Category: Financial Digest
Boylston Properties and J.P. Morgan close on $150m refinance from Northwestern Mutual
July 14, 2023
Watertown, MA Boylston Properties, a Boston-based developer of mixed-use properties, and J.P. Morgan Global Alternatives have closed on a $150 million loan from Northwestern Mutual for 100 Forge, a premier life science building. Located within Arsenal Yards along the Charles River, the nine-story 165,600 s/f class A building
MountainOne participated in four Fourth of July community events
July 14, 2023
North Adams, MA On July 4th, MountainOne, a longstanding financial institution headquartered in the Berkshires, participated in four Fourth of July community events, including the annual parade celebration in Pittsfield.
Gatehouse Capital Partners, Fort Amsterdam Capital, and Crayhill Capital Management provide $85 mill...
July 14, 2023
Boston, MA Gatehouse Capital Partners and Fort Amsterdam Capital, along with Crayhill Capital Management have provided an $85 million condo inventory loan to Fortis Property Group, a vertically-integrated real investment management company with a portfolio valued in excess of $3 billion.
Winchester Savings Bank appoints Salehpour and Cotter to board of trustees
July 14, 2023
Winchester, MA According to John Carroll, president and CEO of Winchester Savings Bank (WSB), they have appointed Sara Perkins Salehpour and Paula Cotter to the board of trustees.
North Easton Savings Bank names Wagner as vice president, senior commercial lender
July 14, 2023
Easton, MA North Easton Savings Bank (NESB) has welcomed industry veteran Jillian Wagner as vice president, senior commercial lender to the bank’s growing team. Wagner brings with her a wide breadth of experience helping local and regional businesses secure financing, with a specialty focus on the deployment of renewable energy projects.
Vales joins Rockland Trust’s Providence commercial lending team
July 14, 2023
Providence, RI Rockland Trust has expanded its Rhode Island commercial lending team with the appointment of Manuel Vales to senior vice president, commercial loan officer. In this role, Vales is responsible for cultivating and nurturing new and existing commercial client relationships.
Washington Trust named Best Place to Work
July 14, 2023
Westerly, RI The Washington Trust Company received the Best Places to Work Award in R.I. by Providence Business News (PBN). The bank was selected as top employer in the Enterprise category, representing companies with 500 or more employees. This is the 13th straight year Washington Trust has been recognized as a top employer.
HarborOne Bank relocates Randolph, MA branch to 19 Warren Street, replacing the current branch locat...
July 14, 2023
Randolph, MA In a move that will increase accessibility and convenience for customers, HarborOne Bank is relocating its local banking center to 19 Warren St., formerly home to Café Bella, replacing the current branch located at 245 North Main St.
MassDevelopment issues $25 million tax-exempt bond on behalf of CIL Realty of Massachusetts, Inc.
July 14, 2023
Boston, MA MassDevelopment has issued a $25 million tax-exempt bond on behalf of CIL Realty of Massachusetts, Inc. (CILRM), a nonprofit real estate developer that is using bond proceeds to buy, construct, and/or renovate 21 community residences in Massachusetts that will provide housing for up to 105 persons
East Cambridge Savings Bank wins New England Financial Marketing Association award
July 14, 2023
Cambridge, MA East Cambridge Savings Bank received the Gold Award for Best Digital Marketing Campaign of 2022 at the New England Financial Marketing Association (NEFMA) 2023 Spring Conference. The bank’s award-winning Debit Card for Teens campaign was an extensive omni-channel marketing
CATIC forms National Agency Division
July 14, 2023
Rocky Hill, CT CATIC has formed its National Agency Division. The division will include Kyle Rank, senior vice president, national accounts manager who joined CATIC in January of this year. Joining Rank will be Christine Huff, vice president, national agency manager,
Welch joins Essex Savings Bank as vice president, senior business banking officer
July 14, 2023
Essex, CT Essex Savings Bank has added Carolyn Welch as vice president, senior business banking officer. “We are pleased that Ms. Welch has joined our expanding business. With over 40 years of experience in banking including over two decades in commercial lending, her experience will be an asset for both
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