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Cambridge Savings Bank Deepens Relationship with First Boston Construction Holdings, LLC

Cambridge Savings Bank Deepens Relationship with First Boston Construction Holdings, LLC
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United statesBorough of bedfordUnited kingdomBrian anneseDavid grossmanFirst boston construction holdingsSenior corporate banking loan officercambridge savings bankCambridge savings bankGrossman companiesCambridge savings bank deepens relationshipSavings bank deepens relationshipSavings bankNew englandFirst boston constructionFirst vice presidentCorporate banking lending

Cambridge Savings Bank Increases C&I Revolving LOC to $60MM for First Boston Construction

Cambridge Savings Bank Increases C&I Revolving LOC to $60MM for First Boston Construction
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United statesUnited kingdomBrian anneseDavid grossmanGrossman companiesCambridge savings bankFirst boston construction holdingsNew england

The owners of a Pittsfield cannabis business bought the development rights to Woodmonte Estates at auction The bank retained a second property, The Pines at Bousquet

Two foreclosure auctions took place at two Pittsfield residential development on Wednesday, but only one of those properties now has new a owner with access to the future development rights.

United statesBerkshire community collegeJonathan girardJeffery zocchiDavid wardLd associates of lenoxFirst boston construction holdingsWoodmonte estatesBousquet mountainFirst boston capitalWest streetBerkshire communityEastbrook laneNorthbrook laneBoston capitalDan fox drive

After loan default, development rights up for auction at two high-end Pittsfield locations

Companies run by Lenox developer David Ward have defaulted on mortgages for two Pittsfield residential housing developments, Woodmonte Estates and The Pines at Bosquet Mountain. Development rights for each property

United statesCranwell resortBerkshire countyBerkshire community collegeJames maxymillianLenox commonsDavid wardTold pinesGolf clubWoodmont estatesFirst boston construction holdingsLd associates of lenoxDepartment of environmental protectionMountainone bankBousquet mountainDan fox drive

BlackRock Capital Investment Corporation Reports Financial Results for the Quarter Ended December 31, 2020, Declares Quarterly Cash Distribution of $0 10 per Share

BlackRock Capital Investment Corporation Reports Financial Results for the Quarter Ended December 31, 2020, Declares Quarterly Cash Distribution of $0.10 per Share By Staff 1 month ago GAAP Net Investment Income (“NII”) of $0.10 per share, or $7.3 million, provided fourth quarter distribution coverage of 101%. Net Asset Value (“NAV”) increased to $315.0 million, up 2.8% from $306.6 million; NAV per share decreased 0.2% to $4.23 per share from $4.24 per share, primarily due to an increase in total shares outstanding. Transformational progress towards reducing junior capital and non-core exposure, successfully exiting $171 million of these investments during the fourth quarter and subsequent period. As a result, non-core holdings represent just 9% 1 of the total portfolio at fair value as of February 23, 2021.

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