News:
Brokerage
Posted: December 27, 2013
Savings Institute Bank & Trust earns 5-star rating
Savings Institute Bank & Trust was recognized for the 15th consecutive quarter as a superior 5-star rated bank by BauerFinancial, Inc., a national bank rating and research firm. Bauer Financial's rating system is based upon an analysis of current financial data as supplied by federal banking regulators, with the 5-star rating indicating the bank's solid capital position, profitability, sound asset quality, and balance sheet strength.
MORE FROM Brokerage
Goldberg of Spire Investments purchases Beverly portfolio for $9.2m
Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
Columns and Thought Leadership
The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde
This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.
End of the year retail thoughts - by Carol Todreas
Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.