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Financial Digest - September 11th 2015

Clough and Hatzipetrou of Fantini & Gorga arrange $15 million mortgage
Fantini & Gorga recently arranged $15 million in first mortgage financing for two class A properties featuring 125,000 s/f of office and retail space with...

JLL closes $43.5 million sale - secures $31.3 million financing for 174,759 s/f
On behalf of Suffolk University, JLL's Capital Markets experts closed the sale of the Archer and Donahue buildings, located in the city's Beacon Hill neighborhood....

Worth Avenue Capital, LLC closes $85,000 loan
Worth Avenue Capital, LLC (WAC) closed an $85,000 commercial loan for a liquor store in Fairfield County. The loan proceeds were used by the business...

The Cooperative Bank offers remote deposit capture for commercial customers
The Cooperative Bank (TCB), a full-service community bank specializing in commercial real estate and business lending throughout Massachusetts, has made remote deposit capture (RDC) available...

HFF secures $35.23 million financing for two Linear Retail Properties' sites
Holliday Fenoglio Fowler, L.P. (HFF) secured $35.23 million in combined financing for Main Street Marketplace in Waltham and Eaglewood Shops. Working on behalf of the borrower,...

MassHousing provides $1.1 billion for affordable housing in fiscal year 2015
MassHousing provided $1.1 billion for affordable housing and served more than 9,000 families in fiscal year 2015, which ended June 30, 2015. It was the...

Washington Trust provides $6 million for construction of 42 condos units
Washington Trust's Commercial Real Estate Group provided a $6 million line of credit to Main Street Homes-Storrs, LLC for the construction of 42 condominium units. This...

Charron named vice president of commercial banking at HarborOne Bank
HarborOne Bank named Murray Charron as vice president of commercial banking. Working alongside vice presidents Mathew Insana and George Sadler, Murray will bring his deep knowledge...

Margulies Perruzzi Architects completes 2,700 Leader Bank's first Boston branch at 50 Northern Ave. in the Seaport district
Margulies Perruzzi Architects (MPA) completed the design of Leader Bank's first Boston branch, located on the ground level of the waterfront towers located at 50...

The Congress Companies awarded $6.8 million multifamily preservation loan from MassHousing
The Congress Companies' affiliate, Greenfield Acres, LLC, was recently awarded a multifamily preservation loan through a new federal/state partnership program with MassHousing that provides lower...

Busy Fall with REFA: Fall Conference and Annual Gala
On Friday, September 11th, REFA will host their annual Fall Conference at the Westin Waltham, www.westinwalthamboston.com 70 Third Ave., Waltham. This Fall Conference will provide...

Sidel and Sheehan of EagleBridge Capital arrange $15 million financing
EagleBridge Capital has arranged the $20.75 million sale of as well as permanent mortgage financing in the amount of $15 million for the St. Francis...

Cornerstone Realty Capital arranges $3.1 million for 9 units
Cornerstone Realty Capital arranged $3.1 million on behalf of MJ Ventures LLC for the acquisition of an apartment property. The 202-206 H St. property houses...

HarborOne Bank names Sullivan to board of directors
HarborOne Bank named former U.S. Attorney Michael Sullivan as the newest member to its board of directors. Sullivan joins the board following an e political...