Financial Digest

Ranieri Real Estate acquires Deutsche Bank Berkshire Mortgage

Ranieri Real Estate Partners LP (RREP), a real estate financial services company, and private equity funds affiliated with WL Ross & Co. LLC...

Wentzel of Fantini & Gorga places $4.352 million financing for Walgreens

Fantini & Gorga has placed $4.352 million in first mortgage financing for a new 16,340 s/f retail property leased to Walgreens (15,040 s/f) ...

Lucas of Love Funding closes $4.01 million loan refinancing for Compass on the Bay

Love Funding closes a $4.01 million loan refinancing for Compass on the Bay, an assisting living facility. Love Funding senior director Leo...

Plimoth Investment promotes Oliveira to president and chief executive officer

Plimoth Investment Advisors has promoted George Oliveira to the position of president and chief executive officer. The firm is joint-owned b...

Breda and Adams of Goedecke & Co. arrange $14.25 million financing

The Westport office of Goedecke & Co., LLC has arranged $14.25 million in financing for the refinance of 372 Danbury Rd., a 92,000 s/f offic...

Gomberg Financial Services arranged $2.915 million financing using Fannie-Mae's Small Loan Program

Gomberg Financial Services has arranged financing using Fannie-Mae's Small Loan Program for the purchase of a 53 unit apartment complex loca...

Marcone Capital, Inc. arranges $4.8 million financing of 35,2000 s/f property at 30 Reservoir Park Dr.

Mike Marcone of Marcone Capital, Inc. has arranged $4.8 million financing of a single story office building comprising 35,200 s/f located at...

Cornerstone Realty Consultants arranges $11.4 million financing

Cornerstone Realty Consultants arranged a $6.6 million loan for its client, The Copley Group, allowing for the acquisition of 225-227 Newbur...

Cebula promoted to commercial loan officer at Westfield Bank - focus on small business

According to Westfield Bank president and CEO James Hagan, Thomas Cebula has been promoted to commercial loan officer. Cebula has 15 years ...

Real Estate Finance Association recent events

As the weather turned warmer and spring edged closer and closer, the Real Estate Finance Association Luncheon Committee held its annual mort...