News: Financial Digest

Village Bank awards $40,000 in Scholarships to college bound students

The Village Bank named the recipients of college scholarships totaling $40,000 awarded recently by the bank's Community Charitable Foundation. Twelve college-bound Newton and Wayland students will share in the awards. Jennifer Lavalle of Newton North High School and Kathryn Stack of Wayland High School are the recipients of two special scholarships totaling $10,000 each awarded by the Foundation this year. The scholarships will be honored upon successful completion of each of the students' four academic years. Students applying for the $10,000 scholarships must have demonstrated active involvement in community and/or charitable causes. The Auburndale Community Charitable Foundation also granted 10 one-time $2,000 scholarships. The $2,000 scholarship winners were: Meghan Arsenault, Newton Country Day School; Mary Gowins, Newton North High School; Rachael Boggia, Wayland High School; Elena Swartz, Newton North High School, and Anna Ziering, Boston University Academy. Also, all from Newton South High School: Seth Mermelstein, Adrienne Lerner, Stephanie Newton, Elizabeth Pezza, and Alexander M. Jarowey.
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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