Financial Digest

Giroux, longest tenured member of the MBREA and a member of the Appraisal Hall of Fame, passes away

Boston, MA The MBREA is saddened to note the death of Paul A. Giroux, MRA, at the age of 94, on October 11. He is the longest tenured member...

Grand Coast Capital Group hires Joyce and Raleigh

Boston, MA According to Grand Coast Capital Group, Bryan Joyce and Christopher Raleigh have joined the team in commercial lending. As senior...

MassHousing closes $22.5m in financing to Beacon Communities

Worcester, MA MassHousing has closed on $22.5 million in financing to Beacon Communities LLC for the purchase, rehabilitation and preservati...

MassDevelopment receives $8 million in U.S. Department of Education grants

Boston, MA MassDevelopment has received $8 million in U.S. Department of Education grant funds to help charter schools obtain facilities und...

East Cambridge Savings Bank’s Nogueira named president of Federal Reserve Community Depository Institutions Advisory Council

Cambridge, MA East Cambridge Savings Bank president and chief executive officer Gilda Nogueira has been named president of the Federal Reser...

Real Estate Finance Association year-end programming and events

Boston, MA On Monday, November 6, REFA held a Market Outlook program hosted at PwC. Paul Nasser, COO and CFO, Intercontinental Real Estate C...

Sidel and Sheehan of EagleBridge Capital place $9 million financing

Boston, MA EagleBridge Capital, working exclusively on behalf of its client, has arranged permanent mortgage financing in the amount of $9 m...

Groblewski and Feig of Fantini & Gorga place $2.525 million in financing

Lowell, MA Fantini & Gorga arranged $2.525 in permanent financing for Sutton Place, a 60-unit multifamily property. Casimir Groblewski, ...

Sullivan of Cushman & Wakefield represents MG2 Group in $38 million financing

Worcester, MA Cushman & Wakefield’s Boston Capital Markets team has represented MG2 Group in placing a $38 million ...

HFF arranges $32.6 million acquisition financing for The Davis Companies

Cambridge, MA Holliday Fenoglio Fowler, L.P. (HFF) has completed the acquisition financing for 625 Mount Auburn St., a 137,421 s/f, three-st...