Financial Digest

Nogueira of East Cambridge Savings Bank featured on American Bankers Association podcast

Cambridge, MA East Cambridge Savings Bank (ECSB) president and CEO Gilda Nogueira was featured in the American Bankers Association (ABA) Banking Journal Podcast. In the half hour interview, Nogueira discussed the arc of her career at

Damigella of Marcus & Millichap Capital Corp. arranges $14.933 million financing in two deals

Leicester, MA Marcus & Millichap Capital Corp. (MMCC) has arranged a $6.945 million refinancing loan for a 78-unit multifamily property located at 500 Stafford St. Robert Damigella of MMCC arranged the 10-year loan

Spiegel Associates arranges $11.9 million for Cambridge condo construction

Cambridge, MA Sidney Spiegel of Spiegel Associates has arranged an acquisition and construction loan for 18 units at 1043-1069 Cambridge St. Upon completion, the property will consist of a single, four-story building with a

Real Estate Finance Association to host 33rd Annual REFA Gala: Tuesday, October 26th

Boston, MA On June 15th, REFA hosted Fundamentals Webinar on Equity 101. Martha Nay, senior director, capital markets, JLL moderated the program with Andrew Gray, director, capital markets, JLL. They presented on the basics

Washington Trust hires Botelho as commercial lending senior vice president

Providence, RI According to The  Washington Trust Company, Anthony Botelho has joined the bank’s commercial lending group as senior vice president of commercial banking and commercial & industrial (C&I) team leader

EagleBridge Capital arranges $7.85 million construction financing

Bloomfield CT EagleBridge Capital, working exclusively on behalf of its client, has arranged construction/permanent mortgage financing in the amount of $6.25 million plus $1.6 million of additional financing for the Tellus at Bloomfield Town Center Apartments.

KeyBank secures $44 million financing for two multifamily properties

Lawrence, MA KeyBank Real Estate Capital (KBREC) secured $44 million of fixed-rate Freddie Mac financing for the Dolben Company to refinance two multifamily housing properties in New England

Cornerstone Realty Capital arranges $53.285m construction loan for development of Edgemere Crossing, Shrewsbury, MA

Shrewsbury, MA Cornerstone Realty Capital arranged a $53.285 million construction loan on behalf of Edgemere Crossing Residential LLC, a joint venture between The Dolben Company, Inc. and Belmont Capital. The proceeds will be used for the construction of a multifamily property

Rockland Trust Provides $14 million to to Rees-Larkin Development, LLC for the Moran Sq. redevelopment project in downtown Fitchburg, MA

Fitchburg, MA Rockland Trust has provided a $14 million construction loan to Rees-Larkin Development, LLC. for their Moran Sq. redevelopment project in downtown. The Moran Sq. project consists of the adaptive re-use of two historic buildings, along with new construction

Stavvy starts $40 million in Series A financing with Flagstar Bank

Boston, MA Stavvy announces a $40 million Series A funding round. The investment will be used to expand the company’s aggressive hiring initiative to accelerate growth in paperless and digital solutions for banking and lending, which has seen explosive demand and interest