Financial Digest

Spiegel Associates arranges $1.4m for multifamily construction project

Randolph, MA Sidney Spiegel of Spiegel Associates has arranged a $1.4 million construction loan for a multifamily project. The loan was fund...

MassDevelopment issues $65.665 million bond for Lawrence General Hospital

Lawrence, MA MassDevelopment has issued a $65.665 million tax-exempt bond for Lawrence General Hospital, an acute care commun...

Washington Trust provides $2.7m in financing for multi-tenant commercial property in Wallingford, CT

Wallingford, CT Washington Trust’s Commercial Real Estate Group provided $2.7 million for the refinancing of a multi-tenant flex comme...

Lincoln Appraisal & Settlement Services attains AMC licenses in Maine and South Carolina

Portland, ME Lincoln Appraisal & Settlement Services has added two Appraisal Management Co. (AMC) license approvals in the states of Mai...

Real Estate Finance Association news and signature event save-the-dates

Boston, MA On March 21, REFA held its first women’s program of the year with speaker Maureen McCaffrey, director, MITIMCo. The program...

Square Mile and JPMorgan Chase originate $75m financing

Quincy, MA Square Mile Capital Management LLC has teamed with JPMorgan Chase to originate $75 million in financing  secured by the Bost...

Cornerstone Realty Capital arranges $8.5m in financing for 36,500 s/f building

Boston, MA Cornerstone Realty Capital arranged $8.5 million in financing for the refinance of a mid-rise office building at 186 South St. ac...

Community Preservation Corp. delivers $25.4 million to refinance a multi-family portfolio

Springfield, MA The Community Preservation Corp. (CPC), a leading nonprofit affordable housing and community revitalization finance company,...

A subsidiary of Griffin Industrial Realty closes $13.8 million loan with Farm Life Insurance Co.

Windsor, CT According to Griffin Industrial Realty, Inc., one of its subsidiaries closed on a construction to permanent mortgage loan w...

BayCoast Bank promotes Mello to first vice president

Swansea, MA BayCoast Bank has promoted Paul Mello to first vice president. A resident of Fairhaven, Mello has been promoted to first vice pr...