Multifamily Projects Return to Framingham After Moratorium
By James Sanna | Banker & Tradesman Staff | Jul 5, 2022 | Reprints | Unlock Link 
The first large apartment complex has been proposed in Framingham since the city’s 15-month multifamily development moratorium expired.
New Regs Add Health Worries to Development Reviews
By Steve Adams | Banker & Tradesman Staff | Jul 3, 2022 | Reprints | Unlock Link
New state regulations designed to protect marginalized populations from environmentally-harmful projects are expected to add delays and additional project costs for commercial developers, particularly in the booming e-commerce distribution sector.
BankProv Expands BaaS Reach
By Diane McLaughlin | Banker & Tradesman Staff | Jul 3, 2022 | Reprints | Unlock Link
The $1.79 billion-asset Amesbury-based lender is finding opportunity with a type of financial service a growing number of banks are looking to offer to the fintech industry.
An Evolving Approach to the Entitlement Process
By Steve Adams | Banker & Tradesman Staff | Jul 3, 2022 | Reprints | Unlock Link
When Dallas-based Hillwood Investment Properties sought to develop a 4.2 million-square-foot campus including a new Amazon distribution facility in North Andover, it turned to John Smolak.
Boston Fed President Begins Tenure
Susan M. Collins began her tenure on Friday as the Federal Reserve Bank of Boston’s new president and CEO.
Envision Bank Shareholders Approve Merger With Hometown
By Diane McLaughlin | Banker & Tradesman Staff | Jul 5, 2022 | Reprints | Unlock Link
Hometown Financial Group’s acquisition of Quincy-based Envision Bank moved a step forward last week after shareholders of Envision Bank’s parent company approved the deal.
Add Rent to Rising Costs Bedeviling Small Businesses
Landlords were lenient about rent payments during the first two years of the pandemic. Now, many are asking for back rent, and some are raising the current rent as well.
Baker Tax Relief Bill Clears Committee Mostly Intact
The Massachusetts legislature’s Revenue Committee advanced a $600 million tax relief package on Friday, but the panel’s House chairman said the measure remains a work in progress.
Mass. Employers Teeter On Edge of Pessimism
Recession and inflation concerns conspired in June to leave Massachusetts employers on the verge of switching to a pessimistic posture.
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