Back Bay Office-Retail Project Gets $56M in Financing
Construction of a Back Bay office-retail complex will begin this month after a pair of New England banks provided $56 million in financing.
This Month in History: Failure of the Bank of New England
Less than a week after the start of a credit union crisis in Rhode Island, Bank of New England, Connecticut Bank and Trust, and Maine National Bank – were seized by the FDIC in what was then the third-larges bank failure in U.S. history.
Rhino Plans Repositioning Following Metro North Acquisition
Boston-based Rhino Capital Advisors is expanding its portfolio of commercial properties north of Boston with the acquisition of a two-building complex in Billerica.
100 Shawmut Developer Says Presales Strong
The developer of a 138-unit luxury condo tower in Boston’s South End says presales activity has been strong ahead of its scheduled completion this fall.
Editorial Cartoon
Bank of New England is trading in one type of green for another.
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