Financial Digest

Essex Savings Bank reports solid earnings and 5.9% capital increase

Essex Savings Bank held its semi-annual trustees meeting January 26th at the bank's Plains Rd. office. Bank chairman Nicholas Clements welco...

NorthEast Community Bank's year end total loan originations total over $130 million

NorthEast Community Bank (NECB) had a year end total of loan originations of over $130 million throughout the states of N.Y., N.J., Conn., P...

Meridian Capital arranged $5.437 million loan for Boulevard Sq. Apartments

Meridian Capital Group recently arranged a loan in the amount of $5.437 million for the purchase of an 80 unit apartment building called Bou...

O'Donnell and Eddy of Fantini & Gorga place $4.4 million financing

Fantini & Gorga arranged $4.4 million in permanent financing for a recently completed Walgreens. The 14,550 s/f free standing drugstore sits...

Ranieri of NorthMarq arranges $6.5 million for Montcalm Heights Apts.

Robert Ranieri, senior vice president and managing director of NorthMarq Capital, LLC's Greater Westchester, NY/CT regional office, arranged...

Cambridge Realty processes 22 loans totaling $347.3m in Nov.

The general slowdown in the number of loan origination requests processed by Cambridge Realty Capital Companies continued into November, but...

Economic plans for 2009 - Creating GBBBRTC2

December's Top Headlines... *Buy Coal! Santa Set to Corner the Market *Frosty the Hedge Fund is Melting - 40% Redemptions by 1Q '09 *To Avo...

Northeast Community Credit Union and Haverhill Bank complete merger

The merger of Northeast Community Credit Union (NCCU) and Haverhill Bank was closed on December 16th. Upon the signing, the credit union imm...

Rockport Mortgage Corp. provides $2.55m for Donna Kay Rest Home

Michael Byrnes of Rockport Mortgage Corporation announced that the firm has provided a $2.55 million HUD 232 loan to finance the acquisition...

Russo and Norcross join the radius financial group

According to the radius financial group, Kathleen Russo has joined the team as loan coordinator. Russo is from Kingston, Mass. and formerly ...