News: Financial Digest

Ciccarello named managing partner at Gray, Gray & Gray

Joseph Ciccarello, CPA, MST, has been named managing partner of Gray, Gray & Gray, LLP, a certified public accounting firm. He succeeds Neil Krug, CPA, who had served as the firm's managing partner since 1986. Krug will remain an active partner with Gray, Gray & Gray, and continue to serve clients and pursue growth opportunities for the firm. Ciccarello has more than two decades of diversified accounting experience. He joined Gray, Gray & Gray in 1986 and became a partner in 1992. Ciccarello is a member of the American Institute of Certified Public Accountants and the Massachusetts Society of Certified Public Accountants.
MORE FROM Financial Digest

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.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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.