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MetroWest

Government & Politics

Marlborough luxury apartment complex sold for $95M to New York firm

A luxury apartment complex situated near Route 495 in Marlborough has been sold for $95 million.
Health Care

Natick investment firm raises $260M for life science companies

ORI shares a Natick office with AffyImmune Therapeutics, a company in ORI’s portfolio that received $30 million from the firm in 2021.
Government & Politics

Central Mass. home sales continued decline in January, even as state sees first increase since 2021

Worcester saw 55 single-family home sales in January, 11 fewer than the city saw in January 2023.
Energy

Westborough battery firm raises $162M to boost construction of Kentucky factory

The company plans on utilizing these funds to advance construction of a manufacturing facility in Kentucky.
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Banking & Finance

Movers & Shakers for Feb. 19, 2024

Central Massachusetts professionals are getting hired and promoted at Saint Vincent Hospital, AAFCPAs, the Milford Physician Group, and the Telegram & Gazette.
Banking & Finance

🔒Watching the Fed: After a jump in rates over the last two years, banks are preparing for cuts to trigger more activity

For Central Massachusetts banks, rising interest rates are a lot of change to deal with.
Banking & Finance

🔒Reporting discrimination: New, but delayed, reporting requirements seek to identify bias in small business loan approvals and denials

While generally supportive of the new rule, the lending industry is concerned about the onus the new requirements put on banks.
Economy

🔒Marlborough train station? A Mass. advocate is proposing a station for the MetroWest economic capital, but city officials don’t see it as a realistic...

Marlborough ceased to have passenger rail service in 1937.
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Real Estate

Pennsylvania firm planning 20 luxury homes in Hopkinton near marathon starting line

The Elmwood Farms subdivision was originally approved in 1989, but the lots include a part of the subdivision that was never constructed. 
Health Care

Biomedical firm with Marlborough location hires new CEO

Bruning, who has served on StageBio’s board of directors for the previous five years, has more than 25 years of experience with companies providing preclinical testing services.
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