News: Finance

Morse re-elected to board of directors at Mutual Bank

William Morse, president and chief operating officer of Mutual Bank, has been re-elected to a three-year term on the board of directors of the Bank. In this role, he will help guide the policy and direction for the mutually-owned bank. He also serves on the board's executive committee. Morse formerly was president and chief executive officer of Security Federal Savings Bank, and oversaw that bank's merger with Mutual Bank in 2006. Morse serves as chairman of the board of School on Wheels of Massachusetts, an organization that provides tutoring services to children experiencing homelessness. He is a director of the Metro South Chamber of Commerce and a member of Bankers' Mutual Resource. He is a past chairman of trustees of Massasoit Community College, and past chairman of Massasoit's Financial Institutions Training program. He is a former member of the town of Easton's School Committee. Morse is a long-time resident of North Easton.
Tags: Finance
MORE FROM Finance

C-Lounge Capital provides $18m equity investment for $48m acquisition of Fountains of Boca Raton by Interface Properties

Boca Raton, FL C-Lounge Capital provides $18m equity investment for $48m acquisition of Fountains of Boca Raton by Interface Properties. C-Lounge Capital is a relationship-driven family office investment platform backed by more than 50 years of commercial real estate experience.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick

Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick

Our current, highly competitive real estate market poses specific challenges for investors who are considering taking advantage of a tax-deferred 1031 exchange. In this market, investors will have no problem selling their current property if priced properly, but they may find it difficult to find a suitable replacement property
The focus on price per s/f compared to the  comparable sales used in the appraisal report - by Dennis Chanski

The focus on price per s/f compared to the comparable sales used in the appraisal report - by Dennis Chanski

Over the past several weeks, I have completed appraisal assignments for private clients. Interestingly, after submitting these appraisals, I received several phone calls – not to question the value, content, or any incorrect information, but rather to discuss the price per s/f compared to the comparable sales used in the report.
Are appraisers on the same page as the assessor? - by Richard Seman

Are appraisers on the same page as the assessor? - by Richard Seman

The purpose of this article is to address problematic or confusing issues which may help assessors and appraisers to better understand how to value real estate for tax assessment purposes.
Massachusetts real estate transfers  over $1 million face new tax rules as of November 1st - by Daniel Meyer

Massachusetts real estate transfers over $1 million face new tax rules as of November 1st - by Daniel Meyer

Attention to owners of real estate in the Commonwealth (and the title companies and other professionals who advise them), the Massachusetts Department of Revenue (the “DOR”) recently adopted a new “millionaire’s tax” via 830 CMR 62B.2.4