Name: Charles Nilson
Title: Chair, Massachusetts Mortgage Bankers Association
Company: J. P. Morgan Chase
Location: 400 Blue Hill Dr., Westwood, MA 02090
Birthplace and year: Chicago, Ill., 1959
Family: Wife, Jill; children: Victoria, Andrew
College: Miami of Ohio, BS, Finance; Case Western Reserve University, MBA
First job outside of finance: Beacham Products - territory sales rep
First job in finance or allied field: Society Bank - management trainee
What do you do now and what are you planning for the future? Focus on (1) legislative and compliance support, interact with the Division of Banks; (2) Education - help membership be compliant and provide education around loan officer financing; (3) Address changing membership.
Hobbies: Cyclist, skier, travel with family
Favorite book: "Back Bay" by William Martin
Favorite movie: "Gran Torino," "Braveheart"
Person you admire most (outside of family): Richard Branson, entrepreneur
Key to success: Enjoy what you do.
If you had to choose another vocation what would it be? Run a bed and breakfast with my wife
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.
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.
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.