Financial Digest

Opportunity Zones – Are they a good 1031 Exchange investment? - by James Miller and Patricia Flowers

Written by James Miller, senior vice president, associate general counsel, Investment Property Exchange Services, Inc. Submitted by Patricia...

Old Republic Exchange Company: 1031 Exchange basics – “Balancing the equities” - by Katherine Pantelakis

When an asset is sold for more than its original cost, there is gain which the IRS will tax at the “capital gains tax rate”. The amount of capital gain is calculated by taking the selling price of the asset minus its “adjusted basis”

Exchanges may be fully tax-deferred or partially tax-deferred and partially taxable - by Robert Charland

Exchanges may be fully tax-deferred or partially tax-deferred and partially taxable. An exchange will be partially taxable if the taxpayer receives net non-like kind property, (boot) in the exchange.

Hew and Rotchford of HFF handle $8.435 million equity financing

Stamford, CT Holliday Fenoglio Fowler, L.P. (HFF) has completed $8.435 million in joint venture equity for the acquisition of The Moderne an...

Groblewski, Hixon and Feif of Fantini & Gorga arrange $10.2 million in financings

Waltham, MA Fantini & Gorga arranged $10.2 million in permanent financing for the two retail properties located at 46 Bedford St. in Lex...

Marcone Capital, Inc. arranges $16.73 million financing for KS Partners - funding provided by Washington Trust

Marlborough, MA Mike Marcone of Marcone Capital, Inc. has arranged the acquisition financing for a 193,622 s/f office building located at 29...

Sidel and Sheehan of EagleBridge Capital place $14 million mortgage for One United Dr., a 315,000 s/f, manufacturing/distribution building

West Bridgewater, MA EagleBridge Capital, working exclusively on behalf of its client, has arranged permanent mortgage financing in the amou...

Cornerstone Realty Capital completes $10.8 million in financings

Lynn, MA Cornerstone Realty Capital has completed two financing deals totaling $10.8 million. Cornerstone arranged $6.4 million for the r...

Worth Avenue Capital places $1.5 million commercial loan

Boston, MA Worth Avenue Capital, LLC (WAC) is pleased to announce that it just successfully closed a $1.5 million commercial loan to a middl...

Why to choose a swap loan over a fixed rate loan - by Tim Weiss and Mairead Anderson

Most banks offer borrowers fixed rate financing in the form of a fixed rate loan or a variable rate loan combined with a fixed rate swap. Two important factors need to be considered by borrowers when deciding which form of the financing to accept.