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| Aquinas College, a former Catholic institution in Newton, is being put on the sales block by the Sisters of St. Joseph. |
Aquinas College May Provide a Heavenly Deal for Investors
By Joe Clements
A school is out in Newton – out for sale. The shuttered Aquinas College is being made available by the Sisters of St. Joseph, an Allston-based Catholic order that owns the campus near Newton Corner. Wyman Street Advisors of Waltham has been retained to peddle the asset, principal Charles E. Batchelder Jr. acknowledged last week.
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Testing of Local Lenders Points to Discrimination
By Andrea Gregory
A black woman recently visited a Boston-area bank, seeking a mortgage. She was told her credit score of 670 was below average and the closing fee would be $8,000 to $9,000. When the woman still appeared interested, the bank representative told her the institution mainly focused on commercial lending, and residential mortgages weren’t really its specialty.
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Davis Cos. Changing Its Name
By Joe Clements
The Davis Cos. marquee now features a Marcus. Reflecting a lengthy partnership between Chief Executive Officer Jonathan G. Davis and President Paul R. Marcus, the Boston-based real estate firm is recasting its name as Davis Marcus Partners. Effective this week, the switch is being done in conjunction with a series of other strategic moves, including a new Web site and broadening of the company’s horizons into other markets.
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Home Sales Fall, Prices Level During Year’s First Quarter
By Aglaia Pikounis
Sales of single-family homes and condos across the Bay State fell during the first quarter, while home prices leveled out – a signal that the robust appreciation of previous years won’t be evident this year, according to industry experts.
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Amendments Make It Easier for Banks to Offer Insurance
By Andrea Gregory
The rules have changed, making it easier for banks to sell insurance. A series of amendments went into place on April 21, putting a final end to an argument by local bankers who said a handful of regulations put state-chartered banks at a disadvantage when trying to sell insurance. The changes resulted from a court ruling last year that decreed four provisions of Massachusetts law were preempted by the federal Gramm-Leach-Bliley Act.
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Workshops Offered as Part of First Latino Home Expo
By Aglaia Pikounis
After seeing a significant spike in the number of foreclosures in Lawrence last year, a nonprofit community development group is planning to step up its efforts to educate city residents interested in purchasing homes.
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