News: Financial Digest

Benjamin Franklin Bank opens new branch with ribbon cutting

Benjamin Franklin Bank introduced its newest branch at 430 Main St., with a two-day Grand Opening celebration. On September 27th and October 2nd more than 150 Ben customers and residents from the town and surrounding communities attended a reception and open house which introduced Ben's new motto - "Banking at the Speed of Life" and its' mascot, a cheetah named "SPEED" (secure products, easy effective delivery). Attendees were thrilled to receive a small stuffed cheetah wearing a Ben logo shirt and two lucky raffle participants won life-sized plush cheetahs. Thomas Venables, president and CEO, and Pamela Karalis, assistant vice president and community banking officer at Ben, were on hand to greet the crowds and participate in a ribbon-cutting ceremony with Brenda Fanara of the chamber, and Michael Driscoll, town manager. With the opening of the branch, Ben now has eleven convenient banking locations throughout Metrowest. Feel free to stop in at any of the Ben locations in Franklin, Bellingham, Milford, Medfield, Foxboro, Moody St. and Main St. in Waltham, Wellesley Hills, Newtonville and Watertown.
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Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary