The New York City real estate giant SERHANT. is making a move in Boston.

The founding agents joining SERHANT. in Boston include: Michael L. Carucci, Antonio Khoury, Jorge Sariego, Kyle Farrell and Joe Albano, the firm announced. SERHANT.’s expansion to Boston also marks a homecoming for founder and CEO Ryan Serhant, who was raised in Topsfield.

“Launching SERHANT. in Boston is a milestone for me personally and a key moment in our national expansion,” said Ryan Serhant, Founder and CEO. “We’re proud to enter the market with a group of founding agents who represent the very best of Boston real estate.”

The Boston housing market remains high with the median price of a home $830,000, according to Redfin.

This comes as a 30-year fixed mortgage rate is averaging around 6.10% to 6.375%, with 15-year fixed rates are lower, typically ranging from 5.25% to 5.818%.

SBA bans green card holders from loans

The Small Business Administration said in a policy note that green card holders won’t be allowed to apply for SBA loans, effective March 1.

The move is the latest by the SBA as it works to tighten loan restrictions and restructure the agency.

Last year, it tightened a requirement that businesses applying for loans must be 100% owned by U.S. citizens, U.S. nationals, or lawful permanent residents, up from a 51% standard.

The SBA doesn’t give out direct loans, except when they’re related to disasters, but it works with lenders to distribute loans to small businesses. – AP