Wyatt joins Randolph Savings as senior VP and director of retail banking
According to Randolph Savings Bank president and chief executive officer Thomas Drummey, Dennis Wyatt has joined the bank as senior vice president, director of retail banking. In his new position, Wyatt will be responsible for all aspects of the bank's retail banking operations including managing all branches and branch employees in Mass. and R.I.
Wyatt comes to Randolph Savings from Slades Bank where he held the same title of senior vice president and director of retail banking at that $600 million institution.
"Having someone with Wyatt's experience will help insure that we stay on the leading edge with the products we offer our customers as well as how we deliver those products," says Drummey.
Boston, MA RE&FA’s spring and summer programming continued to highlight the trends and issues shaping the commercial real estate industry. In May, RE&FA hosted Data Centers in the Current CRE Landscape at The Retreat at 225 Franklin St. The program drew strong engagement and fostered thoughtful discussion around one of commercial real estate’s fastest-growing and most impactful sectors.
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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
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
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.