Massachusetts Real Estate & Financial News

Rockland Trust’s Size Could Limit Future M&A to Bigger Deals

By Diane McLaughlin | Banker & Tradesman Staff | Jan 24, 2022 | Reprints | Unlock Link

Rockland Trust plans to continue focusing on areas in and around its current market when considering its next bank acquisition, but the bank’s growing size could limit future opportunities.

Fannie, Freddie Forecast Housing Price Slowdown in 2022

By James Sanna | Jan 24, 2022 | Reprints

Fannie Mae’s and Freddie Mac’s respective economic forecast teams have issued their 2022 predictions, and both foresee a leveling off of last year’s meteoric home price growth across the nation’s housing markets.

Hazy Directions on the Path Back to the Office

By Steve Adams | Banker & Tradesman Staff | Jan 23, 2022 | Reprints | Unlock Link

Data that tracks the movements of cell phone users tells a stark story of two workplace cultures in the COVID era. Employee and visitor foot traffic at life science building is significantly above that leased to traditional downtown office tenants.

Needham Bank Plans to Grow Cannabis Banking

By Diane McLaughlin | Banker & Tradesman Staff | Jan 23, 2022 | Reprints | Unlock Link

Rather than keep the marijuana banking business it acquired bybuying Century Bank, Boston-based Eastern Bank has decided to transfer the business unit – but not to one of the banks already operating in the space.

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Pfizer Begins Trials of Omicron Booster

By The Associated Press | Jan 25, 2022 | Reprints

Pfizer has begun a study comparing its original COVID-19 vaccine with doses specially tweaked to match the hugely contagious omicron variant.

Small Biz Owners Fear ‘Millionaires Tax’ Will Dent Nest Eggs

By Colin A. Young | State House News Service | Jan 25, 2022 | Reprints

A handful of business owners from various sectors are saying the proposed surtax on income over $1 million would affect more than the super-wealthy.

Personnel File – No. 270

Jan 24, 2022 | Reprints

From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.

Arts Chief Asks IQHQ to Save Brighton Rehearsal Space

By Steve Adams | Banker & Tradesman Staff | Jan 24, 2022 | Reprints | Unlock Link

Boston’s arts and culture chief is asking developer IQHQ to retain music rehearsal and recording space at a Brighton property it’s planning to demolish for a 409,395-square-foot life science campus.

Embattled Homeless Housing Development Finally Breaks Ground

Jan 24, 2022 | Reprints

An affordable housing project for the homeless in Boston’s Jamaica Plain neighborhood has finally broken ground after seeing off legal challenges from a neighboring commercial landlord.

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Weighted Assets

Survey Shows Transformation of Business, Consumer Banking Customers

Almost three-quarters of Greater Boston consumers and businesses said the pandemic has permanently changed how they interact with financial institutions, according to a recent survey by Citizens Bank.

Total Absorption

Residents Seek to Buy and Preserve Fenway Roominghouse

Longtime residents of a Fenway roominghouse are seeking to acquire the property to maintain its historical use as affordable housing for women and prevent a potential sale to a for-profit developer.

Housing Scene

Weather Weighs on Insurance, Home Lending Decisions

The cost of homeowners insurance is on the rise, and not just because property values went up – almost 20 percent across the board – during last year’s homebuying frenzy.

Commercial Interests

In Greater Boston Office Market, a Tale of Two Beltways

Home prices in suburban Boston have surged during the pandemic, with disenchanted urbanites and others looking for more space to spread out. But it's had only a limited impact, if that, on the commercial real estate market in Greater Boston’s sprawling suburbs.