Berkeley Investments Sells JP Development for $37.8M
A 73-unit Jamaica Plain apartment complex that includes retail tenant Drawdown Brewery sold for $37.8 million.
How New Projects Are Responding to Climate Concerns in Boston
Like other waterfront cities, Boston faces existential risk from climate change – not just rising sea levels, but also sudden rainstorms and extreme temperatures.
Boston Seeks Affordable Housing Proposals, But Deadline’s Tight
Developers will have to scramble to meet the deadline for the city’s annual round of housing development if they weren’t expecting it.
Webster Five Names New CFO
Webster Five has named a new chief financial officer as it continues to add to its leadership team.
Citizens Names New CFO
Citizens Bank has tapped Barclays Bank veteran Aunoy Banerjee to be its newest lead financial executive.
Mass. AG Reaches $2M Settlement With Mortgage Servicer
Attorney General Andrea Campbell announced her office reached a $2 million settlement with Texas-based residential mortgage loan servicer Cypress Loan Servicing
Eastern Bank Adds New Chief Impact Officer
The Eastern Bank Foundation has named Miriam Ortiz as its new chief impact officer.
Prominent Harvard Square Property Sold for $55M
A prominent Harvard Square office and retail property traded for $55 million in its first change of ownership since 1998.
Auction Seeks Buyers for Troubled West Roxbury Development
A West Roxbury apartment complex plagued by construction delays will go to auction next month as a lender seeks to obtain a third-party buyer.
Synergy Reportedly Purchasing Another Downtown Tower
A downtown Boston office tower is reportedly set to be acquired by Boston-based developer Synergy for a steep discount from the previous transaction that took place just before the COVID-19 outbreak.
Harvard Federal Credit Union Opens New Branch
Harvard Federal Credit Union has opened a new branch at One Brigham Circle in Boston’s Mission Hill neighborhood.
312 Apartments Coming to Lexington Office Park
A 312-unit apartment complex is under construction in a Lexington office park where town officials have sought to reinvigorate development activity including multifamily housing.
CBRE Names New Greater Boston Market Lead
CBRE has promoted a local executive as the new leader of its Massachusetts region and four other New England states.
IBA Turning Former Offices into Housing
Inquilinos Boricuas en Acción, the community development corporation founded by local activists fighting urban renewal in the 1960s, is turning its former offices at 403 Shawmut Ave. into income-restricted apartments.
Starter Home Sales in Mass. Outpace National Growth
Starter homes in Massachusetts sold at a higher rate than the national average in June.
Seaport West Adding Earl’s Kitchen + Bar in 2027
Earl’s Kitchen + Bar announced plans for its second Boston location as landlord Pembroke revamps its Seaport District portfolio’s restaurant lineup.
Citi Launches Strata Elite Card to Compete With AmEx and Chase
There’s a new but familiar face coming to the world of high-end credit cards.
Worcester Apartments Sold for $122.2M
A mixed-use building in Downtown Worcester has been sold for $122.2 million.
Mass. Home Sellers Holding Onto Homes
Sellers in Massachusetts are holding onto their homes for longer than the rest of the nation.
Trash Collector Strike is ‘So Bad’ for MA, Healey Says
More than 20 days after unionized sanitation workers walked off the job in 14 Massachusetts communities, Gov. Maura Healey on Wednesday reiterated her call for Republic Services to “resolve” the labor dispute.
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