Category: Finance

Boston, MA Eastern Bank welcomes Joseph Rodolfy as a senior vice president, commercial real estate relationship manager. Rodolfy brings over 13 years of banking experience with a focus on commercial real estate and credit analysis.

Wilmington, MA JLL Capital Markets secured $92 million in financing for Fordham Park Robotic and Logistics Campus, a three-building robotics, R&D and distribution park.

The Connecticut hospitality market has demonstrated uneven recovery patterns between 2019 and 2025, with boutique and historic properties achieving $125 RevPAR in 2025, up 8.7% from the 2019 level. Coastal resort properties achieved a $105 RevPAR in 2025, representing 10.5% growth since 2019.

Last month, I wrote about the basic factors that kept interest rates high, and thus building or buying houses, as well as commercial projects, difficult to pursue. Factors included the Fed, bank, fears of inflation, wars, etc. It is complicated. Give it a read.

Amidst the recent interest rate volatility, Matthew Fazio and Michael Roper, managing directors with Kensington Capital Advisors, provided an introduction to interest rate hedging and derivative products on June 3rd. The webinar discussed the current underlying economic conditions that are creating the recent interest rate volatility and reviewed the derivative products available to actively manage that interest rate risk.

Woonsocket, RI Leading financial services provider Merchants Capital secured $56.5 million in debt and tax credit equity financing for the acquisition of Rock Ridge Apartments, a 152-unit multifamily housing development developed by The BLVD Group (BLVD).

Windsor Locks, CT A major milestone has been reached in the effort to revitalize downtown. Trinity Financial has secured $1.46 million in 9% Low-Income Housing Tax Credits (LIHTC) from the Connecticut Housing Finance Authority (CHFA) to fund the first phase of a transformative transit-oriented

Warwick, RI Rhode Island Golf Entertainment LLC has expanded its X-Golf business with a second location at 1350 Bald Hill Rd. within the Warwick Center Plaza. The development was facilitated with the aid of a $795,000 U.S. Small Business Administration (SBA) 7(a) loan

Boston, MA JLL’s Capital Markets group has arranged a $650 million refinancing for One Congress, a recently delivered, trophy office building totaling 1.008 million s/f.

North Adams, MA MountainOne has promoted six employees to officer roles. The promotions include the following: • Heather Row, vice president, commercial portfolio manager -  Row’s extensive knowledge of underwriting, particularly in commercial and industrial exposures, has been essential to managing risk and expanding the bank’s portfolio.

Brockton, MA Rockland Trust has appointed Thomas Stapleton as senior vice president and director of foreign exchange & international services. Stapleton will manage the bank’s activities related to international currency transactions including managing foreign exchange risk, executing trades, cross border

Guilford, CT GSB (Guilford Savings Bank) has promoted Kyle Eagleson as president and CEO. This follows the planned succession from Timothy Geelan, who retired as CEO on April 1st.