Massachusetts Real Estate & Financial News | Banker & Tradesman
May 1, 2024 | Reprints. JLL Capital Markets has arranged capitalization for a new, 440-unit development to be built on the shore of Lake Quannapowitt in Wakefield. Catch up on award-winning news and insights for the Massachusetts banking, commercial, industrial, and real …
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?...
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.
New Real Estate Commission Rules Create Opportunities
4 days ago · Boston-based Gibson Sotheby’s International Realty has been tracking real estate commissions among its more than 500 agents as it prepped for the changes, said brokerage President Nicole Rideout Hartwick. While Gibson Sotheby’s is just one company, Hardwick mentioned that she hasn’t seen any changes three months in.
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 ...
Wall Street Already Picking CRE Winners and Losers Under Trump
2 days 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 ...
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 ...
Lower Interest Rates Haven't Spurred Boston Housing Construction
4 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 ...
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In Person - Banker & Tradesman
Oct 27, 2024 · The $28B Merger That’s Not About Scale. by Sam Minton | Oct 27, 2024. Once DCU and California-based First Tech Credit Union join up, the combined entity will be one of the five or six biggest credit unions in the nation. But to its future president and CEO, Shruti Miyashiro, this deal wasn’t about chasing size.