Financial Digest

Potomac Realty Capital hires 5 loan originators

While the rest of the market is experiencing substantial losses and uncertainty, Potomac Realty Capital, LLC is on the precipice of signific...

Natalizio of Cornerstone Realty arranges $2.8m acquisition financing

Paul Natalizio, principal of Cornerstone Realty Consultants LLC, arranged acquisition financing of $2.8 million for its client Kaluta LLC fo...

Citizens Bank and Bank of America provide STAG $80m for investment fund

Citizens Bank and Bank of America are providing $80 million to STAG Capital Partners to finance the company's acquisition of its fourth real...

Q10|NERR places $10m financing on Pembroke Corporate Park

According to John Sullivan of Q10|New England Realty Resources (Q10|NERR), financing has recently been placed on the Pembroke Corporate Park...

Washington Trust provides $8m for the const. of Mansfield Marketplace

The Washington Trust Company's  commercial real estate group in partnership with its participant, Mansfield Bank, recently provided $8...

Fantini & Gorga handles $11.1 million financing for Plaza 188

Fantini & Gorga arranged $11.1 million in interim financing for Plaza 188, a 71,500 s/f retail center that is anchored by grocer Super 88. T...

Ashworth places $13.6m financing for Middlesex South District Court

Richard Ashworth and June Fish of Ashworth Mortgage Corp. have recently placed both construction and fixed rate permanent financing in the a...

Marcone Capital arranges $10.75 million financing of the University Business Center

Mike Marcone of Marcone Capital, Inc. has arranged the financing of University Business Center, a 66,175 s/f retail/office building located ...

Hegenbart of NorthMarq Capital arranges $20 million for FFMS Lincoln North, LLC

Joseph Hegenbart, managing director of NorthMarq's Boston regional office, arranged mortgage financing of $20 million for Lincoln North, loc...

The Village Bank awards $44,000 in scholarships to Newton/Wayland students

Kenneth Brennan, president and CEO of The Village Bank, has named the recipients of 2008 college scholarships totaling $44,000 awarded recen...