Financial Digest

RBS Citizens makes five year, $1 billion commitment to community development across 12-state footprint

With many U.S. communities still grappling with the impacts of the slowly recovering economy, RBS Citizens Financial Group (RBSCFG) has comm...

Real Estate professional and 3.8% tax on net investment income - Part 2

Part 1 appeared in the September 13th edtition of NEREJ in the Financial Digest section. A taxpayer qualifies as a "real estate professional...

Looking at the Affordable Care Act: Planning for employers

While most of the attention on the Obama administration's health care law has been on providing coverage to tens of millions of uninsured Am...

Holliday Fenoglio Fowler, L.P. arranges $123.6 million construction/permanent loan for 1282 Boylston Street

Holliday Fenoglio Fowler, L.P. (HFF) has arranged a $123.6 million construction/permanent loan for 1282 Boylston St., a to-be-built, 342-uni...

Deluski of BankRI provides $4.5 million in debt financing for The Arcade Providence

BankRI supported The Arcade Providence micro-loft project, by providing $4.5 million in debt financing. The Arcade is the oldest indoor shop...

Blake joins HarborOne Bank as senior vice president, chief marketing officer

According to James Blake, president and CEO of HarborOne Bank, Dave Tryder has joined the bank as the new senior vice president, chief marke...

Cornerstone Realty Capital arranges $8.625 million in two financings

Cornerstone Realty Capital arranged a $7 million loan for its client, 106 Tremont LP, to refinance two multifamily buildings in the city's B...

Essex Savings Bank awarded Silver Level Award for creativity and accomplishment at New England Financial Marketing Association's Awards Gala

According to Gregory Shook, president and CEO of Essex Savings Bank, the bank was awarded a Silver Level Award for creativity and accomplish...

Sidel and Sheehan of EagleBridge Capital place $1.275 million financing for Williamstown Plaza

EagleBridge Capital has arranged construction and permanent mortgage financing in the amount of $1.275 million for Williamstown Plaza. The ...

Phelan and Black of Colliers International secure $37 million in financing for 253 Summer Street

Colliers International's capital markets group has secured $37 million in senior financing for 253 Summer St., an institutional office asset...