Marlborough, MA Colliers’ Capital Markets team has secured $41.4 million in construction financing for a multifamily development. The developer, The Procopio Companies, was represented by a Colliers team led by executive vice president Jeff Black, vice president Sean Burke, vice president Bryan Koop and financial analyst Matt Lombardi.
Worcester, MA According to Rockland Trust, Robert Paulsen has been appointed as senior vice president, commercial banking center manager for the local commercial banking center. Paulsen will be leading the local commercial team as well as developing new commercial and industrial (C&I) relationships across the greater Worcester region.
Greenwich, CT Worth Avenue Capital, LLC (WAC) has closed a $3.75 million commercial loan for a construction company that specializes in both renovating existing homes as well as constructing new luxury homes. This company is a multiple repeat borrower for WAC who has partnered with this borrower on seven transactions over the last four years.
Boston, MA According to The Real Estate Finance Association (REFA), Paul Nasser, president of Intercontinental Real Estate, has been selected to receive the Robert S. Swain, Jr. Distinguished Service Award at the 36
th Annual REFA Gala to be held Thursday, October 17
th, 2024 at the Omni Seaport.
Essex, CT Bryan Jambard, Jr., CPA has been promoted to vice president controller at Essex Savings Bank. Jambard is a Tolland resident and certified public accountant in Connecticut. He earned his BSBA in accounting from Bryant University and MBA from Quinnipiac University.
Danbury, CT According to Union Savings Bank (USB) Elizabeth Brucker has joined the bank as a residential mortgage loan originator. In her new position, Brucker is responsible for originating residential mortgages, guiding first-time home buyers,
Boston, MA Sponsorships and tickets are available for the 36
th Annual REFA Gala on Thursday, October 17
th at the Omni Boston at the Seaport, honoring Paul Nasser, president, Intercontinental Real Estate Corp. with the Swain Distinguished Service Award.
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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
Section 1031 tax-deferred exchanges continue to be a popular tax-deferral strategy for business owners and taxpayers not only throughout the New England states, but nationally for those who want to accomplish a wide range of business and/or investment objectives including some of the following:
