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Economic Jitters Didn’t Deter C&I Growth at Eastern Bank

by James Sanna | Aug 1, 2025 | Banking & Lending

Eastern Bank executives said their institution turned in a strong second quarter despite economic jitters that caused many companies nationwide to pause or shift investments. The bank logged a $349 million increase in commercial lending last quarter, the bank’s...

Rockland Trust Aims for Organic Growth, Not Mergers

by James Sanna | Aug 1, 2025 | Banking & Lending

Rockland Trust built up its leading position in the Massachusetts banking market – and entered the New Hampshire market in a big way – on 20 years of successful acquisitions. But these days, it’s focused on demonstrating it can grow on its own. In response to an...

OpenAI Exec Warns of AI Voice Fraud Crisis in Banking

by The Associated Press | Aug 1, 2025 | Banking & Lending

OpenAI CEO Sam Altman warned the financial industry of a “significant impending fraud crisis” because of the ability of artificial intelligence tools to impersonate a person’s voice to bypass security checks and move money. Altman spoke at a Federal Reserve conference...

Derry Apartment Complex Lands $143M Refi

by The Registry Review | Jul 25, 2025 | Banking & Lending, Commercial & Industrial

The owner of a huge apartment complex in Derry has secured new debt. Makor Capital landed a $143.1 million refinancing from Fannie Mae for The Fairways, an 849-unit class B apartment complex located at 1 Forest Ridge Road. Commercial brokerage Newmark arranged the...

Demand for New Apartments Is There, But Not the Financing

by Jay Fitzgerald | Jul 21, 2025 | Banking & Lending, Commercial & Industrial

New Hampshire’s multifamily market is showing distinct signs of a split personality. On the one hand, the vacancy rate for apartments remains at historic lows amid extraordinarily strong demand that’s recently driven rental prices relentlessly upward. Sounds like a...

Equity Contracts Aren’t So Hot

by Lew Sichelman | Jul 21, 2025 | Banking & Lending, Residential Real Estate

There comes a time in practically every homeowner’s life when they consider using the equity they’ve built up in their house for one purpose or another. Perhaps it’s to pay for their kid’s higher education. Maybe they want to enlarge the place to accommodate a new...