wbjournal.com | November 2, 2026 | Worcester Business Journal 13
Every business has a bank.
But do you have a banker?
When CMK Development Partners chose a
banking partner, they looked for responsiveness,
flexibility, and a team that understood their
business and project. They found it in Nick Devanski
and Westfield Bank—combining substantial lending
capacity, local decisions, and personal attention
to help businesses invest, expand, and thrive.
Financing a project
Acquiring or expanding a business
Managing cash flow
Purchasing equipment
Financing an ESOP
Supporting private & public contracts
Let's grow together. Go to
westfieldbank.com/commercial-lending
or call 413.598.3162.
" Westfield Bank has been
a phenomenal partner—
knowledgeable, experienced,
creative, and collaborative.
Without their assistance, this
iconic project would never
have happened."
— Gerry Kavanaugh
CMK Development Partners
Member
FDIC
westfieldbank.com
Left to Right: Nick Devanski (Westfield Bank), Tom MacDonald (GMK Partners Construction), Dan Benoit
(Benoit Design Group), Gerry Kavanaugh (CMK Development Partners), AJ Edwin (GMK Partners Construction),
Chris Naff (Kelleher & Sadowski)
Former Becker College properties in Worcester
The 27 properties purchased by Russ Haims from Becker College have increased in assessed value by 59%.
Property Details 2021 assessed value 2027 assessed value
44-50 West St. Former student center $3,666,900 $4,408,900
sold to Bay State Bank for
$3.15 million in 2024, now
utilized by bank for office space
6 Oak St. Former Becker dorms now $1,401,500 $1,024,100
rented to Worcester Polytechnic
Institute
80 William St. Former Becker video game $1,327,900 $3,105,300
design space, now a school run by
The Center for Applied Behavioral
Instruction
Rest of Becker 24 other properties in Elm Park area $10,104,200 $18,730,600
portfolio
TOTAL $15,172,600 $24,163,600
Sources: City of Worcester property records, prior WBJ reporting
