Financial Digest

Fantini & Gorga arranges $1.325 million first mortgage loan for the acquisition of a Family Dollar store

West Warwick, RI Fantini & Gorga arranged a $1.325 million first mortgage loan for the acquisition of a Family Dollar store. Fantini & Gorga placed the financing on behalf of a long-standing client

The Real Estate Finance Association update: Continuing to create programming for members

Boston, MA The Real Estate Finance Association (REFA) continues to create programming for its members throughout the summer. On Tuesday, July 14th, REFA hosted its 5th Webinar since March: What’s Driving Demand In Greater Boston’s Unique Industrial Market?

Coulombe and Feig of Fantini & Gorga arrange $1.8 million financing for Good Harbor Beach Condominiums

Gloucester, MA Fantini & Gorga has announced the placement of $1.8 million financing of a new, single-floor living condo complex featuring six units – many with ocean views, called Good Harbor Beach Condominiums.

JLL secures $66 million for acquisition of a 531,916 s/f office campus - loan placed through Brookline Bank

Marlborough, MA JLL Capital Markets has arranged $66 million debt and equity financing for The Campus at Marlborough, a premier, four-building office campus totaling 531,916 s/f.

Lipson of Berkadia secures $21 million financing for Beacon Fairbanks and Kilsyth Manor Apartments

Boston, MA Berkadia has completed $21 million in combined financing secured for Beacon Fairbanks and Kilsyth Manor Apartments, two garden-style multifamily properties in the city. Managing director Robert Lipson

Marcone Capital arranges $18.375 million financing of Forbes Business Center - two office buildings totaling 131,132 s/f

Braintree, MA Mike Marcone of Marcone Capital, Inc. has arranged the $18.375 million financing of Forbes Business Center, which consists of two office buildings totaling 131,132 s/f at 220 and 222 Forbes Rd.

CIT provides $35.9m loan for Fields Grade Development and Alpine Residential joint venture

Stamford, CT According to CIT Group Inc., its real estate finance business provided a $35.9 million senior secured loan for construction of a new 183-unit apartment building.

Rockport Mortgage handles $36.4 million FHA Section 223(f) refinancing loan for Borden Place

Fall River, MA Rockport Mortgage Corp. completed the closing of a $36.4 million FHA Section 223(f) refinancing loan for Borden Place Apartments, 261 units of age-restricted housing, located downtown.

Bridgewater Savings Bank presents 14 local students with scholarships

Raynham, MA Peter Dello Russo, president and chief executive officer of Bridgewater Savings, has named the recipients of 14 academic scholarships totaling $21,000 awarded recently to local students.

The Real Estate Finance Association update: Commitment to diversity, equity and inclusion

Boston, MA This month, REFA double down on its commitment to Diversity, Equity and Inclusion. In 2018, REFA developed a DEI Policy, which was adopted by all of the divisions of the Greater Boston Real Estate Board.