Webster Bank to Acquire HSA Provider Bend Financial
The parent company of Webster Bank has agreed to acquire Boston-based Bend Financial Inc., a technology company that offers a cloud-based platform for health savings accounts.
MLS PIN Names New CEO
The main multiple listings service for Massachusetts announced it has chosen a new leader to replace retiring President and CEO Kathy Condon.
Arsenal Yards Gets Another Life Science Lease
Another Cambridge life science company is adding research space in East Watertown’s Arsenal Street industry cluster.
Poll: Boston Biz Contacts Expect Remote Work Option
New poll results show how entrenched remote work has become two years into the COVID-19 pandemic, and hint at the challenges facing places like downtown Boston.
Mass. Sees Lowest Housing Inventory in 23 Years
As the new year opened, fewer homes were for sale in Massachusetts than at any time in the last 23 years, helping send the median single-family and condominium sale prices to record highs for yet another month.
Wynn to Sell Encore Real Estate for $1.7B
Wynn Resorts will sell its Everett resort casino to a San Diego real estate investment trust and use the windfall to pay for new developments and retire debt.
Report Warns of Century’s Worth of Sea Rise in 30 Years
The report “is the equivalent of NOAA sending a red flag up” about accelerating the rise in sea levels, an expert said.
Settlement for Company in Mortgage Education Fraud Scheme
The owner of a California-based mortgage education course provider has agreed to cooperate with state agencies investigating loan originators who allegedly avoided taking required classes to maintain their mortgage licenses.
Assembly Row Announces Nine Arrivals, Apartment Rent Growth
Assembly Row developer Federal Realty Investment Trust will add seven new tenants this summer at its 500,000-square-foot retail component.
New Brokerage Opens in East Boston
A new brokerage has opened its doors in East Boston’s Orient Heights section, aiming to help first-time buyers and real estate investors.
T Breaks Ground on Electric Bus-Ready Garage in Quincy
Federal, state and local officials met up in Quincy to ceremonially break ground on a future MBTA bus maintenance garage on the site of a former big-box store, paid for in part by the Biden administration’s bipartisan infrastructure deal.
‘Our Credibility Is on the Line’: Fed Officials Agree on Rate Hike, Little Else
A worsening inflation picture has touched off a range of opinions from the Federal Reserve’s policymakers about just how fast they should raise interest rates beginning at their next meeting in March.
Cambridge Savings Bank Backs Boylston Last-Mile Development
Cambridge Savings Bank provided $38.7 million in construction financing for a nearly 400,000-square-foot last-mile distribution center in Boylston.
Personnel File – No. 273
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
NU Seeks to Add 930 Dorm Beds
Amid delays in approval of its Columbus Avenue residential tower, Northeastern University is seeking to add approximately 930 beds to a pair of existing dorms in Roxbury and the Fenway.
Zillow Plans Better Mortgage Offerings in ‘Housing Super App’
Listings portal site Zillow is telling investors it plans to build a “housing super app,” an ambition that rests in part on attracting more sellers to its platform.
Two Years After Report, T Safety Effort Still Work in Progress
Two-thirds of the recommendations an independent panel laid out to address safety deficiencies at the MBTA have been implemented, while a handful of suggested reforms remain on hold in part due to the COVID-19 pandemic, officials said Thursday.
Crypto, Rocket Mortgage Splurge on Super Bowl Commercials
Off the field, Super Bowl advertisers were in a tough competition of their own, with big names in cryptocurrency and mortgage lending among the firms shelling out $7 million to reach sports fans.
Athletic Footwear Company Pioneers Leasing at The Beat
A Boston-based footwear company founded by former Reebok employees is the first tenant to commit to redevelopment of the former Boston Globe headquarters.
Peter Rice Named Hanscom FCU’s Next Leader
Workers Credit Union’s former chief banking officer, Peter Rice, has been named president and CEO of Hanscom Federal Credit Union.
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