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 ...

IFS

IFS Middleton Office Exceeds $100M Deposits In 9 Months

The Institution for Savings’ new Middleton office recently exceeded $100 million in deposits in under a year since it opened, the bank announced today. “While we enthusiastically embrace and encourage alternative banking channels such as Internet and mobile banking, I firmly believe that conveni...

Commodore Builders prepared and served a dinner for over 100 women and children at Rosie’s Place in Boston.

Community Good Works

Bay State Savings Bank, Massachusetts Bankers Association, Members Plus Credit Union and more are featured in our weekly roundup of organizations giving back to their communities.     Bay State Savings Bank On Feb. 12, Bay State Savings Bank will conduct its 12th Annual $5,000 Dig for Cash...

lynne

Clinton Savings Bank Hires Two For Commercial Lending

Clinton Savings Bank has announced the hiring of two new members to its commercial lending department. Jeanine Connolly will join as vice president and commercial relationship manager, and Lynne McCormack will return to Clinton Savings Bank as assistant vice president and portfolio manager. Connolly...


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...

TRIAD Engineering Moves To Lynnfield

TRIAD Engineering has relocated from Burlington and leased space in Lynnfield. The engineering staffing agency will occupy 2,644 square feet at a class A location at 6 Kimball Lane. There is a 5 percent vacancy rate in the building. Tim Brodigan, Greg Klemmer, Rob Glor and Dan Driscoll of Colliers International, Boston represented the landlord,...

Cornerstone Realty Capital Provides Financing For Apartment Acquisition

Cornerstone Realty Capital has arranged $23.25 million in financing for the acquisition of a Somerville apartment complex. Alpha Management will acquire Spring Hill Apartments on Summer Street. The three-building complex contains 106 units – a mix of studio, one-, two-, three- and four-bedroom apartments. The units will be renovated with new gran...

Mass. Bankers Relaunch Crime-Fighting Site MassMostWanted

The Massachusetts Bankers Association and law enforcement officials this week relaunched their popular crime-fighting site, MassMostWanted, updating the site with mobile functionality, social media integration and more. “The program’s been extremely successful. It gets nearly 3 million hits per year; it’s been a continuous source of leads for...


 

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...