Financial Digest

Foreclosure property: Protecting your interests

According to the Boston Globe of January 11th, more Massachusetts borrowers lost their homes to foreclosure in 2010 than in 2009. Foreclosur...

Spiegel of NE Moves Mortgage arranges $1.281 million permanent loan

Sidney Spiegel, vice president of NE Moves Mortgage, commercial division, arranged a $1.281 million permanent loan for Rochester 31 LLC. The...

Wainwright Bank receives $32 million in New Markets Tax Credits

Wainwright Bank captured a $32 million New Markets Tax Credit (NMTC) allocation from the U.S. Department of the Treasury that it will use to...

Hegenbart of NorthMarq arranges $2.5 million financing for Faxon Heirs

Joseph Hegenbart, managing director, at NorthMarq's Boston regional office, arranged mortgage financing of $2.5 million for 495 Southern Art...

Mutual Bank has named Veneto as branch manager of its Brockton West Banking Center

According to Glen White, CEO, Mutual Bank has named Jeanna Veneto as branch manager of its Brockton West Banking Center. Veneto joined Mutua...

O'Donnell and Coulombe of Fantini & Gorga place $26 million financing

Fantini & Gorga has placed $26 million financing for the historic redevelopment of the Abbot Mill, into 130 apartments with underground park...

Breda of Goedecke secures $14 million financing for two properties

Goedecke & Co., LLC recently secured $14 million interim, non-recourse financing for 1375 Kings Highway and 777 Commerce Dr. They are adjace...

Brookline Bank appoints Ouellette new group head of commercial real estate lending

Daniel Ouellette has joined Brookline Bank to head its commercial real estate group. A 30 year veteran of New England commercial real estat...

LaBine and Krolman of Holliday Fenoglio Fowler secure $18.2 million financing for 103,000 s/f property

Holliday Fenoglio Fowler, L.P. (HFF) has secured $18.2 million in financing for the redevelopment of 113 Hartwell Ave., a vacant 103,000 s/f...

Eric Nelson 2011

Name: Eric Nelson Title: President, Real Estate Finance Association Company: Winstanley Enterprises Location: 150 Baker Ave., Ext., Ste. 303...