Another attempt to overhaul the Community Reinvestment Act moved forward yesterday as the Federal Reserve released its proposal to modernize the legislation that encourages financial institutions to meet community credit needs.
Callahan Construction Managers has resumed site work in West Roxbury at the site of an 254-unit apartment complex being developed by Lincoln Property Co.
State and federal officials have not settled on a preferred design for a years-long megaproject in Allston, and are extending the review process to further analyze possible construction layouts and to allow more time for public feedback.
A partnership of Wheelock Street Capital and The Seyon Group has made its 27th acquisition of industrial real estate, paying $30.1 million for a Peabody warehouse.
Buyers with a keen eye for local history beware: You may face lots of competition in bidding for a Fall River home that’s just hit the market.
Massachusetts’ senior senator is calling for greater regulation of banks in the wake of new revelations that megabanks have continued to profit from money laundering and other illicit dealings despite warnings from regulators.
The developer of an 18-story office building in Boston’s Seaport District is adding lab-ready designs to reflect the changes COVID-19 has forced in the commercial real estate market.
Eastern Bank edged ahead of Rockland Trust Company as the Massachusetts-based community bank holding the most deposits, according to the FDIC’s annual Summary of Deposits survey.
A new report from CoreLogic finds that only 2.9 percent of mortgaged Massachusetts residential properties were underwater on their loans in the second quarter of this year.
Worcester officials say a planned five-building development accompanying the under-construction Polar Park AAA baseball stadium will be delayed by a year or more and will lose about half its hotel rooms.
New York City developer SilverBrick Group is proposing to buy a Worcester office building from downtown landlord Commerce Assoc. and convert it to 312 units of housing.
The return of college students from around the world to the many campuses and college towns in Massachusetts has been the source of much concern in recent weeks.
A nonprofit development team has unveiled its vision for transforming a portion of one of Boston’s public housing complexes into a mixed-income development, adding 437 apartments in seven new buildings.
A former top executive at Berkshire Bank who left in the wake of former CEO Richard Marotta’s sudden departure this summer has landed at MIT’s Sloane School of Management.
Massachusetts employers added 51,600 jobs in August as the statewide unemployment rate dropped nearly 5 percentage points, bucking a two-month trend of the Bay State bearing the highest jobless rate in the country.
A husband-and-wife team that operates a commercial kitchen in Somerville’s Union Square will bring a restaurant and shared culinary workspace to the new Graphic Lofts development in Charlestown.
There are more than 300 more active cases of COVID-19 in Massachusetts this week than there were last week and the rate at which new cases are being diagnosed continues to outpace the rate at which people are recovering.
Developers and public entities can tap into $3 million in funding for site preparation in the latest round of the state’s Site Readiness Program, which provides funding for land acquisition and soft costs related to projects.
A former senior adviser at American Express Co. has resigned from the Webster Bank board of directors just three months after joining, citing a potential regulatory conflict.