News: Finance

StonehamBank donates $2,500 to Stoneham Central Middle School Math Team

Stoneham, MA StonehamBank recently donated $2,500 to the Stoneham Central Middle School Math Team in support of the opportunities to travel to other schools for competitions  and meet students from neighboring communities.

Shown are: Michelle Zavez, Math Team coach, Stoneham Central Middle School; Rhonda Sabbio, StonehamBank; Christopher Banos, principal, Stoneham Central Middle School; and the Stoneham Central Middle School Math Team. Shown are: Michelle Zavez, Math Team coach, Stoneham Central Middle School; Rhonda Sabbio, StonehamBank; Christopher Banos, principal, Stoneham Central Middle School; and the Stoneham Central Middle School Math Team.

“StonehamBank has supported our math team for over twenty years and because of that support we have built and sustained a competitive math team year in and year out,” said Christopher Banos, principal, Stoneham Central Middle School. “The feedback I have received from students over the years is that their time on the math team was one of their most rewarding middle school experiences.”

“Stoneham Central Middle School’s Math Team coach, Michelle Zavez, is an inspiration to our youth and we are happy to support her team so they may attend math competitions in our communities,” Edward Doherty, Jr, executive vice president, StonehamBank. “Last year’s students demonstrated honorable performances and the Bank wishes this year’s team even greater success.”

StonehamBank is a full-service community bank offering state of the art products and services to residents and businesses throughout eastern Massachusetts and southern New Hampshire. In addition to providing progressive products and convenience services, StonehamBank believes in making a difference in the community through its Community Involvement Program and Charitable Foundation. 

Tags: Finance
MORE FROM Finance

Kozlowski of Newmark Capital Markets secures $115.6 million financing for two properties in CT

East Lyme, CT Newmark has arranged $115.6 million in financing on behalf of the sponsor to refinance The Cove at Gateway Commons and Sound at Gateway Commons. Newmark Capital Markets Strategies managing director Avi Kozlowski secured the financing through Freddie Mac.
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
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.
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.
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