BU Reveals New Face for Warren Towers
Boston University is preparing to update the city’s largest dorm complex which houses 1,800 undergraduates.
Boston University is preparing to update the city’s largest dorm complex which houses 1,800 undergraduates.
A report commissioned by the Healey administration estimates the governor’s $4.1 billion housing bond bill will produce tens of thousands of new homes and generate $24.8 billion in economic activity, roughly 30,000 jobs, and $750 million in state tax revenue over five years.
Rollstone Bank & Trust has appointed a new chief operating officer and promoted five other employees in the bank.
The deal in the two lawsuits, known as “Sitzer/Burnett” and “Batton 2” after their plaintiffs, also calls on Keller Williams to take several steps aimed at providing homebuyers and sellers with more transparency over the commissions paid to real estate agents.
Brookline Bank has grown its loans by 26 percent from the fourth quarter of 2022 to the fourth quarter of 2023 and is looking to grow its loan portfolio more this year as large banks pull back their lending in New England markets.
A residential brokerage claims the developer of the St. Regis Residences Boston owes over $1 million in unpaid commissions from sales that it brokered before being replaced in 2022.
The developer that acquired the shuttered Silver City Gallery mall in Taunton will begin the first phase of a 147-acre business park after obtaining financing from BMO Harris Bank.
Investors and some economists had been holding out the possibility that the Fed might cut as early as its next meeting in March. That now appears off the table.
Lowell-based Enterprise Bank saw net income in the fourth quarter decrease to $7.9 million from $9.7 million in the third quarter as the cost of high-interest deposits– primarily in its money market and certificates of deposit products – offset the gains from yields in assets.
Boston Properties CEO Owen Thomas said the office REIT sees “significant opportunities” for acquisitions and development in 2024 as the office sector falls out of favor among institutional investors and values drop.
HarborOne Bank recorded a net loss in the fourth quarter of the year as a challenging mortgage market forced it to record a goodwill impairment charge at its mortgage company subsidiary.
Greater Boston’s largest lab landlord said vacancies in its local portfolio topped 7 percent in the fourth quarter, but a revival in life science industry expansion plans points to growth in 2024.
The head of the BPDA said the city had been pressuring the operator of the Faneiul Hall Marketplace to invest money in the historic landmark or face legal consequences before the asset’s sale was announced.
Fresh off its acquisition of a Provincetown brokerage earlier this month, Boston residential real estate brokerage Gibson Sotheby’s International Realty announced it has bought Unlimited Sotheby’s International Realty.
Sixteen percent said in a new survey that they may lower small business lending due to anticipated higher costs from the rule.
The most comprehensive database of Massachusetts’ affordable housing inventory spotlights the use of age-restricted housing to maintain racial segregation, its creators say.
Cambridge Trust recorded a $2.7 million decline in non-interest, non-recurring expenses which resulted in a higher net income in the fourth quarter.
Gov. Maura Healey is still waiting for the legislature to act on her big housing bill, but she paused Monday to swear in two panels of developers, municipal leaders and advocates Monday, charged with charting more housing production reforms.
Boston-based Alinea Capital Partners will develop 52 affordable apartments at a former Registry of Motor Vehicles property in downtown New Bedford after closing on $16.4 million in financing.
Boston Mayor Michelle Wu took another step forward in her plan to bring the city’s planning and development arm more firmly under the control of elected officials.