April 23, 2024
Funds

MA emergency shelter funding could run out in April – NBC Boston

State dollars for Massachusetts’ emergency family shelter system are dwindling, and restaurateurs who for years enjoyed expanded outdoor dining and the ability to sell drinks to go remain “in limbo” amid a sustained period of legislative disagreement. House and Senate Democrats broke for another long weekend Thursday without announcing any deal on a spending bill

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Mortgage

High mortgage rates, low inventory lead to 7.4% drop in home sales in Massachusetts

BOSTON – High mortgages rates, high prices and low inventory are making homes tough to sell in Massachusetts. Steepest drop in home sales in more than a year A two-bedroom apartment on Mansfield Road in Boston is for sale and broker Dante Brezzene and the Movement Group are working to find the right buyer. But

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Funds

4 Funding Announcements Made By Payer/Employer Health Tech Startups in March

This roundup will be published monthly. It is meant to highlight some of the most notable funding rounds of the month and is not intended to be comprehensive.  Several major fundraising announcements in the payer/employer space were announced this month. Here is a list of some of the biggest funding rounds: HiLabs raises $39 million

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Investment

Goldman Sachs Closes $650M Fund to Invest in ‘Golden Era’ of Biotech Innovation

Goldman Sachs Asset Management has expanded to biotech investments in recent years. The investment firm is now preparing to ramp up its investment activity in the sector with a new $650 fund, its first one dedicated to the life sciences. Goldman on Wednesday announced the final close of the new fund, called West Street Life

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Finance

Mass. finance experts recommend major increase in borrowing – NBC Boston

Construction costs have escalated so quickly over the last two fiscal years that the purchasing power of Massachusetts’ capital investment plan has been “significantly eroded,” a panel of state finance experts said last month as it recommended the largest increase in borrowing for capital spending in at least a decade. The Capital Debt Affordability Committee

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Investment

What Will Digital Health Investment Look Like in 2024?

The healthcare sector’s share of the global private equity and venture capital deal count is likely to continue decreasing in 2024, according to a new Pitchbook report. Healthcare’s share of the global private equity deal count reached its peak in 2020 at 13.7%. This year, it fell to 10.8%, its lowest level since 2015. The

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