Financial Digest

Coulombe and Maddaluna of Fantini & Gorga place $955,000

Westbrook, ME Fantini & Gorga has completed the debt placement of $955,000 for the refinancing of two multifamily properties. Derek Coulombe, senior managing director and Ryan Maddaluna, analyst

The Real Estate Finance Association celebrates Women’s History Month

Boston, MA REFA celebrated Women’s History Month with a REFA Past President’s Webinar on March 31st. 2020 REFA president Claudia Piper, Webster Bank

Cornerstone Realty Capital arranges $3.43 million financing

Taunton, MA Cornerstone Realty Capital arranged $3.43 million for the acquisition and renovation of a 30-unit multifamily property.  The property consists of three two-story, identically-structured apartment buildings originally built in 1987, that feature wood-framing, clapboard siding, and asphalt-shingled hip and gable roofs.

Coulombe and Feig of Fantini & Gorga complete $2.5 million financing

Providence, RI Fantini & Gorga arranged $2.5 million in permanent financing for the refinancing of 204 Westminster St. Known as The Gaspee Building, the subject is ideally located in the down city arts district. Derek Coulombe, senior managing director and Lindsay Feig, senior director of Fantini & Gorga structured and placed the financing

Invictus Real Estate Partners secures $55.83 million acquisition financing for The Berkeley at Waypointe and Quincy Lofts

Norwalk, CT JLL Capital Markets has arranged $55.83 million in acquisition financing for The Berkeley at Waypointe and Quincy Lofts, a multi-housing property located at 500 West Ave. and 30 Orchard St.

Walsh of EagleBridge Capital arranges $14.7 million financing for Darien Crossing, a two building office complex

Darien, CT EagleBridge Capital has arranged mortgage financing in the amount of $14.7 million for Darien Crossing, a two building office complex. The mortgage financing was arranged by EagleBridge director Brian Walsh who stated

Edgewood Cap. Advisors close $3.5 million loan

New Haven, CT Edgewood Capital Advisors, a national commercial real estate bridge lender based in Southport, Conn., has closed a $3.5 million bridge loan on a portfolio of multifamily properties

Newmark secures acquisition financing for seniors housing asset

Watertown, MA Newmark completed the acquisition financing of The Residence at Watertown Square, a 90-apartment senior living community located at 20 Summer St. Newmark managing director Sarah Anderson, vice chairmen

Guilford Savings Bank opens branch in North Haven

North Haven, CT With construction now complete, Guilford Savings Bank’s (GSB) newest branch office will officially open this month, bringing more community banking to the town. Located at the intersection of

MassDevelopment issues a $6.4 million tax-exempt bond

Boston, MA MassDevelopment has issued a $6.4 million tax-exempt bond on behalf of 41 N. Margin Senior Apartments, LLC, an affiliate of East Boston Community Development Corporation (EBCDC) and Affirmative Investments, Inc.,