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Opinion | There’s rarely a silver bullet solution to such a crisis, but state action to allow accessory dwelling units by right would clearly narrow the gap between supply and demand, and reduce housing costs, B'nai B'rith Housing's Susan Gittelman writes. bit.ly/3mqJNIp

A planned commercial development that drew criticism from some South Boston elected officials has been put on hold by the Massachusetts Convention Center Authority. The MCCA's request for proposals had drawn interest from two separate development teams. bit.ly/3MSUs9z

Eastern Bank says it had a first quarter net loss of $194.1 million after selling $1.9 billion in securities to "reposition its balance sheet." bit.ly/3Lg1QJE

Regulators seized troubled First Republic Bank early this morning and sold all of its deposits and most of its assets to JPMorgan Chase Bank in what's now the second-biggest bank failure in U.S. history. bit.ly/44jB6AE

The FDIC says it should be given the ability to give "significantly higher" insurance to bank accounts businesses use to pay staff and other day-to-day operational costs. bit.ly/3Hukr3B

Prior to its failure and sale to JPMorgan Chase early Monday morning, First Republic Bank had been among Massachusetts’ top residential mortgage lenders. Here are the biggest ways the bank was intertwined in the local economy: bit.ly/3VqdWEL

Boston-based developer RISE completed its acquisition of a Medford restaurant property approved for a $200 million life science tower. bit.ly/3LKSY0k

Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s the latest installment of Banker & Tradesman’s Personnel File. bit.ly/3oWwKj1

JPMorgan Chase CEO Jamie Dimon said it doesn't plan to continue First Republic's low-priced jumbo mortgage model -- the same model that helped the failed bank dominate Boston's luxury housing market. bit.ly/44nbFhD

Local CRE executives say First Republic filled roles in the industry ecosystem that will be hard to replace, but its failure has created an opening for local lenders. bit.ly/3ARJoCg

First Republic dominated Boston’s luxury real estate scene. Now even luxury buyers could face tighter credit conditions, agents say. bit.ly/40YdEpK

Industrial parcels on the far reaches of the Seaport District are due for their first major changes in decades with development plans being drawn up by Oxford Property Group. bit.ly/3AMhK9V

Under pressure from Attorney General Andrea Campbell, MV Realty – of 40-year listing contract fame – has suspended its controversial program. bit.ly/40X05a8

Experienced agents say there’s a number of possible reasons why more Boston-area single-family listings appear to be hanging around on the market than condos. But one thing is certain: Condos are no longer the affordable option. bit.ly/3NtlV23

The Federal Reserve raised its key interest rate by a quarter-point to the highest level in 16 years. But it could be the last increase for a while. bit.ly/4210HwV

A Newton developer is seeking to expand the scale of housing at the former Table Talk Pies headquarters in Worcester with a proposal to add 58 apartments to the former bakery headquarters. bit.ly/426I8az

More than six months after Amesbury-based BankProv booked a $35 million loss as the cryptocurrency industry it had staked its future on went bust, the lender's new executive team said it's making progress on a new strategic direction. bit.ly/3npyyAr

Advisors Living is bringing a fresh, new name to the suburban Boston residential brokerage scene. CEO Merit McIntyre explains how the company is making its recent, 11-office expansion work. bit.ly/3p59NtY

A developer will put $11.3 million in financing from HarborOne Bank and MassDevelopment to work in converting a blighted Attleboro mill property into market-rate housing. bit.ly/3LSMHjd

Opinion | Some in the real estate industry are arguing that AI programs like ChatGPT are more accurate, dependable and inexpensive than dedicated phone staff. Nothing could be further from the truth, columnist Bernice Ross writes. bit.ly/3oVdceD