News: Financial Digest

Bridgewater Savings hires Gesualdo as VP and comm'l. loan officer

Joseph Gesualdo has joined Bridgewater Savings' Raynham and Bridgewater branch offices as vice president and commercial loan officer. Gesualdo has over 20 years of experience in the banking industry. Prior to joining Bridgewater Savings, Gesualdo was a vice president and relationship manager at Sovereign Bank in New Bedford, Mass. "Joseph's 20 years of banking experience have equipped him with a deep knowledge of the banking industry and helped him develop impeccable relationship management skills," said James Lively, president and CEO of Bridgewater Savings. "He has shown outstanding leadership capabilities in both the community and workplace, and we are excited to welcome him to our team." Gesualdo received a Bachelor of Arts degree from Bloomfield College in 1975, and holds certificates from the Mortgage Lending School, the Commercial Lending School, and the Massachusetts School for Financial Studies.
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Boston, MA The fall season always marks the return of IFMA Boston events, and this year is no different. Registration is now open for IFMA Boston’s FMForward Deep Dive 2024. The FMForward Deep Dive 2024 Conference will be held on November 19th at the Babson Executive Conference Center in Wellesley, Mass.
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Another reason to stay debt free in a 1031 Delaware Statutory Trust exchange - by Dwight Kay

Another reason to stay debt free in a 1031 Delaware Statutory Trust exchange - by Dwight Kay

It seems like every day there is another reason showcasing the reason why more and more investors are choosing to stay debt-free when investing in Delaware Statutory Trust (DST) properties in a 1031 exchange.
Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick

Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick

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
Cracking the code: Understanding the pros and cons of Delaware Statutory Trusts for 1031 Exchange real estate investors - by Dwight Kay

Cracking the code: Understanding the pros and cons of Delaware Statutory Trusts for 1031 Exchange real estate investors - by Dwight Kay

In the realm of real estate investing, the 1031 exchange Delaware Statutory Trust can provide savvy real estate investors a unique opportunity to achieve passive management, the potential for regular monthly distributions, and a way to enter one of the most tax efficient real estate investment strategies available today.
What’s UP with that? - by Kyle Kadish

What’s UP with that? - by Kyle Kadish

Investors have multiple tools to defer tax liabilities when selling investment properties. The best known is likely a 1031 exchange - which has been around in some form or fashion for over 100 years. Installment sales have existed as part of the code for more than 75 years. Newer legislation (2017) created Qualified Opportunity Zones (QOZs)