Dan Rivera Resigns from MassDevelopment
The head of a top state quasi-public development finance agency has turned in his resignation, effective immediately.
Owner Seeks More Height for South End Apartment Conversion
At 91 units, the proposed conversion of 95 Berkeley St. in the South End will be the second-biggest to date.
Report: HomeServices to Settle Commission Lawsuits
The last major brokerage still locked in a court battle over real estate agent commissions appears to be waving a white flag.
Eastern Bank Predicts Cambridge Merger Will Close in Q3
Eastern Bank executive said they are highly confident the bank’s merger with Cambridge Trust won’t be delayed much longer.
WeWork Seeks to Walk Away from Atlantic Ave. Lease
WeWork, once the biggest name in coworking in Boston, plans to reject a lease for one of its locations next to South Station.
Massachusetts’ Biggest Black-Owned Bank to Relocate HQ
OneUnited Bank plans to relocate its headquarters out of Boston’s Financial District and into the traditional heart of Boston’s Black community.
Rockland, Eastern Earn Top Marks for Customer Satisfaction
A new analysis by J.D. Power has found that Rockland Trust and Eastern Bank are the two top large, Massachusetts-based banks operating in New England in terms of customer service.
The B&T Daily: April 24, 2024
A new poll finds that Black small business leaders in Massachusetts disproportionately report being rejected when applying for financing.
Poll: 2 in 5 Black Mass. Biz Leaders Rejected for Loans
A new poll finds that Black small business leaders in Massachusetts disproportionately report being rejected when applying for financing.
NAR Settlement Gets Preliminary OK
The judge in the lawsuit against the National Association of Realtors over real estate agent commissions has given his preliminary approval to a settlement in the case, signalling that a new future for how agents are compensated is clearly on the horizon.
The B&T Daily: April 23, 2024
There’s a mystery in the Seaport District: Why is Beacon Capital seeking to add a second, 500,000-square-foot building next to its 2 Harbor St. building, now nearing completion without a tenant commitment.
Company Behind Big New Listings Portal Buys Matterport
CoStar Group, the real estate information company behind Homes.com, has inked a deal to buy the 3D camera company many real estate agents rely on to promote their listings.
Cape Cod 5, MVCU Building Branches in Plymouth
Two financial institutions are in the process of setting up shop in Plymouth.
The B&T Daily: April 22, 2024
Unclear funding sources and the not altogether happy history one of its founders shares with Mayor Michelle Wu has prompted whispers of grudge-settling.
Fall River Church Conversion Gets Financing from Rockland Trust
A former church in Fall River will be converted into 46 new market-rate homes thanks to a loan from Rockland Trust.
Greater Boston Luxury Listings on the Rise
Numbers of new listings at the very high end of the Greater Boston home-sale market are on the rise, even as sales totals lagged in the market’s traditional downtown-area core in the first quarter.
The B&T Daily: April 19, 2024
MP Boston, developer of the Winthrop Center tower, is in hot water with Boston planning officials after being on the receiving end of criticism for months.
Remodeling Forecast Says Spending Will Decline This Year
The latest forecast from Harvard University’s Joint Center for Housing predicts that a slump in Americans’ remodeling spending may be in store this year.
GSIR, Cronin Group Settle Lawsuit
One of Boston’s prominent luxury brokerages and the developer behind a new Seaport District condominium tower have buried the hatchet in a dispute over allegedly unpaid sales commissions.
The B&T Daily: April 18, 2024
Citizens Financial Group’s move to seize market share among the Northeast’s rich is gathering pace, executives said during the bank’s first-quarter earnings call Wednesday.
