Lexington Office-Lab Development Sold to North River Co.
By Steve Adams | Banker & Tradesman Staff | Jul 29, 2021 | Reprints | Unlock Link 
A Lexington property that’s being redeveloped as 345,000 square feet of office and lab space has been acquired by New York developer North River Co. for $38.7 million.
Citizens to Acquire NJ-Based Investors Bank
By Diane McLaughlin | Banker & Tradesman Staff | Jul 28, 2021 | Reprints | Unlock Link
Providence-based Citizens Financial Group Inc. has agreed to acquire New Jersey-based Investors Bancorp Inc. in a deal valued at $3.5 billion.
Mayoral Candidates Criticize Waterfront Development Plans
By Steve Adams | Banker & Tradesman Staff | Jul 28, 2021 | Reprints | Unlock Link
Two Boston mayoral candidates and a state representative spoke against the continuing effort to rezone the downtown waterfront and the Chiofaro Co.’s Pinnacle skyscraper proposal, criticizing the development plans for insufficient resiliency and social equity.
SBA to Launch PPP Forgiveness Portal for Smaller Loans
The U.S. Small Business Administration will launch a portal next week that will let borrowers with Paycheck Protection Program loans of $150,000 or less apply for forgiveness directly through the SBA.
Hanover Insurance Reports 2Q Net Income of $128.5M
Worcester-based The Hanover Insurance Group Inc. reported net income of $128.5 million in the second quarter of 2021.
CDC Recommends Masking up Again in Many Public Indoor Spaces
In parts of the country where the Delta variant is fueling a surge of COVID-19 cases, including in parts of Massachusetts, even people who are fully vaccinated against the virus should go back to wearing a mask when in public indoor spaces.
Fewer Refis Dings HarborOne’s Q2 Income
By Diane McLaughlin | Banker & Tradesman Staff | Jul 27, 2021 | Reprints | Unlock Link
HarborOne saw second quarter earnings increase about 35 percent over the same quarter last year, but a decline in mortgage refinance activity has affected the bank’s income.
Report: 1 in 3 Boston-Area Home Listings Asks Over $1M
Jul 27, 2021 | Reprints | Unlock Link
A new report from Yardi-owned listings portal Point2 Homes says 34,8 percent of home listings – condominium and single-family combined – in the Boston area had asking prices above $1 million.
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