Financial Digest

Groblewski and Feig of Fantini & Gorga arranges $11.5m financing

Lake Worth, FL Boston-based Fantini & Gorga arranged an $11.5 million first mortgage loan for the construction of a self-storage facility in Lake Worth. Fantini & Gorga placed the financing

Zaxia AVM for CRE helps lenders make the right loan - by Vaughan Hennum

An earlier article discussed how the Zaxia AVM for CRE helps a commercial loan officer excel in today’s more complex regulated environment. This article will discuss

Buscone and Osborne promoted to executive vice president at Eastern

Boston, MA According to Eastern Bank, Gregory Buscone and Matthew Osborne have been promoted to executive vice president, senior commercial banking officer. Both are also members

Goedecke & Co., LLC assembles a new team in Westport, CT office

Westport, CT Goedecke & Co., LLC, one of New England’s largest privately held mortgage banking companies, has appointed Jay Marshall as executive vice president and Katharine Lombardo

Coulombe of Fantini & Gorga arranges $27 million multifamily construction loan

Cambridge, MA Fantini & Gorga has placed a $27 million construction loan. The Fantini & Gorga team was led by Derek Coulombe, senior managing director, who together with Tim O’Donnell, executive managing director and Despina Hixon, senior director, arranged the financing. 

Sidel of EagleBridge Capital negotiates $2.12 million financing for Yankee Trader Seafood

Hingham, MA EagleBridge Capital has arranged acquisition/permanent mortgage financing in the amount of $2.12 million for the future home of Yankee Trader Seafood which will be expanding to 80 Sharp St. The mortgage financing was arranged by EagleBridge principal Ted Sidel

M&T Bank closes $105 million financing for development of 100 Shawmut Ave.

Boston, MA M&T Bank has closed on $105 million of financing for the development of 100 Shawmut Ave. by The Davis Companies. The existing class B office building will be redeveloped and expanded to a luxury condominium building.

Cornerstone Realty Capital arranges $2.7 million financing for acquisition of a 12,980 s/f retail building

Marlborough, MA Cornerstone Realty Capital has arranged $2.7 million in financing for a 12,980 s/f retail building for the Bilotti Group Inc. The property currently houses four tenants and is anchored by a Starbucks. Spaces currently range from 1,500 to 7,466 s/f.

Doyle of Larew Doyle & Associates arranges $26 million financing

Charlestown, MA Alan Doyle, principal of Larew Doyle & Associates arranged $26 million in leasehold construction/mini-perm financing for the redevelopment of the Ropewalk and Tar House Buildings, located in the Charlestown Navy Yard, to be converted to a 97-unit residential property with a 20% affordability component. 

Nazdin of KeyBank Real Estate Capital originates $12.2 million Fannie Mae first mortgage loan

Leominster, MA KeyBank Real Estate Capital has originated a $12.2 million Fannie Mae, first mortgage loan for Sunrise of Leominster. Built in 1996, the property is comprised of one, three-story, 70-unit building situated on five acres.