BPDA Approves 230-Room Hotel, 81 Affordable Units

Boston Planning and Development Agency directors approved a 230-room hotel at the site of a former Leather District nightclub and 193 housing units, including 81 income-restricted units....

Century Bancorp, the holding company of Century Bank, continued to increase commercial and industrial lending, while also reporting double-digit income growth in the third quarter of this year.

Century Bank Reports Profitable Q3 Despite CRE Dip

Medford-based Century Bank had a profitable third quarter of the year, but saw total commercial real estate volume decline on an annual basis....

Two Marlborough Properties Sold for $18.1M

Calare Properties has sold two properties in Marlborough for $18.1 million. The buildings at 261 Cedar Hill St. and 753 Forest St. contain a combined 138,404 square feet of industrial flex and office space....

MassDEP Announces New Campaign to Combat Growing Stormwater Pollution Problem

The Massachusetts Department of Environmental Protection (MassDEP) has partnered with the Statewide Stormwater Coalition to launch a stormwater awareness campaign to help Massachusetts cities and towns comply with new federal stormwater management requirements....

Hornsea Divestment Limits Financial Impact of Orsted’s U.S. Investments

Orsted's acquisition of Deepwater Wind, a move designed to strengthen the company's position in the U.S. offshore wind market, is positive from a business risk perspective but will have a negative impact on Orsted's leverage...


Personnel File

In this week’s Personnel File, banks, construction companies and law firms bolster their ranks with new hires and promotions....


 

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