PeoplesBank President Hints at Eastern Mass. Expansion
PeoplesBank President and CEO Brian Canina says the Holyoke-based bank is eyeing Eastern Massachusetts growth in the coming years.
Apartment Rents Trending Downward in Some Boston Suburbs
Apartment rents are trending downward amid a wave of new buildings coming online, including a 3.6 percent annual decrease in development hotspot Everett.
Sublime Systems Pauses Holyoke Factory, Cuts Workforce
One of the most-hyped green building companies in Massachusetts is calling a halt to its plans for its first commercial-scale plant after losing a key grant.
Personnel File – No. 428
From new VPs to fresh project managers, see who’s been hired, promoted and honored, it’s our weekly Personnel File roundup.
Developments Test Appetite for Starter Homes
A golf course redevelopment in Stow and a high-profile project in Amesbury are lining up to be test cases for a new style of housing that uses less land and costs less.
Industry’s $30M Anti-Rent Control Campaign Won’t Be Enough
Ads and harsh warnings won’t be enough to convince voters to turn away from rent control. Industry and sympathetic politicians will need to show voters a better world, first.
Others’ Mergers Create an Opening
When Amesbury-based BankProv came up for sale, Needham Bank faced plenty of competition. Deal in hand, CEO Joseph Campanelli said, his bank is looking forward to “a lot more synergies than we anticipated.”
Hot Property: Eastern Edge Food Hall
MIT graduate students in a new Kendall Square housing tower will have access to a wide range of global cuisine without leaving the building.
Mass. Is Creating Homeownership Deserts in Our Gateway Cities
There’s a rising fascination with helping homebuyers access their first homes. But it won’t fix the core issue: We don’t create many new affordable homes for sale.
Small Mass. Banks, CUs Face Heavy Tech Lift
Monopoly power isn’t just lurking in consumer prices. Data shows smaller lenders face disproportionately high – and rising – costs for their operating system software.
Late with Payments? Call Your Lender Now
The typical indicators of homeowner financial stress – mortgage delinquencies and foreclosure filings – are rising across the land.
WATCH: Subscriber Spotlight – Marc Savatsky
Every week we’re featuring one of our subscribers as a way to say thank you! This week, it’s Marc Savatsky, a broker and Boston multifamily developer.
Down Payment Assistance Program Celebrates First Year of Operation
The Massachusetts Housing Partnership’s newest mortgage program has served 255 first-time homebuyers and dispersed $8 million in down payment help its first year of operation.
40B Proposal Under Review at Long-Vacant Winchester Site
A 60-unit apartment complex is under review for a Winchester property that previously prompted a court battle with neighbors over plans for a CVS Pharmacy.
The Gossip Report: Dec. 5, 2025
The second home in this week’s roundup of Massachusetts most expensive home sales comes with sweeping sunset views.
Community Good Works
Employees at Clinton Savings Bank gathered 65 new and gently-used coats for Clinton residents in need as part of the bank’s annual coat drive. See who else gave back.
MountainOne-Mechanics Cooperative Merger OK’d
North Adams-based MountainOne Bank and Taunton-based Mechanics Cooperative Bank have received all regulatory approvals required to complete the merger of their mutual holding companies.
French Biotech Establishes Seaport HQ
A French biotech company subleased office space in Boston’s Seaport District for a new global headquarters.
Members Approve BrightBridge Credit Union and Arrha Credit Union Merger
The members of BrightBridge Credit Union and Arrha Credit Union voted in favor of merging following separate member votes at each credit union’s corporate headquarters.
Pinehills Apartments Trade for $122M
A 260-unit apartment complex in Plymouth’s Pinehills community was acquired by a Boston-based institutional investor for $122 million.
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