Suburban Women Get in the Game

As one of two highly placed women execs at Needham Bank, you’d think that SVP for Commercial Lending Stephanie Maiona knows everyone there is to know. But she joined a recently formed group to expand her network: Suburban Professional Women’s Network. She says relationships are among the most important tools for success in commercial real estate. (If you want a job where you don't have to talk to people, go work at a record store.) Needham Bank is actively lending for construction, acquisitions, and refis for regional and national companies. Knowing people she trusts can lead her to another valuable commodity: information about new business. If her relationships are strong enough, she can discuss prospects unworried that she’ll be judged or lose a lead, she says.

Reimer & Braunstein partners Joan Parsons and Susan Davis (flanked by law colleagues Martha Fagan and land planner Melissa Cushing) formed SPWNetwork last fall to help other women advance to the c-suites and boards of corporations and professional firms. Women account for only about 19% of law firm equity partners, Susan estimates. Woman also find it more difficult to raise startup capital for businesses. In Boston commercial real estate, the big investment, development, and management companies have women near the top, but few are owned by women, Susan says.

Continue reading this story with a free account

Log in or register
Related Topics: Joan Parsons , Needham Bank
Sign up for more articles like this
Subscribe to Bisnow's Boston Newsletters
Related Stories

Global Volatility Giving Boston Industrial Tenants Pause On Long-Term Deals

Kroenke Announces $135M Renovation For Denver's Ball Arena

Iconic Jersey Shore Property Hits The Market For $85M As Redevelopment Play

Bisnow's 2026 DEI Data Series

Lincoln Property's New Pennsylvania Head On What Types Of Deals He's Targeting

Healthpeak Secures Approval For $4.5B Alewife Project

Philly's Busy Summer Created Momentum. Can The City Turn It Into Long-Term Growth?

'We're At A Juncture': Downtown Boston Retail Finds Its Post-Pandemic Footing

Energy Company Opens 125K SF Newton Office: The Boston Deal Sheet

Simon Approaching End Of The Road With Struggling Suburban Boston Mall

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Wu Proposes Tax Breaks To Jump-Start Stalled Housing Projects