Financial Digest

Timing is right to invest in 1030 eligible oil and gas

Selling investment real estate and deferring taxes through a 1031 exchange can be tricky today. The greatest difficulty is not just finding...

The gradual inclusion of recourse into standard loans

While the commercial real estate community continues to wait to witness the evolution of the CMBS market, changes to its lending platform an...

The Mass. Mortgage Association hosts Annual Convention: May 13th & 14th

...

Leff of Wells Fargo provides $25 million construction loan for 115,700 s/f building

Wells Fargo has provided a $25 million loan for the construction of 200 River's Edge Dr., the initial office building of the master-planned ...

Cronheim Mortgage arranges $11.975 million for three properties

Cronheim Mortgage has arranged financing of $11.975 million for three office and mixed-use properties located in Conn. In East Lyme, John M...

Marcone Capital arranges $11 million financing for Paragon Towers

Mike Marcone of Marcone Capital, Inc. has arranged the financing of Paragon Towers, a first class, five level, 60,721 s/f office building lo...

Fantini & Gorga places $9.77m financing for 2 multi-fam. props.

Fantini & Gorga has arranged $9.77 million in permanent financing for two multi-family properties consisting of 179 units in Portland and So...

First Trade Union Bank hires Butler as president and CEO

First Trade Union Bank, a full-service bank with branches in Mass., R.I., and N.Y., has hired Michael Butler as president and chief executiv...

Lucas of Love Funding places $6.28m acquisition loan for rehab. center

According to Love Funding, Leonard Lucas of the Boston office placed $6.28 million in senior and mezzanine debt to finance the acquisition o...

HFF arranges $960 million loan for 34 property portfolio

The Boston and New York offices of Holliday Fenoglio Fowler, L.P. (HFF) have arranged a $960 million loan for a portfolio of 34 single-tenan...