Category: Finance

Rockland Trust and Newburyport Bank provide $30.6 million to MINCO Development for the construction of Newburyport Crossing at Three Boston Way

Rockland Trust and Newburyport Bank provide $30.6 million to MINCO Development for the construction ...

May 13, 2022
Newburyport, MA Rockland Trust partners with Newburyport Bank to provide a $30.6 million loan to MINCO Development Corp. for the construction of their energy-efficient Passive Housing residential development, Newburyport Crossing at Three Boston Way.
North Easton Savings Bank promotes Green and St. Andre to assistant vice presidents

North Easton Savings Bank promotes Green and St. Andre to assistant vice presidents

May 13, 2022
Easton, MA North Easton Savings Bank has promoted Jason Green to assistant vice president, commercial loan portfolio manager. In his new role, Green will be responsible for managing a portfolio of existing commercial and private banking relationships
Executive Profile: Lattanzi, managing partner at Semper Partners R.E.

Executive Profile: Lattanzi, managing partner at Semper Partners R.E.

May 13, 2022
www.semperpartnersre.com was set up to help today’s small to mid-sized real estate developer with the crucial steps of finance relationships needed to build his/her projects.
Citizens arranges $193.76 million loan for the development of a 262,468 s/f life science campus

Citizens arranges $193.76 million loan for the development of a 262,468 s/f life science campus

May 13, 2022
Boston, MA Citizens has arranged a $193.76 million construction loan for the development of a new 262,468 s/f life science campus at Parcels O and P in the Raymond L. Flynn Marine Park
M&T Realty Capital Corp. closes $51.579m senior housing loan

M&T Realty Capital Corp. closes $51.579m senior housing loan

May 13, 2022
Hartford, CT M&T Realty Capital Corp. has closed $51.579 million in Fannie Mae Seniors Housing loans for the acquisition financing of a seniors housing portfolio, on behalf of White Oak Healthcare REIT and Everbrook Senior Living.
Middlesex Federal Savings names Barrett as senior vice president and senior loan officer

Middlesex Federal Savings names Barrett as senior vice president and senior loan officer

May 13, 2022
Somerville, MA Middlesex Federal Savings has appointed Leo Barrett, Jr., as senior vice president and senior loan officer. He will replace Peter Bazzinotti, who will be retiring after a transition period.
Bregman of Bregman & Co. joins Essex  Financial as investment advisor representative

Bregman of Bregman & Co. joins Essex Financial as investment advisor representative

May 13, 2022
Essex, CT According to Essex Financial, Owen Bregman, CPA, has joined the firm as an investment advisor representative. He is the managing partner of Bregman & Company P.C. with offices in Stamford and Avon.
Lument launches Boston agency production office

Lument launches Boston agency production office

May 13, 2022
Boston, MA According to Lument, managing director Brian Sykes will head the company’s new office. Sykes will lead a local team responsible for originating agency loans and proprietary capital for institutional
The Village Bank hires Bunnag as branch manager

The Village Bank hires Bunnag as branch manager

May 13, 2022
Newton, MA According to Joseph De Vito, president and CEO of The Village Bank, Mark Bunnag has been hired as assistant vice president/Nonantum branch manager.
Cornerstone Realty Capital arranges $6.3m in financing for four medical office condos

Cornerstone Realty Capital arranges $6.3m in financing for four medical office condos

May 13, 2022
Middlebury, CT Cornerstone Realty Capital arranged $6.3 million in financing for the acquisition of four medical office condos.
East Cambridge Savings donates to humanitarian relief orgs. for Ukraine

East Cambridge Savings donates to humanitarian relief orgs. for Ukraine

May 13, 2022
Cambridge, MA East Cambridge Savings Bank made donations to two organizations providing vital services to people displaced by the ongoing conflict in Ukraine. Doctors Without Borders in the United States and World Central Kitchen
Should commercial real estate  fear rising interest rates? - by Bill Pastuszek

Should commercial real estate fear rising interest rates? - by Bill Pastuszek

May 13, 2022
Maybe housing is in a bubble. Some think so. The Dallas Fed was blunt in its assessment: “U.S. house prices are again becoming unhinged from fundamentals.” But their researchers don’t think it would be a repeat of the Great Recession/Housing Crash of 2008.