Michael Miller has recently joined the bank as vice president ...

Pioneer Financial closes $1.7m purchase deal for Wigglesworth St.

Pioneer Financial Group, LLC recently placed acquisition financing in the amount of $1.7 million on behalf of Wigglesworth St., LLC. Managi...

Gomberg Financial Services arranges $1m purchase loan

Gomberg Financial Services has arranged a $1,041,300, 80% LTV first mortgage loan for the purchase of a 27-unit apartment building located a...

CMBA to sponsor seminars by Mortgage Training Solutions

The Conn. Mortgage Bankers Association, Inc. (CMBA) will sponsor a half-day seminar "VA Financing" on Tuesday, October 28th. This half-day ...

Groblewski of Fantini & Gorga arranges $1.4 million financing

Fantini & Gorga recently placed $1.4 million in permanent financing for Tahoe Gardens, a 27 unit apartment building. The borrower, Tahoe Gar...

Knierim joins Randolph Savings Bank as senior vice president and CFO

According to Randolph Savings Bank president and CEO Thomas Drummey, John Knierim has joined the bank as senior vice president, chief financ...

How to create and manage retirement income

Combine the income producing investments into a portfolio A retirement income portfolio should ideally have an allocation to all of the abov...

Market based valuations in a cost basis environment Derivatives and other depreciable balance sheet paper

In a time of economic uncertainty our government is being pushed into an interventionist role in the private marketplace, and while our lawm...

Selling solutions in a changing hospitality market: Part 2

Not only are these banks offering financing, but the rates are quite encouraging. Fixed interest terms still tend to be negotiable and vary ...

In tough times, its time to act for owners, renters and sellers

Given the current economic climate and likelihood of a tumultuous fourth quarter, here's some advice based on a number of years of experienc...