Financial Digest

JLL arranges $543 million in financing for the $596.6 million 10 World Trade

Boston, MA JLL Capital Markets has arranged $543 million in financing for the $596.6 million 10 World Trade project, a speculative development that will offer 555,250 s/f of life sciences, office and retail space in the Seaport District.

Cushman & Wakefield advises Martignetti Cos. in $92m refinance

Taunton, MA Cushman & Wakefield served as the exclusive advisor to Martignetti Companies in the procurement of $92 million for the refinancing of 500 John Hancock Rd., a class A core industrial asset. The 12-year, fixed-rate loan was provided by Northwestern Mutual.

Eagleson joins Washington Trust as vice president

New Haven, CT According to the Washington Trust Company, Brett Eagleson has joined the bank’s commercial real estate group as vice president and relationship manager in Connecticut. Eagleson will focus on the development of commercial real estate loan business,

Soares promoted to team leader at Salem Five Bank

Salem, MA Salem Five Bank has promoted senior vice president Philip Soares to team leader of its commercial real estate division, taking over for Joseph Greenough, who retired last month.

Cambridge Savings Bank empowers local small businesses through financial education courses

Cambridge, MA Cambridge Savings Bank (CSB), has launched its Small Business Financial Education Program. Led by CSB’s financial education manager, Philip Mustone, the program will provide small businesses with information on best practices related to marketing

REFA to host first in-person education program in two years: “Institutional Mindset: Where and how are they investing now?” April 28th at Atlantic Wharf

Boston, MA REFA hosted its first Fundamentals program of the year, Life Science Real Estate 101, on March 22nd. Over 200 REFA members attended the webinar featuring Mark Bruso, senior research manager, JLL; Hana Kolton, principal, Jacobs; and Tyson Reynoso,

BEB Lending provides $5.8 million in acquisition financing - secured by Patriot Holdings for the acquisition of an industrial property at 894-896 Boston Post Rd.

Marlborough, MA BEB Lending (BEB), the finance platform of BEB Capital, a leading investor and developer of industrial, office and multifamily assets throughout the East Coast, has provided a $5.85 million bridge loan to Patriot Holdings for the acquisition financing of an industrial property

Goldstein joins Winchester Savings Bank as commercial lending officer

Winchester, MA Winchester Savings Bank has hired Benjamin Goldstein as a junior commercial lending officer. “We’re growing our Commercial Lending program, and Ben is an excellent addition to our team,” said John Carroll,

Lument completes closing of $18.9m financing for The Guilford House

Guilford, CT Lument completed the closing of an $18.9 million U.S. Department of Housing and Urban Development (HUD)/Federal Housing Administration (FHA) Sec. 223(a)(7) refinance for The Guilford House, a 96-bed assisted living (AL) and skilled nursing facility (SNF).

EagleBridge Capital arranges $38m debt and equity financing for office/R&D complex

Wilmington, MA EagleBridge Capital has arranged mortgage and JV equity financing in the amount of $38 million for 181 and 187 Ballardvale St., an office/R&D complex. The financing was arranged by EagleBridge principal Ted Sidel and director Brian Walsh.