Financial Digest

TD Banknorth promotes three to senior vice president of commercial R.E.

TD BankNorth has promoted three employees. Christopher Lippert has been promoted to senior vice president in commercial real estate in Haver...

Hebrew SeniorLife secures $457m in bonds for NewBridge development

Hebrew SeniorLife has closed on the sale of $457 million in tax-exempt bonds to fund the development of NewBridge on the Charles, a state-of...

CBRE handles $4.7 million in financing for 7,500 s/f property

CB Richard Ellis' Connecticut/Westchester office recently arranged $4.7 million in permanent financing for 1876 Black Rock Tpke., a 7,500 s/...

EagleBridge Capital arranges $3.86 million for 2 industrial buildings

EagleBridge Capital has arranged permanent mortgage financing for two industrial buildings,100 Phoenix Ave. in Lowell, Mass. and 560 Turnpik...

HRC provides $11.4m mezzanine loan for purchase/pre-development

Hudson Realty Capital (HRC) has provided $11.4 million in mezzanine financing for the acquisition by Ocean Land Financing Inc. of approximat...

Gomberg Lending funds $1.872m refinancing for 6-building complex

Gomberg Lending LLC is has funded a $1.872 million cash-out refinance loan for the Three Rivers Apartments.  The subject property is a 6-bu...

Tofias PC expands its audit and tax group with the addition of new principals

Tofias PC has hired John Robichaud, CPA, CIC, CISA, and Mark Thurber, JD, LLM, MBA, as principals. "We're thrilled to have both Robichaud a...

Southbourne Group places $1.305 million in multifamily loans

Bob Pieper of the Southbourne Group recently placed $1.305 million in first lien permanent financing for the refinance of 2 multifamily prop...

Gardaphe of iCap Realty received CMB designation

Paul Gardaphe, president & COO of iCap Realty Advisors, recently achieved the Certified Mortgage Banker designation (CMB) awarded by the Mor...

Fedreal Realty rings closing bell at NYSE to celebrate 40 years of success

Federal Realty Investment Trust's members of the management team and board of trustees, rang the closing bell at the New York Stock Exchange...