Financial Digest

An over 55 rental community developed by Beacon MassHousing closes $2 million loan for 97-unit Ocean Shores apartments

MassHousing recently placed $2 million in permanent loans for the Ocean Shores Apartments, a 97-apartment affordable rental community for re...

Cornerstone Realty Consultants arranges $19 million financing

Cornerstone Realty Consultants arranged a $19 million loan for its client allowing for the acquisition of a 265 unit multifamily portfolio. ...

BayCoast Bank names Palmer branch manager of new Westport location

BayCoast Bank, formerly Citizens~Union Savings Bank, has appointed Gina Palmer to the position of branch manager/assistant treasurer. In thi...

Rome of Capital Access places $19.24 million for Riverbank Lofts

$19.24 million of debt and equity for The Riverbank Lofts has been arranged by Jeffrey Rome, managing member of Capital Access US, LLC. The ...

Worth Avenue Capital secures $650,000 loan

Worth Avenue Capital, LLC of Guilford, Conn. has closed a $650,000 commercial loan to a small business in R.I. The loan was funded by one of...

Wentzel of Fantini & Gorga handles $9.765 million for Kohl's

Fantini & Gorga recently placed $9.765 million in first mortgage financing for an 88,400 s/f retail property leased to Kohl's Department Sto...

Appraisers in Vt. well into the cycle of commercial activity

Appraisers in Vermont are well into the annual cycle of commercial activity, which heats up each year as the snow melts and borrowing for pu...

Emerging positive trends and New England real estate

Headline reports of global turmoil are unsettling and concerning to those with long-term strategic views of real estate investing, particula...

The developer's dilemma: Know when to hold them...

The catchy and the upbeat Kenny Roger's lyric "you've got to know when to hold 'em, know when to fold 'em" belies the extreme angst behind t...

Boston chapter of the Counselors of Real Estate hosts luncheon

Thursday, May 31st the Boston chapter of the Counselors of Real Estate held a luncheon at the Algonquin Club in Boston. Featured speaker was...