Financial Digest

Fantini & Gorga arranges $18.8m financing for Lexington Commons

Lexington, Ma Fantini & Gorga recently placed $18.8 million in construction financing for Lexington Commons, a 30-unit condominium project ...

Gomberg Lending arranges $4.2 million refinancing for apartments

Gomberg Financial Services has arranged a $4.2 million, 80% LTV cash-out refinance loan for a 28-unit over 55 housing complex. The loan is ...

1031 exchanges for planes, trains and automobiles

Real Estate Exchanges are the "flagship" of the 1031 Code, and certainly the more well known of the tax deferred exchange structures. Howeve...

Village Bank awards $40,000 in Scholarships to college bound students

The Village Bank named the recipients of college scholarships totaling $40,000 awarded recently by the bank's Community Charitable Foundatio...

Duphily named assistant vice president at Mutual Bank in Middleboro

For lifelong resident Bruce Duphily, the recent opening of the Mutual Bank Middleboro branch is truly a homecoming. Duphily has been named a...

Cushman & Wakefield arrange financing for two office buildings

Cushman & Wakefield Sonnenblich Goldman has arranged acquisition financing on behalf of Rubicon Investments, LLC, for the purchase of 198 an...

HFF arranges $67m construction loan for Channel Center redevelopment

The Boston office of HFF (Holliday Fenoglio Fowler, L.P.) has arranged a $67 million construction loan for Channel Center, a mixed-use redev...

South Shore Savings Bank arranges $5 million in retail financing

South Shore Savings Bank recently closed two transactions, both for $2.5 million, secured by retail properties. The first was a permanent mo...

Capmark funds $43m refinancing of Mystic Marriott Hotel & Spa

Capmark Finance Inc. has funded $43 million in fixed-rate refinancing for the Mystic Marriott Hotel & Spa. Built in 2001 and located at 6...

Essex Savings Bank's Rafal named number one financial advisor

Essex Ct John Rafal, president of Essex Financial Services was ranked first in the August 27 Barron's Top 100 Independent Financial Advisers...