by Nika Cataldo | Oct 4, 2023
After being agreeing to settle federal redlining charges for $9 million, Rhode Island-based Washington Trust said it will diversify its executive team and board of directors in an agreement with state officials there.
by Steve Adams | Oct 4, 2023
Over the past 12 months, office tenants’ active space requirements have increased nearly 26 percent, according to new JLL research.
by The Associated Press | Oct 4, 2023
A conservative group’s lawsuit against the agency is being closely watched in parts of the banking industry to see whether it undermines a controversial rule that would require lenders to collect and report anonymized data about the small businesses they lend to.
by State House News Service | Oct 4, 2023
Legislators grilled Boston Mayor Michelle Wu and other city officials for more than an hour Monday over a home rule petition that would dramatically expand the volume of liquor licenses in low-income, marginalized communities.
by Nika Cataldo | Oct 3, 2023
Local branches of Santander Bank, JPMorgan Chase and First Republic Bank closed down in September, according to OCC’s latest data.
by Steve Adams | Oct 3, 2023
Boston City Councilors backed an increase in income-restricted units in multifamily developments, a move that real estate industry groups predict will further discourage housing production.
by Nika Cataldo | Oct 3, 2023
Connecticut-based Liberty Bank recently opened a new loan office in Springfield, and is set to open a full-size branch in East Longmeadow “later this fall” as it chases what it believes is strong growth potential in the Western Massachusetts market.
by Steve Adams | Oct 3, 2023
Moderna’ new global headquarters in Cambridge’s Kendall Square is set for delivery in November under budget, developer Alexandria Real Estate Equities announced.
by James Sanna | Oct 3, 2023
The MBTA’s experiment in offering commuter rail service on a branch line to the Patriot Place mall and Gillette Stadium in Foxboro in recent years appears to have been a success.
by Nika Cataldo | Oct 3, 2023
Kenneth C. Montgomery, the first vice president and chief operating officer of the Federal Reserve Bank of Boston, is set to retire in the spring after 40 years. Now the bank is launching a national search for a replacement.
by The Associated Press | Oct 3, 2023
The highest mortgage rates in more than two decades are keeping many prospective homebuyers out of the market and discouraging homeowners who locked in ultra-low rates from listing their home for sale.
by State House News Service | Oct 3, 2023
Passenger service on a commuter rail expansion to southern Massachusetts is not expected to begin until next summer, about half a year later than prior forecasts, MBTA officials said Thursday.
by James Sanna | Oct 2, 2023
Amid fallout from a sexual harassment scandal at the very top of the National Association of Realtors and court cases that look set to force changes in buyer-broker compensation, one of the nation’s largest brokerages says it will require “many” of its agents to leave the group.
by Steve Adams | Oct 2, 2023
Arson investigators were called to an Allston apartment development after a suspicious device was discovered early Friday.
by Steve Adams | Oct 2, 2023
A Dorchester property that spotlighted displacement pressure on Boston’s artist community will be redeveloped as affordable live-work housing under plans submitted by New Atlantic Development.
by Steve Adams | Oct 2, 2023
A Downtown Crossing office building traded for a 74-percent discount from its previous price in 2016, as a Boston investor snapped up the 38,000-square-foot building for just under $4.1 million.
by Nika Cataldo | Oct 2, 2023
Fidelity Bank said on Friday that it led a $21 million leasehold mortgage to support the renovation of an apartment project in Amherst.
by James Sanna | Oct 2, 2023
A Nantucket compound has gone under agreement that, if sold at the asking price, would represent the most expensive home in Massachusetts history.
by State House News Service | Oct 2, 2023
Low-income tenants who are at risk of being evicted could gain access to free legal representation, the state rental voucher program could be written into law and apartment de-leading could be given a boost under bills heard on Beacon Hill Wednesday.
by Steve Adams | Oct 1, 2023
The federal government’s new Volpe National Transportation Systems Center includes new simulator labs designed to improve the safe operation of commercial airliners, locomotives and 18-wheelers.