Student Housing Operator Buys Gateway Parcel in Fenway
By Steve Adams | Banker & Tradesman Staff | Apr 22, 2019 | Reprints | Unlock Link 
Private student housing developer Scape has acquired its second property in Boston, this time paying $39 million for a Fenway property where another developer had proposed a 29-story tower that drew objections from the Boston Red Sox and neighborhood groups.
Webster Bank Purchases Residential RE Loan Portfolio in Eastern MA
By Bram Berkowitz | Banker & Tradesman Staff | Apr 22, 2019 | Reprints | Unlock Link
The parent company of Webster Bank reported a profitable first quarter to start the year and the closing on a purchase of a large residential real estate portfolio in Eastern Massachusetts.
National Development Pays $12.68M for Parts of Three South Boston Blocks
Apr 19, 2019 | Reprints | Unlock Link
Newton-based National Development has bought another parcel at the intersection of Old Colony Avenue and Dorchester Avenue in South Boston as it continues assembling property for what is expected to be another large project.
Cambridge Trust Closes on Acquisition of New Hampshire Bank
By Bram Berkowitz | Banker & Tradesman Staff | Apr 19, 2019 | Reprints | Unlock Link
The parent company of Cambridge Trust has completed its purchase of Portsmouth, New Hampshire-based Optima Bank & Trust.
State’s Population Growth Focused in Boston, North and West Suburbs
Most of Massachusetts’ population growth since 2010 has been focused in Suffolk, Middlesex and Essex counties, according to U.S. Census Bureau data released late last week.
87-Unit Project Proposed for West Roxbury
A developer is proposing a housing development just off of VFW Parkway in West Roxbury.
Cambridge Rep. Calls for Capital Gains Tax to Fund Transit
A state representative from Cambridge wants to raise the state’s capital gains tax in order to generate more than $1 billion in new revenue for the state each year, but at least one fiscal watchdog worries that could backfire by discouraging investment.
Rental Voucher Program Could Ease Affordable Housing Crunch, Advocates Say
Amid growing warnings about declining access to affordable housing in Massachusetts, advocates are urging lawmakers to ramp up investments in key programs beyond what was already proposed in the state House leadership budget.
Personnel File
Who’s been promoted? Who’s been hired? See the latest personnel moves in the banking and commercial real estate industries in this week’s Personnel File.
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