Veolia

Downtown Boston Parcel Eyed For 2M SF Development

A 5.5-acre state-owned parcel near Boston’s South Station will be made available for up to 2 million square feet of development as city and state officials ramp up their efforts to stimulate housing production. The property at the corner of Atlantic Avenue and Kneeland Street contains an office bu...

iStock_000004273718Medium

National Foreclosure Rate Down, Smallest Inventory Since 2007

Nationwide foreclosure rates continued to slide downward in December 2015, according to a report released today by CoreLogic, a global property information provider. The foreclosure inventory declined by 23.8 percent and completed foreclosures declined by 22.6 percent compared with December 2014, ac...

Stoneham BofA Robber

Stoneham BofA Branch Robbed

Stoneham Police are actively searching for a man involved in a bank robbery yesterday morning on Main Street. At approximately 10:20 a.m. on Monday, police responded to a report of a robbery at the Bank of America on 323 Main St. Video surveillance shows the suspect give a female bank teller a handw...

100 Federal St.

Bank Of America Shrinking Footprint At 100 Federal St.

Bank of America is reducing its office footprint at 100 Federal St. in Boston by 137,000 square feet, as landlord Boston Properties reconfigures space in the 37-story tower to make room for new anchor tenant Putnam Investments. In January, Putnam leased 250,000 square feet in the office tower for a ...

19 Cumberland Street

Back Bay Apartment Complex Changes Hands

An apartment building in Boston’s Back Bay neighborhood has sold for $463,889 per unit. The nine-unit 19 Cumberland St. sold for a total of $4.175 million. The building was purchased by Bonsai Limited LLC. Originally constructed in 1888, the building features five studios, three one-bedroom units ...


HSBC, AG Reach $750M Settlement

The national mortgage lender and servicer HSBC and the attorney general’s office have reached a $470 million joint state-federal settlement to address mortgage origination, servicing and foreclosure abuses. The settlement will provide direct payments to many Massachusetts and Connecticut borrowers and higher mortgage servicing standards and compl...

Davis Cos. Hires CRE Vet As Investment SVP

The Davis Cos. has hired Nicholas Skiadas as senior vice president of investments. Skiadas brings nearly 20 years of experience in sourcing, underwriting and transaction execution of commercial real estate investments. He has acquired more than $1.25 billion of multifamily, industrial and office assets across 12 major markets and led the dispositio...

TD Bank Hires Macdonald

TD Bank has named Scott D. Macdonald as vice president and relationship manager for commercial banking in Burlington. In his new role, he will manage a large commercial portfolio and provide a range of lending and deposit services to mid to small-sized companies across Essex County on the North Shore in Greater Boston. Macdonald has...

Former Holyoke Man Sentenced For Fraud To Obtain Government Benefits

A former Holyoke man was recently sentenced in Springfield for fraudulently using another person’s identity to obtain governmental benefits. Eddie Saez was sentenced to two years in prison, three years of supervised release and ordered to pay restitution of $76,288 to the Social Security Administration, $83,865 to Massachusetts’ Executive Offic...


 

LATEST BLOGS

Laura Alix

Weighted Assets

A Conversation With Webster

A few weeks ago, I had the chance to talk by phone with three of Webster Bank’s leadership team about the Waterbury, Connecticut bank’s upcoming move into Boston. I was talking to them for article...

Scott Van Voorhis

Commercial Interests

Tax Bills On The Rise

Sky-high tax bills are shaping up as a major downside of all those soaring Boston tower prices, which have been shattering records right and left. The taxman is hardly haunting the dreams of all the d...