Category: Finance

Nahigian appointed vice-chair of chapter activities committee for the Counselors of Real Estate

Nahigian appointed vice-chair of chapter activities committee for the Counselors of Real Estate

April 12, 2024
Newton, MA Rob Nahigian, CRE of Auburndale Realty Co., was appointed as the 2024 national vice-chair of the national activities committee for the Counselors of Real Estate (CRE).
 Housing: Some new solutions - by Daniel Calano

Housing: Some new solutions - by Daniel Calano

April 12, 2024
I am definitely weary of reading, and writing, about the “housing crisis.” Through my and other’s last several articles regarding interest rates, permit delays, materials and labor costs, logistic issues, you have heard it all. As Yogi Berra would say, it is déjà vu, all over again.
Eastern Bank adds DPV Transportation as a commercial banking customer

Eastern Bank adds DPV Transportation as a commercial banking customer

April 12, 2024
Boston, MA According to Eastern Bank, global ground transportation company DPV Transportation, Inc. (DPV) is the bank’s newest commercial banking customer. Headquartered in Everett, Mass., DPV is one of the largest certified minority-owned ground transportation businesses in New England
Worth Avenue Capital, LLC closes $4.2 million commercial loan to home builder and developer in Greenwich, CT

Worth Avenue Capital, LLC closes $4.2 million commercial loan to home builder and developer in Green...

April 12, 2024
Greenwich, CT Worth Avenue Capital, LLC (WAC) has closed a $4.2 million commercial loan to a luxury home builder and developer that specializes in the construction and renovation of existing homes in town. The loan proceeds were used to purchase adjoining properties on Locust St.
Essex Financial’s Furgueson, LaRiviere, Nolan, Tait, and Sullivan named to 2024 Forbes list

Essex Financial’s Furgueson, LaRiviere, Nolan, Tait, and Sullivan named to 2024 Forbes list

April 12, 2024
Essex, CT According to Essex Financial, Tim Furgueson, Michael LaRiviere, Kevin Nolan, Bill Tait, and James Sullivan have been selected to the 2024 Forbes Best-in-State Wealth Advisors list, which honors top performing wealth management and financial planning advisors in each state.
Cornerstone Realty Capital arranges $2.7 million in financing for construction of condominium development

Cornerstone Realty Capital arranges $2.7 million in financing for construction of condominium develo...

March 8, 2024
Boston, MA Cornerstone Realty Capital arranged $2.7 million in financing for the construction of a residential condominium development. The development will feature six condominiums, a mix of three studio units, one one-bedroom unit, one two-bedroom unit, and one three-bedroom unit.
Groblewski and Monahan of Fantini & Gorga arrange $3.3 million in financing on behalf of Skydra Development LLC

Groblewski and Monahan of Fantini & Gorga arrange $3.3 million in financing on behalf of Skydra Deve...

March 8, 2024
Warwick, RI Fantini & Gorga has arranged $3.3 million in financing on behalf of its client, Skydra Development LLC, an affiliate of a leading development and management firm based in Massachusetts. The parcel, located near T.F. Green Airport
The Village Bank awards $5,000 prize to giveaway winner, Lemus - donates half to Waltham Boys and Girls Club

The Village Bank awards $5,000 prize to giveaway winner, Lemus - donates half to Waltham Boys and Gi...

March 8, 2024
Waltham, MA The Village Bank named Edix (Eddie) Lemus Jr. as the winner of its $5,000 giveaway. Lemus was presented with a $2,500 check by president and CEO Joseph De Vito at the Bank’s local office. Lemus also chose to donate $2,500 to the Waltham Boys and Girls Club.
Real Estate Finance Association springs <br>ahead with programming

Real Estate Finance Association springs
ahead with programming

March 8, 2024
Boston, MA The Real Estate Finance Association finished a busy month with their 8th Annual Mentor Program kick-off event on February 28th featuring 60 mentor/mentee pairs. The REFA Mentor Program provides Emerging Leader Members with the opportunity to be
CrowdStreet Inc. secures $11.5 million capital for Rhino <br>Capital Adviors’ advanced manufacturing project

CrowdStreet Inc. secures $11.5 million capital for Rhino
Capital Adviors’ advanced manufacturi...

March 8, 2024
Taunton, MA CrowdStreet, Inc. , an award-winning online real estate investing platform, raised $11.5 million of capital for Rhino Capital Advisors’ development of an advanced manufacturing property.
Cassata joins Rockland Trust as business owner advisory strategist

Cassata joins Rockland Trust as business owner advisory strategist

March 8, 2024
Hanover, MA Rockland Trust’s Investment Management Group (IMG) is expanding its services with the appointment of Michael Cassata as the business owner advisory strategist. In this newly developed role, Cassata provides business owners with the strategic support and guidance
Union Savings Bank board of trustees promotes Piche to executive vice president

Union Savings Bank board of trustees promotes Piche to executive vice president

March 8, 2024
Danbury, CT According to Union Savings Bank (USB), Marlene Piche has been promoted to executive vice president. In her new role, Piche will oversee branch banking, business banking, the call center, as well as treasury and merchant services.