Financial Digest

Benedict of Holliday Fenoglio Fowler arranges $40.5m sale of 125,521 s/f prop.

The Boston office of Holliday Fenoglio Fowler, L.P. (HFF) has closed the sale of 75 Pleasant St., a 125,521 s/f, class A office building lea...

Ashworth Mortgage Corp. secures $14.7m financing on behalf of Equity Industrial

Ashworth Mortgage Corp. has secured $14.7 million in first mortgage financing on behalf of its client Equity Industrial Partners. The collat...

Broderick of Colliers Meredith & Grew arranges $8.5 million financing

Colliers Meredith & Grew's capital markets group has arranged a $8.5 million refinancing for a four-building, 173,917 s/f portfolio of offic...

Fess joins Brookline Bank as VP in the commercial R.E. lending group; and also opens branches in burlington and wellesley

Darryl Fess has joined Brookline Bank's commercial real estate lending group as vice president. Fess, a 20 plus-year banking veteran with ov...

Cornerstone Realty Consultants arranges $3.6m for QK Realty Trust

Cornerstone Realty Consultants arranged a $3.6 million loan for its client QK Realty Trust allowing for the refinance of existing debt encum...

Q&A with June Fish of Ashworth Mortgage Corp.

I recently secured a Term Sheet wherein it stated that the property that I am financing must achieve a stated debt yield. What is a debt yie...

REFA holds breakfast meeting on June 2nd

The Real Estate Finance Association held a breakfast meeting on June 2nd at the law offices of Wilmer Cutler Pickering Hale & Dorr at 60 Sta...

Emerald Creek Capital provides $1.35 million for 50,000 s/f property

Emerald Creek Capital provided $1.35 million dollars to assist a buyer acquiring a property at a foreclosure auction. Closing in nine days t...

Lucas of Love Funding closes $7.2m refinancing for Emerald Park Center

Love Funding recently closed a $7.2 million refinance loan for Emerald Park Retirement Center, an assisted living facility located in Hollyw...

Bristol County Savings Bank holds annual meeting - MacCormack named to board of directors

According to Dennis Cody, chairman of the board of Bristol County Savings Bank (BCSB), at the bank's Annual Meeting, fiscal year 2009 was an...