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
by Diane McLaughlin | Jan 9, 2022
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
by Steve Adams | Feb 26, 2021
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
by Steve Adams | Mar 10, 2020
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
by Banker & Tradesman | Jul 30, 2017
Bank of New England is trading in one type of green for another.
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