by Banker & Tradesman | Jun 14, 2024
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.
by Steve Adams | Jun 14, 2024
A $215 million apartment complex will replace an Allston warehouse under development plans approved for a joint venture of Houston-based Hines and Calare Properties of Framingham.
by James Sanna | Jun 14, 2024
Webster Five announced its CEO will be stepping down a year from now after 20 years at the bank, but his shoes will be filled by a Worcester native and a 14-year Webster Five veteran.
by James Sanna | Jun 14, 2024
Some of the biggest names in finance and real estate were cheered by the Greater Boston Chamber of Commerce this week in its annual “Pacesetter” awards, that call out firms working to diversify their supplier spending to include minority-owned companies.
by State House News Service | Jun 14, 2024
As lawmakers compile bills that collectively authorize more than $10 billion in borrowing, the Healey administration released a plan Thursday that puts those wish lists in perspective based on how much capital spending taxpayers can actually afford.
by State House News Service | Jun 13, 2024
A business-backed group wants the state legislature to resolve a projected funding gap at the MBTA this year, saying the high stakes include Boston’s recovery from pandemic impacts and the safety and reliability of the heavily-used transit system.
by Erin Delaney | Jun 13, 2024
Cape Cod 5, based in Hyannis, is under agreement with Orleans-based law firm La Tanzi, Spaulding & Landreth to sell an office property at 20 West Road, which currently holds its trust and asset management offices.
by Steve Adams | Jun 13, 2024
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.
by The Associated Press | Jun 12, 2024
Federal Reserve officials said Wednesday that inflation has fallen further toward their target in recent months but signaled that they expect to cut their benchmark interest rate just once this year.
by Steve Adams | Jun 12, 2024
The real estate needs of Mahoney’s Garden Center and Harvard University have been intertwined like climbing vines along the Charles River in Cambridge and Allston-Brighton for decades.
by The Associated Press | Jun 12, 2024
The Seattle-based company said the new sum would go on top of money already invested to help create or preserve 21,000 affordable housing units in and around Seattle, Arlington, Virginia and Nashville, Tennessee.
by Erin Delaney | Jun 12, 2024
A vintage Red Line subway car arrived yesterday at the future site of On the Dot, a new residential and commercial development in South Boston being planned by developer Core Investments Inc.
by Steve Adams | Jun 12, 2024
The Boston Planning & Development Agency’s “Squares and Streets” program to encourage housing production gained traction with a proposed redevelopment of a property on a busy Mattapan commercial corridor.
by Erin Delaney | Jun 12, 2024
Eastern Bank announced on Monday that Joseph Alberghini will the bank’s new senior vice president on its commercial banking team.
by Steve Adams | Jun 11, 2024
The facility expansion had been planned by a contract drug manufacturing company that’s under scrutiny by Congress amid concerns about security of genomic data.
by Erin Delaney | Jun 11, 2024
OneUnited Bank has unveiled its first television commercial campaign, timed to coincide with Juneteenth and promoting its new “OneLove” debit card and related financial products.
by Steve Adams | Jun 11, 2024
A clean energy startup is eyeing a Brighton industrial property just south of the Massachusetts Turnpike for construction of a battery storage facility.
by State House News Service | Jun 11, 2024
Two Democrats who have a chance to stamp their mark on Gov. Maura Healey’s $3.5 billion plan to reinvigorate the state’s business climate want the benefits to stretch beyond the Boston metropolitan area.
by Erin Delaney | Jun 11, 2024
Harvard University Employees Credit Union will be changing its name to “Harvard Federal Credit Union.”
by James Sanna | Jun 10, 2024
After reopening the core of its Orange Line subway Friday following a nine-day closure for repairs, the MBTA says it’s made “significant progress” in eliminating delays caused by track in disrepair.