Ace Ticket Moving To 656 Beacon St.
Ace Ticket is moving, but staying in the same Boston neighborhood.
Pending Home Sales Bounce Back After Snowy February
The Massachusetts Association of Realtors (MAR) reports that March pending home sales were up 46 percent compared to the same time last year. Condominium pending sales were also up. Pending sales figures (also called homes under agreement) are a leading indicator of actual housing sales in Massachusetts for the following two to three months.
MassHousing Announces $18M In Loan Closings For Affordable Housing In Worcester
MassHousing announced $18 million in loan closings for the Voke Lofts in Worcester, which will turn the vacant former Worcester Vocational and Technical School into 84 units of mixed-income housing.
Builders Say Feb. Home Sales ‘A Wake Up Call’
February’s decline in single-family home sales and spiking prices should serve as a wakeup call to deregulate the state’s zoning laws, the Home Builders Association of Massachusetts said.
AllCom, Worcester Postal Credit Unions Merge
Worcester-based AllCom Credit Union has merged with neighboring Worcester Postal Credit Union, effective this month.
R.H. White Will Donate $90K To Mark 90th Anniversary
R.H. White Construction Co. Inc. will donate $90,000 to charity to mark the firm’s 90th anniversary. Three organizations have been selected to receive donations: The Multiple Sclerosis Society, The Polycystic Kidney Disease Foundation and the Alzheimer’s Association.
Thrun Joins William Raveis In Hingham
Kathleen Thrun has joined William Raveis Real Estate, Mortgage and Insurance’s Hingham office as an agent.
Pentucket Bank Appoints New Corporators
Pentucket Bank has added five new corporators, Sven Amirian, Richard Atwood, Lane Glenn, James Rurak and Victoria Kennedy.
Hallmark Health System Uses $70M In MassDev Funds For Equipment
MassDevelopment has issued a $50 million tax-exempt bond and $20 million tax-exempt lease on behalf of Hallmark Health System Inc.
Polymer Corp. Leases 58K SF In Palmer
Polymer Corp. has leased 58,000 square feet of single-story industrial space at 1 Third St. in Palmer.
Jones Lang Lasalle: Boston Commercial Market In Full Recovery
A new report on commercial leasing activity for the first quarter from Jones Lang Lasalle (JLL) says that Boston is officially in growth mode and has fully recovered from recession losses.
Freshen Up: Realtors Rethinking Marketing Efforts
Menino Had Detractors, But Not In Housing Sector
Affordable housing advocates around the city are losing one of their staunchest friends with the departure of Boston Mayor Tom Menino. But many feel that the changes he’s made to how the city treats housing at all income levels will help ensure their voices are heard, no matter who replaces him.
Feds Update Leveraged Lending Guidance
Concerned that underwriting standards have loosened since the financial crisis of 2007, federal regulators recently released new guidelines for leveraged lending intended to update and replace the last such guidance released in April 2001.
Extra Credit
Upton native Lloyd L. Hamm Jr. did his undergraduate degree in biology, but virtually did a 180, winding up first at Mechanics Bank in Worcester and then making his way to Eastern Bank in 1986.
The Mortgage Complaint Window Is Open
Got a beef with your mortgage company or loan servicer? Lots of people do, and thousands of them have been turning to a federal complaint hotline for action – or at least a quick response from the lender.
‘Urban Mechanic’ Leaves Successes, Disappointments
The dismantling, piece by piece, of Boston’s crime-ridden Combat Zone and subsequent rehabilitation of the city’s historic downtown theaters. The creation of an entirely new metropolitan district, burgeoning now with an influx of young high-tech and creative companies. And the long-lamented destruction of the landmark Filene’s building, which has sat for years as a high-profile demolition site in the heart of a bustling retail corridor.
New Mayor Should Cede Development To BRA
Boston needs a new mayor, not another developer-in-chief.
Mayor Thomas M. Menino was at his best setting ambitious goals for others to meet, such as his recent call for tens of thousands of new apartments, condos and homes.
America’s Trade Muddle
Americans have a love-hate relationship with foreign trade. In the marketplace, we’re enthusiasts. But in the political arena, we’re skeptics.
Foreclosure Review Lacking In Accountability
What’s so perplexing about the gigantic $9.3 billion foreclosure settlement is the chaotic nature of the whole operation. That seems to be confirmed by a recent report from the Government Accountability Office (GAO) on the entire foreclosure review process.
