Financial Digest

Fitzgerald joins Melrose Bank as vice president, commercial lending

Melrose, MA According to Melrose Bank, Edward Fitzgerald has joined the bank as vice president, commercial lending. Fitzgerald will help to ...

Cornerstone Realty Capital arranges $12.3 million in financing for 11 properties

Chelsea, MA Cornerstone Realty Capital arranged $12.3 million in financing for a portfolio of properties throughout the city. Andrew Saccone...

People’s United Financial, Inc. to acquire First Connecticut Bancorp, Inc.

Bridgeport, CT People’s United Financial, Inc., the holding company for People’s United Bank, N.A., completed an agreement to ac...

Good construction coverage starts with accurate valuations - by Spencer Macalaster

Before I was in insurance I was in real estate. In those days, when a construction project derailed because of an unforeseen incident like a natural disaster, we’d file a claim and someone on the other end of the equation would write a check to cover a portion of the loss or damage.

Real Estate Finance Association Golf Tournament and gala honorees named

Boston, MA The Real Estate Finance Association (REFA) has named this year’s honorees for the 30th Annual Gala event. David Manfredi, C...

Cryptocurrency: Don’t drink the Kool-Aid - by Paul Dion

Cryptocurrencies like Bitcoin, Bitcash, and Ethereum rest on a foundation of  “blockchain;” a continuously growing public transaction ledger consisting of records called “blocks” that are linked together and secured using cryptography.

Sidel and Sheehan of EagleBridge arrange $21.5 million financing

Boston, MA EagleBridge Capital has arranged acquisition/permanent mortgage financing in the amount of $21.5 million for a multi-family portf...

Cornerstone Realty Capital handles $6.53 million financing

Jamaica Plain, MA Cornerstone Realty Capital arranged $6.53 million in financing for a 12-unit mixed-use condominium development. Located at...

LBC Boston secures $28 million construction to permanent mortgage financing for Nova Residences of Quincy

Quincy, MA LBC Boston has secured financing for a new mixed-use development project that will revitalize Quincy Center and connect with othe...

Coulombe and Garcia of Fantini & Gorga place $1.29 million financing
for a 12-unit apartment building in Malden, MA

Malden, MA Fantini & Gorga has completed the placement of a $1.29 million financing for a multifamily property located at 21-23 Myrtle S...