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Banking & Finance

Former VP at Commerce Bank promoted to Berkshire Bank EVP

Berkshire Hills Bancorp, Inc., the Boston parent of Pittsfield’s Berkshire Bank, promoted Sumant Pustake from senior vice president to executive vice president, chief transformation and strategy officer.

Hopkinton apartment complex sold for $82.5M

A Hopkinton apartment complex sold on Monday for $82.5 million to a Boston investment firm.

Marlborough site sold for $10M to help finance residential development

A development site at 3000 Green District Blvd. in Marlborough, was sold for $10 million as part of a construction financing plan for the 242-unit second phase of the Green District development from Connecticut-based developer Post Road Residential.

Natick-based weight loss tech company to go public

Allurion Technologies, Inc., the Natick-based creator of the Allurion gastric balloon, will become a publicly traded company, through a deal with Compute Health Acquisition Corp. of Delaware.
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Two more Central Mass. Bed Bath & Beyond stores to close

Two Central Massachusetts locations of Bed Bath & Beyond were among 149 to be shuttered in the latest round of closures announced by the company on Tuesday.

Framingham consultant hires new executives to bolster music and entertainment portfolio

Business consulting company Triple G Ventures hired Greg Keys to be its chief sales office and Eric Shin as the company’s executive vice president of sales. 

🔒Q&A: Burncoat Center ties together arts and wellness

Hopes were high in January 2020 when the Burncoat Center for Arts and Wellness opened in Worcester. Two months later, COVID struck, and those plans went out the window.

Movers & Shakers for Feb. 6, 2023

People are on the move at Vision Advertising, Hospitality Insurance Group, and Bay State Savings Bank.
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🔒Brilliant move: Jordan eyes seamless transition, new priorities as she ascends to top of Seven Hills

When Kathleen Jordan took a job at her university’s advancement office, she could not have predicted it would be the beginning of a decades-long career in fundraising.

Karyn Polito named to board of Berkshire Bank parent

Former Massachusetts lieutenant governor and lifelong Shrewsbury resident Karyn Polito on Thursday was appointed to the board of Berkshire Hills Bancorp, Inc.
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