Financial Digest

Getting your money out during a 1031 exchange

One of the more troublesome calls we receive as a Qualified Intermediary (QI) is when an investor has sold property and received the net pro...

Boston Private Bank & Trust Co. hires McNally as vice president

Boston Private Bank & Trust Company, a wholly owned subsidiary of Boston Private Financial Holdings, Inc. has appointed John McNally to vice...

Gomberg arranges $1.284 million loan for 28-unit apartments complex

Gomberg Financial Services has arranged an 85% CLTV purchase loan for a 28-unit apartment complex located on Pembroke St. The purchase pri...

Bridgewater Savings hires Gesualdo as VP and comm'l. loan officer

Joseph Gesualdo has joined Bridgewater Savings' Raynham and Bridgewater branch offices as vice president and commercial loan officer. Gesual...

CBRE arranges recapitalization of 377,123 s/f Milford Crossing

Jeffrey Dunne of CB Richard Ellis' New York Tri-State Region Institutional Group recently represented Milford Crossing LLC in the recapitali...

Fantini & Gorga places $8.85m financing for Duxbury Estates

Fantini & Gorga recently arranged $8.85 million financing for the construction of a 44-unit, age-restricted townhouse community, known as Du...

East Coast Development building Winter Hill Bank branch in N. Reading

East Coast Developments, Inc. of Woburn is constructing a new Winter Hill Bank branch at Shaw's Plaza. Completion is planned for January. Lo...

HFF arranges $6m financing for Sacred Heart University building

The Westport office of Holliday Fenoglio Fowler, L.P. (HFF) hast arranged a $6 million refinancing for 101 Oakview Dr., a 43,540 s/f office ...

Sidel and Sheehan of EagleBridge Capital arrange $6m financing

EagleBridge Capital has arranged permanent mortgage financing in the amount of $6 million for 33 Broad St., an architecturally significant o...

Bank R.I. held grand opening of new 3,230 s/f branch in Pawtucket

On October 29th, Bank R.I. held the Grand Opening of its Pawtucket branch which was designed by Vision 3 Architects. The new facility is th...