Financial Digest

Fantini & Gorga places $9.292 million for Woburn Rehabilitation and Nursing Center

Woburn, MA Fantini & Gorga has placed $9.292 million in permanent financing for Woburn Rehabilitation and Nursing Center, a 140-bed skilled nursing facility.

Rockland Trust leads $57m financing for Madison Properties for the mixed-use development in Polar Park

Worcester, MA Rockland Trust is leading a $57 million financing package to Madison Properties LLC for the mixed-use development in the Polar Park neighborhood, SOMA. The financing, which was arranged by Thomas Welch, executive vice president

Jain joins HUNT Mortgage as chief operating officer

Whitinsville, MA HUNT Mortgage Corp. has hired Bindiya Jain as chief operating officer for the company. Jain has over 20 years of extensive experience in the mortgage and banking industry

Rooney promoted to principal at FinanceBoston

Boston, MA Brian Rooney, senior associate at the commercial real estate capital advisory firm FinanceBoston, has been promoted to principal at the growing company.

Real Estate Finance Association to welcome Grant as keynote speaker for Forecasting Program

On January 12th, REFA hosted its first webinar of the year on “Uncertainty in Construction: The Impact on Real Estate Development.” Tod McGrath, VP, finance, Boston Properties moderated a conversation with Teri Ford,

Cornerstone Realty Capital arranges $9 million for the refinance of a 23-unit apartment building

Boston, MA Cornerstone Realty Capital arranged $9 million for the refinance of a 23-unit apartment building located at 1 Newcomb St. This property consists of a newly constructed six-story apartment building.

Drew Co. receives $27.6 million in financing from Rockland Trust

Scituate, MA The Drew Company, a Boston-based, privately held, real estate development and management company, closed with Rockland Trust Bank on a $27.6 million construction loan for the residential real estate project, SkySail at Driftway.

Berkadia secures $64.15 million financing for five-property portfolio - on behalf of the borrower, Massachusetts-based Chestnut Hill Realty

Brookline, MA Berkadia secured financing for Brookline Cambridge Portfolio, a five-property multifamily portfolio. Managing director Robert Lipson of Berkadia Shrewsbury secured the $64.15 million in refinancing through Freddie Mac

Fantini & Gorga places $7.779m financing

Pepperell, MA Fantini & Gorga has placed a $7.779 million permanent financing for Rolling Meadows Apartments, a 75-unit townhouse apartment property.

Malka and Gauptman of Dwight Capital finances $29 million bridge loan - a 121-unit luxury apartment community

Mystic, CT Dwight Capital has closed a $29 million bridge refinance for Harbor Heights Apartments, a 121-unit luxury apartment community.