by Banker & Tradesman | May 2, 2024
The process of buying a house may seem foreign to someone who is doing it for the first time. Without knowing all the mortgage lingo or documents, it can feel scary signing your name to something. That’s why Webster First has tried to break down the process in a simple way that first time buyers can understand.
by Steve Adams | May 2, 2024
A development group led by Related Beal completed its financing for development of a Vertex Pharmaceutical-leased research center that’s ramping up construction in South Boston’s Raymond L. Flynn Marine Park.
by Cassidy Norton | May 2, 2024
As expected, the Federal Reserve did not reduce the benchmark lending rate at its meeting yesterday, maintaining the rate at a 23-year high.
by Steve Adams | May 2, 2024
A Back Bay office-retail building anchored by an investor center for Fidelity Investments was acquired by a Spanish real estate investment firm for a 27-percent discount from its previous sale in 2013.
by Banker & Tradesman | May 2, 2024
As more communities in eastern Massachusetts show a willingness to defy the state’s new multifamily zoning law, Gov. Maura Healey on Tuesday tried to draft business executives into her efforts to shore up support for measures meant to spur badly-needed housing production.
by Banker & Tradesman | May 2, 2024
Boston-based Berkshire Bank has filed a notice with the Connecticut Department of Banking to close three of its branches in the Nutmeg State.
by Banker & Tradesman | May 1, 2024
JLL Capital Markets has arranged capitalization for a new, 440-unit development to be built on the shore of Lake Quannapowitt in Wakefield.
by Banker & Tradesman | May 1, 2024
After three straight hotter-than-expected inflation reports, Federal Reserve officials have turned more cautious about the prospect of interest rate cuts this year.
by Steve Adams | May 1, 2024
Wakefield joined Marshfield and Milton in the suburban resistance to the MBTA Communities housing production law, rejecting three proposals to rezone an area near transit for multifamily development.
by Steve Adams | May 1, 2024
Boston Properties has started construction of the tallest building in Cambridge history, the 121 Broadway residential tower slated for completion in 2027.
by Banker & Tradesman | May 1, 2024
The U.S. Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug, a historic shift to generations of American drug policy that could have wide ripple effects across the country.
by Banker & Tradesman | May 1, 2024
After a state judge ruled this month that Massachusetts law governing municipal home equity takings “requires Legislative correction,” a state senator who has filed a related bill for years said Monday that he was ready to start demanding roll call votes on his proposal.
by James Sanna | Apr 30, 2024
A group of Rockport residents claim that the way their town is coming up with zoning to comply with the state MBTA Communities law is violating their civil rights.
by Steve Adams | Apr 30, 2024
A mainstay of Davis Square’s dining scene is relocating to Assembly Row after leasing 6,000 square feet for a takeout market, cafe and dining room.
by Steve Adams | Apr 30, 2024
A biotech company that’s received over $400 million from investors for its artificial intelligence-based research opens a new headquarters in Cambridge this week in a relocation from New York City.
by James Sanna | Apr 30, 2024
Luxury brokerage Douglas Elliman has become the latest brokerage to join in the National Association of Realtors’ commission lawsuit settlement.
by State House News Service | Apr 30, 2024
The product will make $20 million in loans available over the next two years to help homeowners cover the costs of things like heat pumps, electric vehicle charging stations, weatherization, and more.
by Steve Adams | Apr 29, 2024
The developer of a delayed West Roxbury apartment complex claims that its general contractor engaged in “rampant misconduct” by withholding over $2.2 million in payments to subcontractors.
by Banker & Tradesman | Apr 29, 2024
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s The Personnel File.
by Steve Adams | Apr 29, 2024
One Lincoln owner Fortis Property Group faces another big office vacancy to fill if a bankruptcy court approves WeWork’s motion to reject the lease on its 241,000-square-foot coworking center.