by Banker & Tradesman | May 8, 2024
The process of buying a house may seem foreign to someone who is doing it for the first time. Without knowing all the mortgage lingo or documents, it can feel scary signing your name to something. That’s why Webster First has tried to break down the process in a simple way that first time buyers can understand.
by Steve Adams | May 8, 2024
Greater Boston’s apartment market has the highest rent increases among the 30 largest metro areas in the U.S., reflecting increases in both the high-end and “rent-by-necessity” categories.
by The Associated Press | May 8, 2024
An independent review of the Federal Deposit Insurance Corp.’s workplace culture describes an environment that fostered “hostile, abusive, unprofessional or inappropriate conduct.”
by Steve Adams | May 8, 2024
A partnership that owns a Peabody distribution center leased to an e-commerce company refinanced its debt with $52.7 million from MassMutual’s Barings subsidiary.
by Cassidy Norton | May 8, 2024
NAR Chief Economist Lawrence Yun said he expects interest rates to fall in the long term, and that home sales will rise this year and continue to increase next year.
by Colin A. Young | May 8, 2024
The Massachusetts economy “seems fairly healthy on balance” one quarter into 2024, but gross state product and job growth have both slowed recently.
by Banker & Tradesman | May 7, 2024
Existing homeowners continue to reap the benefits of historically strong price gains.
by Steve Adams | May 7, 2024
A Southborough-based real estate developer wants to rezone a Marlborough office park to allow construction of residential condominiums.
by Steve Adams | May 7, 2024
WeWork locations totaling nearly 275,000 square feet in downtown Boston and Back Bay would remain open under a motion submitted in the coworking provider’s bankruptcy case.
by The Associated Press | May 7, 2024
Redfin has agreed to pay $9.25 million to settle federal lawsuits that claim U.S. homeowners were saddled with artificially inflated broker commissions when they sold their home as a result of longstanding real estate industry practices.
by Colin A. Young | May 7, 2024
Gov. Maura Healey and AG Andrea Campbell have recently focused more on the towns doing what is expected of them rather than warning of the punishments on the table.
by Banker & Tradesman | May 6, 2024
Steward Health Care, the operator of the third largest hospital system in Massachusetts, filed for Chapter 11 bankruptcy in Texas, seeking the legal protection to restructure its debt while leaving its hospitals open.
by Banker & Tradesman | May 6, 2024
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s The Personnel File.
by Steve Adams | May 6, 2024
After imposing carbon emissions-cutting requirements on existing commercial buildings, the city of Boston is planning to add zoning regulations applying to new construction starting in January 2026.
by Steve Adams | May 6, 2024
Massachusetts Port Authority awarded a $40 million contract to Skanska USA Building for a scheduled 2-year-long parking garage renovation project that will begin this summer.
by Banker & Tradesman | May 5, 2024
Participatory budgeting is putting money where the community’s mouths are. It is an investment, particularly in working-class communities of color across our city, which too often see a lack of investment and deterioration of neighborhoods.
by Scott Van Voorhis | May 5, 2024
Why did Wynn’s seeming long shot bet on an Everett casino pay off big-time while MGM’s grand hopes to turn Springfield into a casino resort mecca ingloriously fizzled?
by Banker & Tradesman | May 5, 2024
Empowering more small, local developers can create the multifamily housing we need, build local wealth and close equity gaps in the process.
by Lew Sichelman | May 5, 2024
Nothing is more devastating to homebuyers than to search for months and finally find the place they want, only to be rejected by their chosen lender. But it happens to 1 in 10 applicants.
by Steve Adams | May 5, 2024
Museum of African American History CEO Noelle Trent is taking stock of her organization’s many historic Boston properties as the oldest reach their 230th birthday next year.