News: Front Section

The Cooperative Bank hires Morel as assistant vice president, business development officer

The Cooperative Bank (TCB) hired Michael Morel as assistant vice president, business development officer. The business development officer is a new position at TCB. In this role Morel will focus on the acquisition of new deposit and loan relationships among small and mid-size businesses, as well as building collaborative relationships with community influencers. Before joining TCB, Morel was vice president of Eastern Bank where he managed all branch operations within the Harvard Sq. and Kendall Sq. Morel has over 15 years of experience in the banking industry and has held executive positions at several banks and banking groups, including Cambridge Savings Bank and Bank of America. "Mike brings a wealth of industry experience and insight that will benefit our customers and enhance our growth, particularly as we continue to innovate with new products and services for both individuals and businesses," said Phil Bryan, president and CEO of TCB. Morel has a B.A. from Bryant University and currently resides in Boston, MA. Founded on South St. in Roslindale in 1898, The Cooperative Bank (TCB) is a full-service community bank committed to meeting the financial needs of individuals, families and small businesses with up-to-date products, competitive interest rates and the highest quality personalized service. TCB specializes in commercial real estate and business lending throughout Massachusetts, and has branches in Roslindale, West Roxbury and Charlestown. With cutting-edge personal and business banking services, TCB aims to serve as its customers' bank for life.
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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