News: Financial Digest

Berman nominated for vice chairman elect of Mortgage Brokers Assoc.

The Mortgage Bankers Association (MBA) has nominated Michael Berman, CMB, president of CW Capital as its vice chairman-elect. Berman will be elected by MBA members at the association's 95th Annual Convention, which will be held in October in San Francisco, California. Berman's nomination was announced at MBA's President's Conference, which is held each June. An active member for more than two decades, his nomination reflects his ongoing service and dedication to MBA and its members. Berman currently serves on MBA's board of directors, commercial/multifamily board of governors (COMBOG) and the 2008 Fannie Mae DUS Advisory Council.  He also served on the audit committee and chaired the strategic planning committee in 2007 and served on MBA's council to shape change in 2006.
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Preservation of Affordable Housing secures $23.5 million in financing from Rockland Trust and Citizens Bank

Cambridge, MA The nonprofit Preservation of Affordable Housing (POAH) has secured $23.5 million in financing from Rockland Trust and Citizens Bank to transform a 150-year-old, underutilized church complex into housing. The project will ultimately create 46 affordable family-sized apartments.
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Conn. hospitality market: A technical appraisal perspective on market dynamics and valuation challenges (2019-2025)

Conn. hospitality market: A technical appraisal perspective on market dynamics and valuation challenges (2019-2025)

The Connecticut hospitality market has demonstrated uneven recovery patterns between 2019 and 2025, with boutique and historic properties achieving $125 RevPAR in 2025, up 8.7% from the 2019 level. Coastal resort properties achieved a $105 RevPAR in 2025, representing 10.5% growth since 2019. Casino corridor properties maintained modest growth with RevPAR improving 4.5% to $92 in 2025.
Examples of investors who used Kay Properties for legacy and estate planning purposes for rental property/portfolios - by Dwight Kay

Examples of investors who used Kay Properties for legacy and estate planning purposes for rental property/portfolios - by Dwight Kay

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.