Boston Tower Listing Could Set Multifamily Record
By Steve Adams | Banker & Tradesman Staff | Feb 1, 2023 | Reprints | Unlock Link 
With little competition from new luxury high-rises in downtown Boston and stable rent trends, the pending sale of the Sudbury could set another record for multifamily investment sales.
Wu Unveils BPDA Restructuring Plan, with Specific Goals
By Steve Adams | Banker & Tradesman Staff | Jan 31, 2023 | Reprints | Unlock Link
Mayor Michelle Wu laid out specifics about the advent of a new Boston Planning and Development Agency, including goals of accelerating approvals while emphasizing affordability, coastal resilience and equity.
Asana Partners Pitches Lab Project in Davis Square
By Steve Adams | Banker & Tradesman Staff | Jan 30, 2023 | Reprints | Unlock Link
Asana Partners is seeking to renovate and expand a block of commercial properties in Somerville’s Davis Square with life science space above updated storefronts.
BankProv Ends 2022 With $21M Loss
By Diane McLaughlin | Banker & Tradesman Staff | Feb 1, 2023 | Reprints | Unlock Link
BankProv saw positive earnings in the fourth quarter after a review of impaired loans in its cryptocurrency mining portfolio led to a $35 million loss in the previous quarter.
Wu: Rent Control Alone Won’t Solve Housing Crisis
By James Sanna | Banker & Tradesman Staff | Feb 1, 2023 | Reprints | Unlock Link
Boston Mayor Michelle Wu pushed back against criticism of her proposal to slap a cap on rent increases city wide would harm housing production in an interview on GBH News’ “Boston Public Radio” Tuesday.
Norwood Bank Has New Name
Norwood Bank has rolled out a new name after completing its acquisition of Foxboro Federal Savings in December.
VMD Acquires 900K SF Fall River Development Site
By Steve Adams | Banker & Tradesman Staff | Feb 1, 2023 | Reprints | Unlock Link
A North Andover developer will seek tenants for a 900,000-square-foot industrial development after acquiring the site from the Fall River River Development Corp.
Acquisition Delay Saves Brookline Bancorp Some Revenue
By Diane McLaughlin | Banker & Tradesman Staff | Jan 31, 2023 | Reprints | Unlock Link
By waiting longer than expected to receive regulatory approval for its recent bank acquisition, Brookline Bancorp now has an additional year before the Durbin Amendment takes effect.
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