Alternative Lenders Step into Traditional FI Territory
In the early 1990s and parts of the 2000s, it was not unusual for Dan Rosman, principal at Rockland-based DTR Corp., to secure traditional financing on distressed properties that he was looking to fix up. The banks were looking to lend and had more autonomy to do so....
Financial Giants Weigh Office Space Decisions
For a sector that’s lately been overshadowed by tech expansion in downtown Boston, the financial service industry is expected to play an outsized role in some of the biggest upcoming lease transactions....
Gridlock Limits Housing Hunt
Posh suburbs and tony neighborhoods regularly record single-family median sale prices of $1 million or more, while the median sale price in Greater Boston has hit a record $612,000....
Ready to Begin Union Square’s Makeover
After years of community discussions and uncertainty about the timing of the MBTA Green Line Extension, the billion-dollar redevelopment of Somerville’s Union Square is scheduled to break ground this fall. ...
Editorial Cartoon: Traffic Troubles
What two things start with T and are a joke? Traffic and the T....
Doomsday Predictions Over Tax Cuts Have Not Come True – Yet
What if Congress passed a massive tax bill with scary cutbacks in deductions for homeowners – prompting dire predictions of mass property-value declines – but nothing much happened?...
Everything is Terrible
Don’t know if you’ve noticed, faithful Banker & Tradesman readers, but it’s a rough road out there right now....
Hot Property: One Beacon St.
The owners of One Beacon St. have begun construction of an enhanced lobby including an extension of the front of the building toward Beacon Street....
The Value of a Professional Valuation
Is faster and cheaper always better? Many would exclaim, “of course!” but, when it comes to valuing residential real estate the answer should be a cautious “maybe.”...
Embrace the Gig Economy – and Its Workers
The Millennials are at it again, disrupting another staple of American society and bending legacy establishments to their inexorable will. ...
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