News: Finance

Rockland Trust hires Weinberg as senior vice president, lending center manager in Peabody

Peabody, MA Rockland Trust has expanded its local commercial lending team with the appointment of Ryan Weinberg, Esq., to senior vice president, commercial lending center manager. In this role, Weinberg will be leading a team of lenders specializing in commercial real estate (CRE) across Greater Boston and the North Shore. 

Prior to joining Rockland Trust, Weinberg spent 11 years as both a CRE lender and manager at the former People’s United Bank (now M&T Bank). Previously, he was a CRE portfolio manager at Citizen’s Bank and an asset manager at Tremont Realty Capital. 

“We are delighted to have Ryan join Rockland Trust as our Peabody lending center manager,” said Michael Crawford, senior vice president, commercial regional executive of the commercial banking division. “His diverse background brings a new wave of creativity to the group which, combined with his expertise and knowledge of the CRE lending markets, make him an excellent addition to our team.” 

Weinberg earned his bachelor of science degree in Business Administration with a concentration in Finance from Bryant College. He also earned his Juris Doctor degree from the Massachusetts School of Law and graduated Magna Cum Laude. In addition, Weinberg holds a real estate broker license and donates time to be a senior mentor for the Valedictorian Project. 

Tags: Finance
MORE FROM Finance

Project of the Month: DeLucia and De Lise completing a $10m investment at 967 Elm St. in Manchester NH known as Rendezvous on Elm

Manchester, NH Most multifamily renovations start with a standard stack: a few floor plans that are copy/pasted up multiple floors. Rendezvous on Elm began somewhere else entirely. 27 residences, 27 different floor plans, and a $10 million project built around the idea that a boutique building should feel boutique, from each angle and for every resident.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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.