NorthEast Community Bank closes on $3.455 million in loans

NorthEast Community Bank (NECB) has recent closed $3.455 million in loans consisting of the following transactions: Almar Realty, LLC arranged the following transaction: *$975,000 in purchase money for a mortgage secured by a three-story apartment building in Malden, Mass. 1st New England Mortgage arranged the following transaction: *The refinance of a $1.125 million mortgage secured by a six-story apartment building located in Boston. NECB completed transactions consisting of the refinance of a three-story apartment building, located in Leominster, Mass. for $170,000 as well as a refinance of a mixed-use building located in Springfield, Mass. for $575,000. In addition, NECB offered financing for the refinance of a four-story apartment building located in Holyoke, Mass. for $610,000.