KeyBank’s New Boston President: Small Business, Private Banking on Horizon
By Nika Cataldo | Banker & Tradesman Staff | Dec 5, 2023 | Reprints | Unlock Link 
Despite not having a retail branch in Boston, KeyBank’s new local market president is aiming to grow its roster of commercial banking clients and establish small business banking and private banking groups in the area in the next few years.
Worcester, Springfield Predicted to Be in Top Housing Markets Next Year
By James Sanna | Banker & Tradesman Staff | Dec 4, 2023 | Reprints | Unlock Link
Some experts expect the nation’s housing markets to begin a long, grinding climb-out next year from the multi-year inventory dives they’ve been on since 2020, but two Massachusetts markets are expected to be top performers.
New CRA Rules Could Make Banks More Careful with Growth
By Nika Cataldo | Banker & Tradesman Staff | Dec 3, 2023 | Reprints | Unlock Link
After the release of the new Community Reinvestment Act rules last month, community groups say banks must be careful in expanding too fast, and instead should focus on improving lending and investments in low- to moderate-income communities in areas they already serve.
North Shore Housing Market ‘a Great Place to Be’
By Jay Fitzgerald | Dec 3, 2023 | Reprints | Unlock Link
Quaint coastal communities just north of Boston are seeing their proximity to the city buffer them from home-price softness seen elsewhere in the state.
Here’s What Top Economists Think 2024’s Housing Market Will Look Like
Sellers giving in to a “new normal” for mortgage rates. Home prices staying roughly flat. Demand for apartments and rental houses staying strong.
128-Room Cape Hotel Sold to Lexington Investor
By Steve Adams | Banker & Tradesman Staff | Dec 5, 2023 | Reprints | Unlock Link
A Lexington hotel management company is expanding its portfolio with the $10.7 million acquisition of a 128-room Cape Cod Hotel.
Legislature Passes Shelter Funding Deal in Overdue Closeout Budget
After weeks of legislative procrastination, parliamentary delays and finger-pointing, a $3.1 billion spending bill packed with money for the stretched-thin emergency shelter system and public worker raises landed on Gov. Maura Healey’s desk Monday
Newton Passes Slimmed-Down Multifamily Zoning Package
Newton city councilors approved a plan 21-2 Monday night that still exceeds the minimum number of units required under state law.
Trinity Cuts Ribbon on Lawrence Mill Redevelopment
By James Sanna | Banker & Tradesman Staff | Dec 4, 2023 | Reprints | Unlock Link
Trinity Financial’s latest project in Lawrence, the Fábrica Lofts, opened its doors last week with an assist from state officials and TD Bank.
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