Innovation, Improving Market Helped LOs Take Home Gold
Massachusetts’ top loan originators did battle with high interest rates in 2024, but they still found ways to succeed.
Top Boston Attorney Warns Mayor on Office Tower Taxes
Could Boston be faced with a repeat of the infamous Tregor decision, the decades-old state court ruling that upended city finances? A top city real estate lawyer thinks so, and he’s urging Boston’s mayor to take precautions.
Accessory Dwelling Units Could Help Boston – If Only the City Would Let Them
While residents are paying princely sums to live in Boston, many who can’t afford to pay Boston’s housing piper are leaving. And the city’s pursuing ADU rules that dramatically restrict how many will be built.
The Green Mirage Sweeping America
A deceptive calling campaign is sweeping the country, costing homeowners hundreds of thousands of dollars in mortgage fraud, according to a federal watchdog.
Cracking the Affordability Code for Builders
Controlling project costs is a make-or-break proposition for multifamily developers. At Greenstaxx, it’s Julia Hansen’s job to introduce them to the company’s modular construction technology.
Hot Property: Betty Greene Apartments
Boston-based nonprofit developer Urban Edge completed its latest affordable housing project in the Jamaica Plain neighborhood, the Betty Greene Apartments.
How Rising Construction Are Shifting the Housing Market
Construction costs have surged in recent years, pushing homeownership further out of reach for many Americans. Part of the cause? Faster wage gains for workers in the lowest-paid roles.
Bank of Canton Promotes New President and CEO-Elect
Bank of Canton’s board of directors has unanimously approved the promotions of three executive officers, including Michael F. Lindberg to president and CEO-elect.
Rockland Trust to Keep Presence in Lowell Post-Merger, Despite new HQ
While Rockland Trust is planning to move to a new, larger corporate headquarters at the same time it’s seeking approval to buy Enterprise Bank, the bank says it will be maintaining an office in Lowell after the merger.
New Owners Take Over Management of One Lincoln
The new owners of Boston’s One Lincoln office tower are seeking to accomplish what prior owner Fortis Property Group could not: attract tenants to fill the void left behind by the departure of State Street Corp. and downsizing by WeWork.
The Gossip Report: May 2, 2025
Just like that, winter is gone and it feels like summer is finally here – and outdoor living and entertaining beckon, especially in the third and fourth homes in this week’s Gossip Report.
Without FEMA Money, Big Housing Development Area at Risk
A project that would keep floodwaters out of Everett’s booming Commercial Triangle development zone and Chelsea’s Mystic Mall could be dead due to Trump administration cuts.
Economist: Mass. Economy May Have Shrunk More than U.S. in Q1
Start with an aging workforce and challenges retaining younger people, and add growing consumer worries and weakness in the tech sector, and Massachusetts’ economy could have shrunk as much as 1.3 percent.
Rockland Trust Consolidates HQ in Ex-Biotech Office
Rockland Trust will be moving its corporate headquarters back to Rockland, the South Shore town where it was first formed.
Hotel Proposal Rides Train to New Bedford
A local development team has filed plans with New Bedford officials to build a new hotel next to the city’s brand-new MBTA commuter rail station.
Citizens Loses CFO to State Street
Rhode Island-based bank Citizens is losing its chief financial officer to another New England institution: the investment bank State Street.
Boston Awards $38M in CPA Grants for Housing
Seven affordable housing projects in Boston will receive Community Preservation Act grants to help them complete their financing packages.
DPU Squeezing How Much Utilities May Charge for Gas Pipe Replacements
The Department of Public Utilities late Wednesday night ordered that gas companies will have to ratchet down the amount of money they can bill customers for efforts to replace old and leaking natural gas pipelines.
Boston Median Monthly Mortgage Payment Ticks Upwards
While monthly mortgage payments are declining in 12 of the 50 most populous U.S. metro areas, Boston is continuing to see the median monthly mortgage payment increase, according to a new report from Redfin.
Brookline Bank Opening New Branch in Lawrence
The branch will serve Lawrence, Andover and North Andover with deposit, lending and wealth management services.
This Week’s Newspaper
