Anchor Line Sells Allston Development Site for $19.75M
Boston-based Anchor Line Partners has sold a pair of Allston properties which recently received approval for a 152-unit apartment development.
This Month in History: Roxbury Defeats the BRA
The nation’s first community-led developer scored its first victory 55 years ago this month in Boston’s Roxbury neighborhood, responding to city officials’ plans to demolish an entire community and setting the stage for a groundbreaking new way of developing real estate.
Depositors Approve Colonial Federal Savings’ Reorganization
Colonial Federal Savings Bank has received depositor approval to reorganize its company structure as the bank moves ahead with plans to raise capital by partially converting to a publicly traded bank.
Community Good Works
From a surprise $200,000 gift to help Afghan refugees to smaller donations to help their neighbors get through the winter, local commercial real estate firms, banks and credit unions gave back in many ways in recent weeks.
Race Between Boosters, Omicron Plays Out as Cases Surge
As the omicron variant continues to drive rapid spread, some public health experts warn that the Baker administration has not done enough to get additional shots into arms.
Lawyer Convicted of Using Fraud to Get $8M in Loans
An attorney accused of lying to obtain millions of dollars in loans has been convicted of bank fraud and other charges in New Hampshire.
Amazon Buys Westborough Industrial Property for $65M
Amazon has paid major MetroWest landlord Carruth Capital $65 million for a 93-acre swath of Westborough’s Computer Drive commercial district that has been approved for a large, last-mile e-commerce facility.
November Mortgage Lending on Pace to Exceed 2020 Levels
While November single-family mortgage activity dropped off slightly compared to last year, Massachusetts remains on pace to exceed both 2020 and 2019 levels.
Billerica Industrial Building Trades for $23.5M
An industrial building on Middlesex Turnpike in Billerica has been bought by a major Boston developer.
Mass. Tops 1M Coronavirus Cases
More than 1 million coronavirus cases have been confirmed in Massachusetts, according to state Department of Public Health data released Tuesday, as the omicron variant drives the latest surge in numbers.
Will Inflation Hurt Spring Demand for Homes? One Survey Says Yes
Inflation is the big story in the American economy right now, but experts have been divided on its ultimate impact on the housing market.
Berkshire Bank Launches ESG Investment Product
Berkshire Bank’s wealth management division has launched new socially responsible investment portfolios that the bank said would strengthen its commitment to environmental, social and governance factors.
COVID EIDL Program Ends on Friday
The Economic Injury Disaster Loan program for small businesses affected by COVID-19, a key financing option throughout the pandemic, will close on Friday.
Labs Pitched for Somerville Bakery Property
A local developer is proposing to demolish a former bakery building halfway between Union and Porter squares and replace it with labs.
Rental Aid Changes Likely to Hurt the Needy, Landlords, Advocates Warn
Massachusetts renters who seek state aid to avoid eviction will face new requirements and a revised application process in less than a week, a sudden shift that prompted dozens of housing advocates to demand lawmakers intervene and stave off a “disgraceful and unnecessary outcome.”
Spilka Makes Transit Post a Low Priority as Traffic, Budget Issues Mount
Senate leaders are being clear they see little urgency in appointing a new point person to find solutions to the collapse of the state strategy to cut greenhouse gas emissions or a looming “fiscal calamity” at the MBTA.
Eastern Bank, Cape Cod 5 Among SBA’s Top Lenders
Eastern Bank was named a top lender for the 13th consecutive year by the Massachusetts district office of the U.S. Small Business Administration, and Cape Cod Five provided more loans to female entrepreneurs than any other Massachusetts lender.
Personnel File – No. 268
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
Homebuyer Competition Held Steady in November
Competition among prospective Greater Boston homeowners stayed strong in November according to a new report from the brokerage Redfin.
Affordable Senior Housing OK’d for Downtown Worcester
Worcester officials have approved a proposal from Boston-based WinnCompanies to redevelop the vacant former Boys & Girls Club building at 16 Salisbury St. in the city’s downtown.
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