Boston, MA Cain International and Madison Realty Capital (MRC) complete financing to develop the Raffles Boston Back Bay Hotel & Residences at 40 Trinity Place. Cain, which will provide the majority of the equity to develop this marquee property
East Boston, MA MassHousing has closed on a total of $11.2 million in affordable housing financing to WinnCompanies for the development of 22 new rental housing units and 30 new condominiums on the waterfront. The Clippership Apartments and Clippership Condominiums
Bridgeport, CT People’s United Bank, N.A. a subsidiary of People’s United Financial, Inc., has entered an agreement to acquire United Financial Bancorp, Inc., the holding company for United Bank, in a 100% stock transaction valued at $759 million.
Raynham, MA Bridgewater Savings Bank (BSB) has promoted Diane Pereira to assistant vice president and marketing officer.
Boston, MA The Real Estate Finance Association’s (REFA) Fundamentals programs are tailored as 101-type educational events covering various relevant and timely industry topics. On July 18
th, REFA held its second Fundamentals program of the year
Hingham, MA Cornerstone Realty Capital has arranged $2.8 million in financing for a mixed-use property. The property includes a total of 17 units, comprised of 14 office and three retail units occupied by a pizza restaurant, a dry cleaner
North Attleborough, MA Boston Realty Advisors has secured a $30.9 million construction loan for the ground up redevelopment of 21 East St. – a class A apartment property consisting of 193 market rate apartment units and 11,500 s/f of retail.
Brockton, MA Rockland Trust and NeighborWorks Southern Mass were joined by lieutenant governor Karyn Polito and mayor Bill Carpenter to celebrate the groundbreaking of Sycamore on Main, a 100% affordable housing
Brockton, MA Fantini & Gorga has arranged $2.48 million in acquisition financing for Eastway Plaza, located at 587 Centre St. Fantini & Gorga placed the financing on behalf of one of its long-standing clients.
Brookline, MA Joan Matera has joined Brookline Bank as vice president in the bank’s commercial real estate banking division. Matera brings more than 20 years of commercial real estate banking and investment experience to Brookline Bank.