Financial Digest

The Real Estate Finance Association has a busy Spring planned for members

The Real Estate Finance Association (REFA) hosted its first in-person education program since 2020 on Thursday, April 28th at Atlantic Wharf, 290 Congress St. on Institutional Mindset:

North Easton Savings Bank offers first-time homebuyer workshops

Easton, MA North Easton Savings Bank recently held a series of First-Time Homebuyer Workshops, providing valuable information about the homebuying process to those in attendance

Cornerstone Realty Capital arranges $9m in financing for a 385-unit redevelopment site

Everett, MA Cornerstone Realty Capital arranged $9 million in financing on behalf of V10 Development for the acquisition of a 0.95 acre residential redevelopment site. Located in the city’s Commercial Triangle Economic Development District, V10 Development will raze the existing 16,900 s/f

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