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Category: Finance
MassHousing closes on $11.2m in affordable housing financing
August 9, 2019
East Boston, MA MassHousing has closed on a total of $11.2 million in affordable housing financing to WinnCompanies for the development of 22 new rental housing units and 30 new condominiums on the waterfront. The Clippership Apartments and Clippership Condominiums
People’s United Bank to acquire United Financial
August 9, 2019
Bridgeport, CT People’s United Bank, N.A. a subsidiary of People’s United Financial, Inc., has entered an agreement to acquire United Financial Bancorp, Inc., the holding company for United Bank, in a 100% stock transaction valued at $759 million.
Bridgewater Savings Bank promotes Pereira
August 9, 2019
Raynham, MA Bridgewater Savings Bank (BSB) has promoted Diane Pereira to assistant vice president and marketing officer.
Real Estate Finance Association August update: Programming and upcoming annual events
August 9, 2019
Boston, MA The Real Estate Finance Association’s (REFA) Fundamentals programs are tailored as 101-type educational events covering various relevant and timely industry topics. On July 18th, REFA held its second Fundamentals program of the year
Migration, demographic shifts and it’s effect on New England real estate - by Marc Nadeau
August 9, 2019
Being from Connecticut, I tend to focus on what’s happening here in the Nutmeg State, and it’s not pretty. We continue to lose population, mostly to southern states and states with greater tax advantages. The Connecticut Office of Policy and Management’s 2017 paper on
Let’s talk about the reality of shareholder disputes - by Roger Durkin
August 9, 2019
Let’s talk about the reality of shareholder disputes. Shareholder disputes can occur as a result of a myriad of business risks. Corporations have shareholders, and LLCs have members. LLCs are managed by members as a group or by electing one or two as managers.
Let’s advocate for human involvement in appraisals - by Tom Whiting
August 9, 2019
In my previous article I spoke of how technology in the appraisal profession has changed over the past several decades. In this article I will be addressing the coming changes likely to affect the profession over the next decade and the possible opportunities
Why become a designated member? by Greg Curtis
August 9, 2019
Since 2017, the Massachusetts and Rhode Island Chapter of the Appraisal Institute has designated 29 professionals. This is a record number for the chapter and is driven by the recent increase of young professionals entering the industry, the chapter’s commitment to offering
Hot topics to consider during these warm summer days - by Bill Pastuszek
August 9, 2019
Appraisal Thresholds. The National Credit Union Administration (NCUA) increases – quadruples – the commercial loan appraisal threshold for when a commercial real estate appraisal is not required from $250,000 to $1 million.
Moderate fundamentals: FED cuts rate - by David Kirk
August 9, 2019
The Open Markets Committee (OMC) of the Federal Reserve Bank reduced rates to 2.00% - 2.25% at the meeting on July 31. Baked into mid-term rates are assumption of further FED upward action. Now some slack.
The creation of specific standards for evaluations - by Steven Spangle
August 9, 2019
On August 1, The Appraisal Standards Board, an independent board of The Appraisal Foundation, announced it intends to consider the creation of specific standards for evaluations.
The Mass. Board of Real Estate Appraisers celebrates 85th Anniversary Dinner and Hall of ...
August 9, 2019
Canton, MA The Mass. Board of Real Estate Appraisers celebrates 85th Anniversary Dinner and Hall of Fame Ceremony Wednesday, June 26th at Blue Hill Country Club.
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