Category: Financial Digest
Rockland Trust secures $5.1 million financing for
Boston Pinnacle Properties
April 12, 2024
Boston, MA Boston Pinnacle Properties secures $5.1 million in financing from Rockland Trust for a 145-year-old building on Franklin St. as part of the city’s Downtown Residential Conversion Incentive Program. This will be the first project to secure funding since the Boston Planning and Development
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
North Easton Savings Bank names Samaras as business banking officer
March 8, 2024
Easton, MA North Easton Savings Bank has promoted Thomas Samaras Jr. to business banking officer. Samaras brings years of banking and relationship experience to the growing team of business bankers.
Northmarq arranges $10.6m in
refinancings for two properties
March 8, 2024
Waterbury, CT Robert Ranieri, senior vice president/managing director of Northmarq’s Greater White Plains regional office arranged financing for two multifamily properties. The two properties, Scott Gardens Apartments and P.R. Scott Apartments, received refinancing totaling a combined $10.6 million.
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.
Berkson joins Savings Bank of Danbury as assistant vice president/community development manager
March 8, 2024
Danbury, CT According to Savings Bank of Danbury, Brian Berkson joined the bank as assistant vice president/community development manager. In his new role he will be responsible for maintaining, strengthening and onboarding relationships in the community.
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.
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
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
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.
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.
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