Dedham, MA Richard Ashworth, age 76, of Dedham, formerly of Needham and Newton, passed away on Sunday, September 27. Richard was with Ashworth Mortgage, a long time New England Real Estate Journal advertiser and financier of commercial real estate.
Manchester, NH Cornerstone Realty Capital arranged $13.6 million in financing for the refinance of a portfolio of multifamily and mixed-use properties located throughout the city. The portfolio, compromising 242 units spread across 10 buildings, has a mix of 47 studio units, 85 one-bedroom units,
Waterford, CT Washington Trust’s Commercial Real Estate Group has provided $21 million to Readco Capital Advisors, LLC for the acquisition and re-development of the former Toys R Us building located on Dayton Rd. Readco Capital Advisors arranged a 15-year lease with Hartford Healthcare
Stoneham, MA Rockport Mortgage Corp. completed the closing of an FHA Section 223(f) refinancing loan totaling $32.8 million for Mountain View Terrace Apartments. The 194-unit property consists of one and two-bedroom apartments for elderly residents and smaller families, as well as three
Scituate, MA Sidney Spiegel of Spiegel Associates has arranged a $30 million acquisition and construction loan for Stockbridge Landing on Stockbridge Rd. The loan was funded by a regional bank
Brookline, MA MassHousing has provided $25 million in financing to the Brookline Housing Authority (BHA) to provide significant improvements to the 99-unit Morse Apartments and extend the affordability for lower-income senior citizens living there for at least 75 years
Rumford, RI EagleBridge Capital, has arranged permanent mortgage financing totaling of $2.55 million for apartment buildings located in Rumford, and Washington D.C. The Rhode Island mortgage financing was arranged by EagleBridge principal Ted Sidel
Boston, MA MassDevelopment has issued a $77.255 million tax-exempt bond on behalf of Simmons University, which will use proceeds to renovate and convert LeFavour Hall and a portion of the Main College Building into a new science center. The updated facility, expected to be complete
Boston, MA Fantini & Gorga completed the debt placement of $2.65 million for the refinancing of a Walgreens in Amarillo, TX. Casimir Groblewski, senior managing director and Ryan Maddaluna, analyst, placed the financing on behalf of their client, a team of California-based investors who manage
Raynham, MA According to Peter Dello Russo, CEO, together with Meg McIsaac, president, Bridgewater Savings Bank and Mansfield Bank have join together, effective October 1
st. The two well-established community banks with a long history of service in southeastern Massachusetts joined together
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