Former Bank Employee Charged with Embezzlement
A former bank employee was indicted yesterday in federal court in Worcester in connection with embezzling money from client accounts.... 
Brookline Developer Acquires Three Boston Pub Properties for $8.6M
Three properties that are home to bars with long histories in Boston have been sold to a Brookline-based investor group for $8.6 million....
DOB Reports Actions in June
The Massachusetts Division of Banks reports branch activity in June....
Industrial/Flex Building in Agawam Gets $2.3M in Acquisition Financing
Fantini & Gorga has arranged a $2.3 million first mortgage for the acquisition of a multitenant industrial/flex building in Agawam. ...
Developer Eyes Boston City Hall Annex Property for 61-Story Tower
A South Boston developer has submitted designs for a 61-story office and residential tower above Boston’s City Hall Annex after the city asked for ideas how to generate affordable housing at municipal properties....
Riverwalk Adds 55 Market-Rate Apartments
A new market-rate apartment complex boosts the residential component of Lawrence’s 3.6-million-square-foot Riverwalk mixed-use mill redevelopment up to 255 units....
Senate Negotiator Sees Deals on Short-Term Rental, Data Protection Bills
Conference committees negotiating on short-term rental regulation and consumer data protection bills are close to producing agreements, according to a senator serving on both panels. ...
Community Good Works
Reading Cooperative Bank Reading Cooperative Bank donated $1,250 to North Reading’s Flint Memorial Library. The Cooperative Bank of Cape Cod The Cooperative Bank of Cape Cod and The Arts Foundation of Cape Cod have awarded $1,000 in scholarships through the Positively Different Scholarship Program for the seventh year in a row. Caro...
Six HMOs Provided $188M in Community Benefits
Six Massachusetts health maintenance organizations (HMOs) provided more than $188 million in community benefits for state residents in fiscal year 2017, according to reports from the office of Attorney General Maura Healey. ...
CLF Files Suit Against State Over Waterfront Development
State environmental officials face a new lawsuit challenging its approval of waterfront development in Boston. ...
LATEST BLOGS
Weighted Assets
Banks Embrace Local Entrepreneurship
Community banks and credit unions see themselves as an extension of the communities in which they operate, and for the most part, they really are....
Total Absorption
Nine Zero Hotel Gets Clubby New Feel
Owners of the Kimpton Nine Zero hotel sought to refresh the property with a nod to Boston history while steering clear of the local cliches....
Housing Scene
Guest Post: Imminent NFIP Lapse Will Mean Trouble For Homebuyers In Flood Plains
If there is one thing that 2017 has taught us, it’s that uncertainty is certain. From international dealings to domestic policy, no time has been as uncertain as now. There’s no exception when...
Commercial Interests
HUD Takes Aim at Local Zoning Restrictions
A pair of smug NPR commentators recently took the Trump Administration’s cabinet chiefs to task for their lack of relevant experience....
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