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Banking & Finance

Texas firm buys Worcester storage facility near former Rotmans site for $9M

Hines, a global real estate investment firm based in Houston, has purchased the site of a storage facility near the former site of Rotmans Furniture.

Six of 10 Central Mass. hospitals were profitable in fiscal 2024

Athol Hospital has risen to the top as the most profitable in Central Massachusetts, according to data released Thursday.

Commonwealth Fusion’s headquarters in Devens sold for $74M

The Devens headquarters of Commonwealth Fusion Systems has been sold for $74 million by a Boston-based real estate investment firm to two investment groups. 

Healey pushes for $400M research bill to be passed as soon as possible

Gov. Maura Healey has been applying a full-court press to pass a $400 million bill aimed at strengthening Massachusetts’ research and innovation economy, but lawmakers have left the governor's plans for a "transformative investment" idling in the seven weeks since Healey proposed it.
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Framingham State receives $2M from former professor for STEM studies

Framingham State University’s STEM, students, faculty, and academic programs just received a major boost in funding as a former university professor and his wife have pledged more than $2 million to the Central Massachusetts school.

Commonwealth Fusion inks $1B power deal with longtime shareholder after $863M fundraising round

After inking a similar deal with Google in June, Commonwealth Fusion has signed a power purchase agreement with a longtime investor.

Movers & Shakers for Sept. 22, 2025

Central Massachusetts professionals are being hired at organizations including bankHometown, Consigli Construction, and Cornerstone Bank.

Sturbridge orthodontic firm acquired by Canadian company

Corus Orthodontists was founded in 2019 by a group of 18 orthodontists across North America.
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Level99 secures $50M to boost expansion efforts as construction at Disney World begins

Level99 is in active negotiations in 15+ states, with the goal of locating urban and suburban markets with venues ranging from 30,000 to 45,000 square feet.

Bay State Bank promotes Worcester native to commercial lending SVP

Worcester-based Bay State Bank has added Worcester native James Ciociolo to its commercial lending team, in a new role of senior vice president, commercial lending officer. 
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