Easton, MA North Easton Savings Bank has been recognized in the 16
th Annual
Banker & Tradesman Readers’ Poll with two gold medals – one for Best Community Bank and one for Best HELOC Provider.
In the realm of real estate investing, the 1031 exchange Delaware Statutory Trust can provide savvy real estate investors a unique opportunity to achieve passive management, the potential for regular monthly distributions, and a way to enter one of the most tax efficient real estate investment strategies available today.
Hanover, MA Rockland Trust Company has appointed Joe Wadlinger as senior vice president and commercial regional executive. In this role, Wadlinger will lead the bank’s commercial banking division north of Boston and coordinate overall business efforts across the region.
Boston, MA The Real Estate Finance Association (REFA) has named its Board of Directors for 2024. Ravi Ragnauth, partner, Berkshire Residential Investments, will serve as president, along with president-elect Jill Sharif, VP, national business development, Commonwealth Land Title Insurance Company NCS, and treasurer John Roach, commercial real estate manager, U.S. Bank.
Boxborough, MA Campanelli is further expanding The Park at Beaver Brook. Campanelli has secured a $38.2 million construction loan from Cambridge Savings Bank, a full-service mutual bank with more than $6 billion in assets. The financing package
Worcester, MA JLL Capital Markets has arranged $35 million in financing for The Arbella at Bramble Hill, a to-be-built, 123-unit, active adult seniors community. JLL worked on behalf of the borrower, UW Senior, LLC, through the developer,
strong>Bourne, MA Nonprofit Preservation of Affordable Housing (POAH) has secured more than $12.5 million in financing from Rockland Trust for the construction of Cape View Way, LLC, a 100% affordable housing development. Cape View Way will be designed to Passive
Cambridge, MA According to East Cambridge Savings Bank, Richard Olson, a seasoned banking professional with over two decades of managerial and leadership experience in the financial services industry, has joined the bank as executive vice president,
Waltham, MA The Village Bank has opened its newest office, located at 251 Moody St. The new office is the bank’s 9
th branch location. “The Village Bank has always cherished its relationships with our neighbors in Waltham,” said
Boston, MA KeyBank Real Estate Capital (KBREC) has appointed Jonathan Wood as a senior mortgage banker focused on multifamily lending in the Northeast. Wood is responsible for originating loans for the multifamily sector