News: Financial Digest

Cohen presented with President's Award at 2014 New England Real Estate Appraiser's Expo

During the fall 2014 New England Real Estate Appraiser's Expo, Massachusetts Board of Real Estate Appraiser's (MBREA) president Greg Accetta, MRA, MAI presented Allan Cohen with the President's Award. The award is given on behalf MBREA and the Appraisal Foundation to Cohen in appreciation of dedicated advocacy of real estate valuation professionals. The Expo is a combined meeting of residential and commercial real estate appraisers, assessors, and property value analyst from across New England. The event is co-sponsored by MBREA and MA-RI Chapter of the Appraisal Institute. Allan Cohen is a commercial real estate appraiser and assistant assessor for the city of Newton.
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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

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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.