Massachusetts Real Estate & Financial News | Banker & Tradesman
Moderna Buys Norwood Campus for $400M. 319-Unit Housing Development Proposed Near Lexington Center. J.D. Power: Bank Customers Reward Fraud Prevention, Resolution. Needham Backs Plan for 3,300 Housing Units. Court Rules Somerville Underpaid, Owes $30M on Inner Belt Property. Community Good Works. Aiming to Shrink Housing Costs, Boston Firms ...
Wall Street Already Picking CRE Winners and Losers Under Trump
11 hours ago · Here are some of the biggest winners and losers, in Wall Street’s eyes, that could affect the real estate and finance worlds: Bank stocks could benefit if Trump’s policies boost the U.S. economy and more customers apply for loans. In addition, Wells Fargo banking analyst Mike Mayo believes the Trump victory can usher in a “new era” of ...
This Week's Paper - Banker & Tradesman
Nov 3, 2024 · By Lew Sichelman | Special to Banker & Tradesman | Nov 3, 2024 | Reprints | Unlock Link. ‘Beetlejuice Beetlejuice,’ the sequel to the 1988 Tim Burton horror comedy, raked in $110 million during its opening weekend in September. But how much would it cost to buy the Connecticut house where most of the movies’ action takes place?...
Lower Interest Rates Haven't Spurred Boston Housing Construction
2 days ago · Also faced with anemic housing construction, San Francisco last year lowered its affordability requirement from 21.5 percent down to the 12 percent to 16 percent range, according to The Real Deal. The city also cut 20 different building fees as well. Mike Monahan knows a thing or two about development as a former member of the Boston Planning ...
Residential Real Estate - Banker & Tradesman
One of Boston’s prominent luxury brokerages and the developer behind a new Seaport District condominium tower have buried the hatchet in a dispute over allegedly unpaid sales commissions. Year-to-date, there have been 3,482 condo sales, a 6.2 percent decrease from the first three months of 2023 with a median sale price of $520,000, an 8.3 ...
Banker & Tradesman's Best of 2024
4 days ago · Welcome to the results of the 17th annual Banker & Tradesman readers’ poll, in which our readers cast their votes for the best providers of services and goods in the banking and real estate professions. This is a subjective, not objective, poll. It does not measure who writes the most business, who has the most revenue or serves the most ...
Post-Election Uncertainty Grows for the Fed - Banker & Tradesman
5 days ago · The perceived probability of a rate cut at the Fed’s meeting in January of next year fell Wednesday to just 28 percent, down from 41 percent on Tuesday and from nearly 70 percent a month ago, according to futures prices monitored by CME FedWatch. The jump in borrowing costs for things like mortgages and car loans, even as the Fed is reducing ...
The B&T Daily: Mar. 1, 2024 - Banker & Tradesman
The B&T Daily: Mar. 1, 2024. A developer that’s encountered neighborhood opposition to its most recent Boston projects has found a more welcoming climate in the suburban Medfield, and recent grants from the Healey administration toward a $235 million housing project. Boston-based Trinity Financial was awarded nearly $5 million from a pair of ...
BT This Week's Paper Archives - Banker & Tradesman
Two years after being hit with a disastrous $35 million loss in its cryptocurrency mining loan portfolio, the Amesbury-based bank is flying high as New Hampshire’s fastest-growing CRE lender. The 214-unit South Standard apartment building is the first phase of the 792,400-square-foot Washington Village development in South Boston.
Small Developers Are Key to Building More Homes, But They Need …
May 5, 2024 · By unlocking a new generation of infill developers supported by a broader systems changes that make it easier to permit and finance housing. This will require us to move beyond implementing zoning reforms like MBTA Communities. Today, it’s more difficult than ever for smaller developers to produce housing due to restrictive local zoning ...