News: Financial Digest

Keefe joins Westfield Bank as vice president of commercial real estate

According to Westfield Bank president and CEO James Hagan, Dennis Keefe has joined the Westfield Bank team as vice president of commercial real estate. In this position, Keefe will develop and grow the bank’s commercial real estate portfolio and increase commercial loan diversification. He will work in conjunction with the commercial lending staff to finance apartments, office, retail and industrial properties in Mass. and northern Conn. Keefe has over 30 years of real estate and commercial banking experience. He graduated from St. Michael’s College, and later received his MBA from Western New England University. Dennis resides in Wilbraham with his wife Jill, and has two daughters living in Boston.
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Preservation of Affordable Housing secures $23.5 million in financing from Rockland Trust and Citizens Bank

Cambridge, MA The nonprofit Preservation of Affordable Housing (POAH) has secured $23.5 million in financing from Rockland Trust and Citizens Bank to transform a 150-year-old, underutilized church complex into housing. The project will ultimately create 46 affordable family-sized apartments.
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