Community Good Works

East Cambridge Savings Bank raised $10,000 and provided a dollar-for-dollar match to gift $20,000 to The Neighborhood Developers, a nonprofit affordable housing developer and community development corporation based in Chelsea. See who else gave back.

a person holding a miniature apartment building in one hand and a set of keys in the other.

Fed Rate Policy Dims CRE Outlook

High cost of debt and the Federal Reserve’s diminished rate-cutting plans are weighing on property valuations and continue to discourage transactions in many asset categories, commercial real estate executives said at an industry forum.