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151 Apartments Sought in Expansion of JP Commercial Building

By Steve Adams | Banker & Tradesman Staff | Nov 25, 2020 | Reprints | Unlock Link

A Jamaica Plain restaurant supplier’s property is the latest potential proving ground for Boston’s compact living program.

Newburyport TOD Gets $19.3M in Financing

Nov 25, 2020 | Reprints | Unlock Link

Financing from Rockland Trust Co. and Newburyport Bank is supporting a 76-unit transit-oriented development scheduled to open next to the MBTA commuter rail’s Newburyport station in early 2021.

Next Phase of Alewife Redevelopment Ready to Begin

By Steve Adams | Banker & Tradesman Staff | Nov 24, 2020 | Reprints | Unlock Link

The Davis Cos. is set to break ground on the next 155,000-square-foot phase of its Quad campus in early 2021 after attracting South Boston-based Gingko Bioworks to the West Cambridge portfolio.

Randolph Apartment Complex Sold for $130.25M

Nov 24, 2020 | Reprints | Unlock Link

A large Randolph apartment complex has been acquired by a Chicago multifamily investor that specializes in middle-income housing acquisitions.

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OCC Looking to Build New CRA Measurements

By Diane McLaughlin | Banker & Tradesman Staff | Nov 25, 2020 | Reprints | Unlock Link

The regulator wants feedback from banks before creating new performance standards for its controversial revamp of the anti-redlining law.

Troubled Gym Chain BSC Sued By Mass. AG

By The Associated Press | Nov 25, 2020 | Reprints | Unlock Link

The gym chain allegedly continued to charge membership fees even after closing its facilities in March because of the coronavirus pandemic, then failed to refund those fees when requested.

State Still Deciding Who Gets COVID Vaccine First

By State House News Service | Nov 25, 2020 | Reprints | Unlock Link

Promising clinical trial results for three potential COVID-19 vaccine are fueling the debate about when people may actually get vaccinated, and Gov. Charlie Baker said Monday that he expects activity to start early next year and ramp up from there.

Nonprofit Delivers Virtual STEM Lessons from New Beverly HQ

Nov 25, 2020 | Reprints | Unlock Link

A nonprofit that received a $100,000 grant from the philanthropic arm of Cummings Properties in 2013 is one of the Woburn developer’s newest tenants.

Conforming Loan Limit in Greater Boston Raised to $724,500

By Diane McLaughlin | Banker & Tradesman Staff | Nov 24, 2020 | Reprints | Unlock Link

The maximum conforming loan limit for mortgages to be acquired by Fannie Mae and Freddie Mac will increase by almost 7.5 percent in 2021.

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Weighted Assets

Avidia Shows How Relationship Between Banks and Fintechs May Shift

Hudson-based Avidia Bank made a bold move last month, becoming the first community bank in the country to join The Clearing House’s real-time payments network and in the process showing how the relationship between fintechs and banks may soon start to shift.