News: Front Section

Franklin promoted to sr. vice president of lending at The Village Bank

According to Kenneth Brennan, president and CEO of The Village Bank, Andrew Franklin has been promoted to senior vice president of lending. In his new role, Franklin will be responsible for directing all of the bank's commercial, residential, and consumer lending activities. Franklin joined The Village Bank in 2003 as vice president, with 25 years of commercial lending and credit administration experience. His background includes positions with Capital Crossing Bank in Boston, and Chaston Associates in North Andover, a private bank consulting firm advising over 90 clients throughout New England. He was also co-founder and chief financial officer of Leas Forum, Inc., a privately owned commercial equipment leasing advisory and asset services firm. He began his financial services career with Ke Corp, a Cleveland-based bank holding company, after earning an undergraduate degree in business administration at the State University of New York at Albany. He also holds an MBA in business administration and finance from the university. He serves on the Boards of the New England chapter of the Risk Management Association and the Newton Housing Partnership. Andy has facilitated the development of the Village Bank¹s commercial lending division, and has been instrumental in our ability to offer a wide range of competitive products, said Brennan. ³In the eight years he has been with The Village Bank, the commercial portfolio has nearly doubled to just over $190 million.
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McEvoy of The Conrad Group brokers $2.9 million sale of industrial building

Hingham, MA The Conrad Group  has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
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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.
Newmark negotiates sale of  10 Liberty Sq. and 12 Post Office Sq.

Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
The doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty

The doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty

As healthcare facilities, often referred to as “Doc in a Box” clinics, increasingly move into traditional retail spaces, landlords are more frequently leasing to medical tenants. Unlike standard retail or office leases, medical facilities come with a unique set of considerations that must be carefully addressed to ensure a successful tenancy.
5 Questions to ask when  choosing a real estate broker - by Elizabeth Perez Barlett

5 Questions to ask when choosing a real estate broker - by Elizabeth Perez Barlett

>They say, “April showers bring May flowers,” but this season may bring more movement in the housing market as springtime is one of the most popular times for home buying and selling. Although spring is one of the strongest seasons for the residential market, it may not be all rosebuds and butterflies if you don’t have the right advisors.