A New Face in a Familiar Place

After his last employer merged with a major local competitor, Steven Mead now finds himself back leading commercial lending at a medium-sized community bank: East Cambridge Savings Bank.

It’s a Messy Market for Mass. CRE Lenders

Delinquent loans are ticking down, but the volume of charged-off loans is rising and economic uncertainty has made some banks and borrowers hit “pause.” Welcome to the 2025 commercial real estate lending market.

Boston downtown streets at sunset - Lincoln Street

Regulators Allow for Short-Term Troubled CRE Loan Mods

A top real estate industry trade group got to take a victory lap last week as federal banking regulators announced some rule changes around how banks will be required to deal with a wave of office loans that are maturing just as future demand for office space looks shaky.