
Beat-Up Banks Leave Real Estate Waiting
Last week’s bank earnings reports confirm: It’s going to be a long wait before projects will be able to find ready financing again.
Last week’s bank earnings reports confirm: It’s going to be a long wait before projects will be able to find ready financing again.
Silicon Valley Bank is starting to spool up the combined entities’ wealth management business and targeting a total of $23 billion in assets under management by the end of the year.
With bankers from Silicon Valley coming to Boston following the latest bank merger, someone’s in for a shock.
The mergers and acquisitions transforming the Massachusetts banking industry this year will also have a significant effect on another group: the community development organizations that partner with banks on affordable housing and lending programs.
Community Charter School of Cambridge will use MassDevelopment bond proceeds to purchase land and three buildings in Kendall Square.