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Fannie/Freddie Shares Bounce Back
Tuesday, July 08, 2008 (154 reads)

After plunging to their lowest levels since the early 1990s on Monday, shares of both Fannie Mae and Freddie Mac, the two largest providers of U.S. mortgage financing, rose this morning after their regulator said they should have adequate returns to raise capital.

$2M State Aid Could Help Make Springfield Project A Reality
Monday, July 07, 2008 (270 reads)

The developer of an ambitious mixed-use project in Springfield said $2 million in state money to assist the downtown, pledged today by Gov. Deval Patrick, could help make his venture a reality.

Dickinson Development Sells Hyster New England Headquarters For $6 Million
Monday, July 07, 2008 (378 reads)

The 87,200-square-foot Hyster New England headquarters building at 159 Rangeway Road in Billerica has been sold for $6 million by Dickinson Development Corp. of Quincy to private real estate investment fund manager the Hampshire Cos.

Two Lowell Banks Rate Poorly
Monday, July 07, 2008 (1035 reads)

Florida-based BauerFinancial has given two Lowell banks a ranking of two stars or less in the latest analysis of statewide financial institutions' first-quarter performances.

Cambridge Pharmaceutical Co. Signs Two Leases
Monday, July 07, 2008 (214 reads)

Acceleron Pharma has doubled its space in Cambridge.

Winthrop Realty Trust Grants Increased Ownership To Fairholme Capital
Monday, July 07, 2008 (195 reads)

Boston-based Winthrop Realty Trust has granted a waiver to its ownership limit provision in its bylaws to Florida-based Fairholme Capital Management.

BNY Mellon Adds To Boston Office
Monday, July 07, 2008 (414 reads)

Robert C. Nadherny has been appointed managing director of sales for Bank of New York Mellon Wealth Management in Boston.

U.S. Strip Mall Vacancies Hit Historic Highs
Monday, July 07, 2008 (177 reads)

U.S. store closings and cutbacks turned the second quarter into the worst in 30 years for strip mall owners, according to a report by New York City-based real estate research firm Reis.

Bristol County Savings Buys Farrell Backlund Insurance
Thursday, July 03, 2008 (303 reads)

Taunton-based Bristol County Savings Bank has bought a majority interest in the Farrell Backlund Insurance Agency.

William Raveis Real Estate To Receive Market Data From Realty Market Update
Thursday, July 03, 2008 (205 reads)

William Raveis Real Estate, Mortgage & Insurance, one of the largest family-owned real estate firms in New England - with offices across the Bay State - is now receiving local real estate information from Realty Market Update of Redding, Conn.

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