Financial Digest

MassHousing closes $1 million loan for Forest Park Apartments - 109 new units

MassHousing has closed a $1 million loan for the Forest Park Apartments, which have revived a vacant, crime-plagued property with 109 new ap...

Estimating deposit risk in a tax deferred exchange

Imagine setting up a like-kind exchange, and later having the qualified intermediary go out of business, steal the funds, or invest the fund...

Marcone of Marcone Capital arranges $8.6 million financing for two properties for Shahbazi

Mike Marcone of Marcone Capital, Inc. has arranged the financing of two office buildings owned by Kambiz Shahbazi including a $5.84 million ...

Eastern Insurance Group appoints Brockway as senior vice president

Eastern Insurance Group LLC has appointed Peter Brockway, ARM, CIC, as senior vice president. Brockway, who will work as a sales executive ...

Morse re-elected to board of directors at Mutual Bank

William Morse, president and chief operating officer of Mutual Bank, has been re-elected to a three-year term on the board of directors of t...

Title insurance and real estate's renewable energy sector

As a quick primer, there are basically two forms of title insurance policies which are owner policies and loan policies. An owner's title in...

FinanceBoston arranges $14 million construction loan for Hilton Garden

FinanceBoston has arranged a $14 million construction loan for a 118 room Hilton Garden Inn. The loan was placed with two local financial in...

Cushman & Wakefield Sonnenblick Goldman advises Benenson Capital Partners in $38 million senior loan

Cushman & Wakefield Sonnenblick Goldman, serving as the exclusive advisor to an affiliate of Benenson Capital Partners, has arranged a $38 m...

Holliday Fenoglio Fowler arranges $35 million for 50 and 60 Sylvan Road

Holliday Fenoglio Fowler, L.P. (HFF) has arranged a $35 million refinancing for 50 and 60 Sylvan Rd., two office/R&D buildings totaling 200,...

Boston Private Bank & Trust signs 2,530 s/f lease for new branch

Boston Private Bank & Trust has signed a lease for a retail bank location at 1295A Beacon St. (Coolidge Corner). The 2,530 s/f space was for...