Renters Shopping for Deals Within Cities as Concessions Increase
By Steve Adams | Banker & Tradesman Staff | Oct 30, 2020 | Reprints | Unlock Link 
Apartment landlord Equity Residential is increasing its concessions to renters in Boston and other high-priced coastal markets that have been the most severely-impacted by the pandemic, executives said.
New Tower Proposed in Downtown Crossing
By James Sanna | Oct 30, 2020 | Reprints | Unlock Link
Midwood Investment and Development has taken the wraps off its plans for a second try at developing a largely-vacant downtown Boston site.
Mortgage Activity Drives Q3 Earnings at MA Stock Banks
Oct 29, 2020 | Reprints | Unlock Link
Massachusetts’ stock banks have continued to see positive earnings during the pandemic, with the third quarter giving at least one local bank the best quarter in its history.
Fed Lowers Main Street Loan Amount
In a move aimed at reaching more small businesses, the Federal Reserve Board has reduced the minimum loan amount for the Main Street Lending Program.
Community Good Works
From food pantry donations to charity license plate sponsorships, local lenders gave back to their communities in many ways in recent weeks.
Methuen Man Charged with Four Bank Robberies
A Methuen man has been charged with robbing four Middlesex County banks in August and September, escaping each time on a motorcycle.
New State GDP Data Highlights Rollercoaster Economy
The Massachusetts economy grew at a record pace in the third quarter after an historic fall this spring when the COVID-19 pandemic hit and prompted widespread business closures, but economists say that upswing has started to slow and employment remains well below pre-pandemic levels.
Economy Grows at Record Rate, but Recovery Incomplete Experts Say
By The Associated Press | Oct 29, 2020 | Reprints | Unlock Link
The U.S. economy grew at a record 33.1 percent annual rate in the July-September quarter but has yet to fully rebound from its plunge in the first half of the year — and the recovery is slowing as coronavirus cases surge and government aid dries up.
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