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Category: Finance
The rising tide of apartment tax assessments in Connecticut: A property owner’s perspective - by J...
September 13, 2024
Connecticut, often recognized for its picturesque landscapes, quaint towns, and proximity to major metropolitan areas, has been a desirable place for property owners, especially for those investing in apartment buildings. However, recent years have seen a significant rise in apartment tax assessments,
Fall is a time for change - A good time to take a leap forward - by David Kirk
September 13, 2024
Fall is a time for change. The last summer romp and first frost, at least in the northeast. A good time to take a leap forward. Pardon the shorthand and flagrant redundancy, deliberated to reflect the rhythm that is apparent.
Real estate: Times are a’changing - by Daniel Calano
September 13, 2024
In a former life, I was an urban planner in Los Angeles for a year or so. Planning, you say, Los Angeles? Really? Early on, I learned that planning and building in places like L.A. are ephemeral at best. In fact, I was told an L.A. building life span was about 25 years, after which it was demolished for a newer and better use.
Nasser of Intercontinental Real Estate to receive REFA’s Swain Distinguished Service Award
September 13, 2024
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 36th Annual REFA Gala to be held Thursday, October 17th, 2024 at the Omni Seaport.
Essex Savings Bank promotes Jambard to vice president controller
September 13, 2024
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.
Brucker joins Union Savings Bank as a residential mortgage loan originator
September 13, 2024
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,
Join the Real Estate Finance Association for an exciting fall
September 13, 2024
Boston, MA Sponsorships and tickets are available for the 36th Annual REFA Gala on Thursday, October 17th at the Omni Boston at the Seaport, honoring Paul Nasser, president, Intercontinental Real Estate Corp. with the Swain Distinguished Service Award.
Examples of investors who used Kay Properties for legacy and estate planning purposes for rental pro...
September 13, 2024
Preserving wealth across multiple generations requires strategic planning, foresight, and the right investment vehicles. Delaware Statutory Trusts (DSTs) offer a powerful solution for families looking to build and protect their financial legacy and to efficiently plan for their estate.
Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick
September 13, 2024
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
Five reasons to use a section 1031 exchange - by Lynne Bagby
September 13, 2024
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:
Planning for retirement with a 1031 Exchange - by Brendan Greene
September 13, 2024
Thinking of selling a commercial property, a multifamily or other investment property and buying a retirement home or a second home in the mountains or where the weather is warmer? With a little 1031 tax-deferred planning, you could be retiring to a home in a destination of your choice by deferring and/or excluding all or most of your capital gains taxes.
MassDevelopment issues $5.928m tax-exempt bond on behalf of Walnut Street Center, Inc.
August 16, 2024
Bedford, MA MassDevelopment has issued a $5.928 million tax-exempt bond on behalf of Walnut Street Center, Inc. and its affiliate Community Alternative Residential Environments, Inc. The organizations will use bond proceeds to buy and renovate 4-6 Alfred Circle, a 17,500 s/f building
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