Category: Finance

Season’s greeting: USPAP 2024 is here! - by William Pastuszek

Season’s greeting: USPAP 2024 is here! - by William Pastuszek

December 15, 2023
It’s official. The first new edition of The Uniform Standards of Uniform Standards of Professional Appraisal Practice (USPAP) since 2020 is here. Do I sense a Big Yawn? Stay alert, this is some interesting stuff.
The appraiser – The role  in tax planning and reporting - by Marc Nadeau

The appraiser – The role in tax planning and reporting - by Marc Nadeau

December 15, 2023
Having had the experience of working in public accounting and studying tax law in graduate school, combined with working in the appraisal profession for nearly 40 years, I have come across a great many instances where the appraiser becomes an important person in the lineage
High density housing - good… unintended consequences - not so good - by Daniel Calano

High density housing - good… unintended consequences - not so good - by Daniel Calano

December 15, 2023
Many authors, including myself, have been writing about the need for more, and more affordable housing. The amount needed varies significantly by different reports. Fannie May says 4.5mm; Realtor.com figures 6.5mm; National Low Income Housing Coalition reports
Pit stop in Vegas - Track is good - by David Kirk

Pit stop in Vegas - Track is good - by David Kirk

December 15, 2023
The commercial property markets are gradually adjusting to the virtual workplace and collateral impact on existing and prospective inventory. The overlay of climate ready built environment is already appearing in building codes and capital grants and incentives.
Olson named executive vice president, chief banking officer at East Cambridge Savings Bank

Olson named executive vice president, chief banking officer at East Cambridge Savings Bank

December 15, 2023
Cambridge, MA According to East Cambridge Savings Bank, Richard Olson, a seasoned banking professional with over two decades of managerial and leadership experience in the financial services industry, has joined the bank as executive vice president,
The Village Bank celebrates opening of new Waltham branch

The Village Bank celebrates opening of new Waltham branch

December 15, 2023
Waltham, MA The Village Bank has opened its newest office, located at 251 Moody St. The new office is the bank’s 9th branch location. “The Village Bank has always cherished its relationships with our neighbors in Waltham,” said
KeyBank Real Estate Capital appoints Wood as a senior mortgage banker

KeyBank Real Estate Capital appoints Wood as a senior mortgage banker

December 15, 2023
Boston, MA KeyBank Real Estate Capital (KBREC) has appointed Jonathan Wood as a senior mortgage banker focused on multifamily lending in the Northeast. Wood is responsible for originating loans for the multifamily sector
Union Savings Bank hires Evanko as vice president, senior commercial loan officer

Union Savings Bank hires Evanko as vice president, senior commercial loan officer

December 15, 2023
Danbury, CT According to Union Savings Bank, Richard Evanko has joined the bank as vice president, senior commercial loan officer. In his role, Evanko is tasked with providing excellent service to USB’s commercial portfolio
Meehan joins MountainOne as vice president and community engagement officer

Meehan joins MountainOne as vice president and community engagement officer

December 15, 2023
North Adams, MA MountainOne has appointed Jennifer Meehan as vice president, community engagement officer. In her role, Meehan will drive MountainOne’s community engagement efforts throughout MountainOne’s footprint in the Berkshires and the South
MassDevelopment issues $17.82m tax-exempt bond on behalf of 2Life Leland LLC - Brookline Bank purchases bond

MassDevelopment issues $17.82m tax-exempt bond on behalf of 2Life Leland LLC - Brookline Bank purcha...

December 15, 2023
Waltham MA MassDevelopment has issued a $17.82 million tax-exempt bond on behalf of 2Life Leland LLC, an affiliate of 2Life Communities, which will use bond proceeds to demolish a vacant former rest home at 21 Newton St. and build a three-story,
Pentucket Bank reaches a $1 billion milestone

Pentucket Bank reaches a $1 billion milestone

December 15, 2023
Haverhill, MA Pentucket Bank has reached a milestone in the organization’s history by topping $1 billion in assets. This makes the mutual community bank one of the largest in Mass and in N.H. by asset size.
Real Estate Finance Association hosts Year-End Celebration and Holiday Party

Real Estate Finance Association hosts Year-End Celebration and Holiday Party

December 15, 2023
Boston, MA REFA hosted its Annual Year-End Celebration and Holiday Party on Monday, November 20th at Bostonia Public House in downtown. Members had the chance to network with colleagues and friends and reflect on