Financial Digest

Cornerstone Realty handles $19m financing for Mount Vernon Co.

Cornerstone Realty Consultants has arranged $19 million in construction financing for the development of a 79 unit apartment building in the...

Killion of M&T Realty Capital Corp. closes $8.24 million loan

Mike Killion, vice president, M&T Realty Capital Corporation has reported the closing of an $8.24 million apartment loan. The property is a ...

O'Donnell and Whelan of Fantini & Gorga place $10 million financing for College House

Fantini & Gorga has arranged a $10 million in permanent financing on College House, a retail and office property located at 1430 Massachuset...

Suglia and Smith join Salem Five Bank as vice presidents

According to Salem Five Bank president and CEO Joseph Gibbons, Bill Suglia has been appointed to the position of senior vice president and c...

Rockland Trust places $27 million financing for purchase of 801 Boylston Street

Rockland Trust recently financed the $27 million purchase of 801 Boylston St. property. The buyer, Frazer Boylston Holdings, LP owns several...

Marcone of Marcone Capital, Inc. arranges $10.75 million financing

Mike Marcone of Marcone Capital, Inc. has arranged $10.75 million financing of a 57,750 s/f NLA office building located at 285 Summer St. Th...

REFA holds Fall Conference September 7th

Friday morning on September 7th, the Real Estate Finance Association of the Greater Boston Real Estate Board held it's annual Fall Conferenc...

The Real Estate Finance Association honors Fallon, CEO of Fallon Cos. at Annual Gala

On Thursday, October 11th, The Real Estate Finance Association (REFA) will honor Joe Fallon, CEO and founder of the Fallon Co., with the Rob...

Ashworth Mortgage Corp. partners with Estreich & Company, Inc.

Ashworth Mortgage Corp. has established a partnership with Estreich & Company, Inc., one of the largest financiers of commercial property in...

Playing our part in curing the mortgage debt hangover

The commercial real estate lending binge that hit its peak in 2005-2007 has left lenders with an extended hangover. Investors paid peak pric...