Finance & Capital Markets
Spencer promotes 30-year company veteran to senior vice president, home finance director
Spencer Savings Bank has announced the promotion of a lending executive with some three decades with the company and five decades in the industry.
Procida’s 100 Mile Fund achieves 2022 net income of $11.6 million, 9.5 percent return
The long-running 100 Mile Fund managed by Procida Funding LLC achieved net income in 2022 of $11.6 million, the firm announced, representing a net return to investors of 9.5 percent.
JLL: Levin Properties refis ShopRite-anchored center in Woodbridge for $43 million
The owner of a ShopRite-anchored retail center in Woodbridge has refinanced the property for more than $43 million, according to a debt placement team with JLL.
Kennedy Funding closes $3.7 million land loan to developer in Peru’s eighth-largest city
Kennedy Funding has closed a land loan that will help a developer advance a mixed-use project in northwestern Peru, the Englewood-based direct private lender announced.
STRO lands $13.5 million loan to refi 78,000 sq. ft. Fairfield industrial building
The STRO Cos. has refinanced a 78,000-square-foot industrial building in Fairfield with a $13.5 million loan from City National Bank, the Ridgewood-based firm said Monday.
