Hometown Financial Doesn’t Rule Out Continued Expansion
Even with the ink still not dry on its agreement to acquire Colonial Federal Savings Bank, Hometown Financial Group’s CEO says the mutual holding company wants to grow further.
Signals, Big Bus Lanes Headline T’s 5-Year Investment Plan
MBTA overseers on Tuesday unanimously approved the latest five-year plan to invest in systemwide improvements, embracing a $9.8 billion roadmap that one watchdog group called a “nuts and bolts” approach.
Hometown Financial Group Buying Colonial Federal Savings Bank
North Shore Bank, part of Hometown Financial Group, will buy Quincy-based Colonial Federal Savings Bank in a $44 million deal.
Boston Planning Chief Has More Questions for Developer
A housing developer won a recent legal victory over a lengthy review of a 204-unit apartment complex in Hyde Park, but the Boston Planning & Development Agency has more questions.
Mass. Home Sales Continue to Flatten Out Despite Rising Inventory
Single-family home sales in Massachusetts continued to flatten out in April even as inventory of unsold homes continues to grow modestly.
Rockland Trust Will Lay Off 125 at Enterprise Bank If Merger Goes Ahead
Rockland Trust told investors it expects to find cuts equivalent to 30 percent of Enterprise Bank’s operating costs, but won’t close branches.
NU Buys Converted Lab Building at Big Discount
A suburban lab conversion was acquired by Northeastern University for $33 million, just three years after a local developer sold it for $103 million to an institutional investor.
Rising Seas Whip Up Talk of Property Buyouts on Mass. Coasts
The Healey administration is proposing a strategy that also eyes building code changes to protect the Massachusetts coastline from rising seas and intensifying storms.
New Job Seekers Nudge Mass. Unemployment Rate Up
The statewide unemployment rate climbed again in April to 4.6 percent, slightly widening the gap with the national joblessness rate, labor officials said Friday.
Suffolk in Financial Dispute Over Southie Power Plant Demolition
A subcontractor that performed asbestos removal work during demolition of the former Boston Edison power plant is seeking financial damages from construction giant Suffolk.
Despite Rising Economic Worries, Foreclosure Activity Down in Mass.
While foreclosure activity is on the rise nationwide and in parts of New England, Massachusetts is seeing foreclosure activity decline.
Personnel File – No. 406
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.
One Congress Refinanced for $650M
Boston’s One Congress office tower received $650 million in refinancing from Bank of America and Wells Fargo.
Big Lenders Look for Growth in Underbanked Areas
TD Bank’s newest Massachusetts branch is a window into how the lender – and its next-door rival – believes it can add new customers by opening physical locations in historically underbanked areas.
Is This the Best Development Site in Massachusetts?
National Development’s 75 Reed Road property represents a rare opportunity amid growing demand for big development sites serving emerging industries, particularly data centers for applications like AI.
When Developers Are the Ones Halting New Housing
When it comes to NIMBY opposition that derails plans for new housing, it’s not just the neighbors raising a stink. Every now and again, it’s also rival developers worried about the competition.
Hot Property: Vertex Bridge
Construction of a new pedestrian bridge will link two Vertex Pharmaceuticals research buildings in Boston’s Raymond L. Flynn Marine Park while providing flexibility for future demolition.
Residential and Hospitality Designs Cross Paths
Restaurant groups in Boston turn to Matthew Arnold for inspiration when preparing to debut a new concept. He recently went independent with his own year-old design firm, ArnoldAnd.
The Gossip Report: May 16, 2025
The third home in this week’s Gossip Report home-sales roundup tries to embrace the water both figuratively and literally with the arcing curves of its east and west wings.
Liability Woes Leave Snow Contractors on Slippery Ground
Landscape contractors are calling on state lawmakers to address slip-and-fall liability issues that snow and ice removal service providers face across Massachusetts.
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