News: Financial Digest

David Connolly Vice Chair R.E. Law Group Hinckley, Allen & Snyder LLP

Name: David Connolly Title: Vice Chair, Real Estate Law Group Company: Hinckley, Allen & Snyder LLP Location: Boston, Mass., Providence, R.I., Concord, N.H. Birthplace and Year: Cambridge, Mass. 1963 Family: Wife Christine and three children ages 10, 9 and 5 College: Cornell Law School, J.D., 1988; Harvard University, B.A., 1985 First job outside of real estate: During college and summers I was a painter. First job in current field: I first worked at Rackemann, Sawyer & Brewster as a summer associate and first year associate. What do you do now and what are you planning for the future? Hinckley, Allen & Snyder LLP is a full-service law firm of more than 120 lawyers with offices located throughout New England. Hobbies: Spending time with family, coaching little league, fishing and golf. Favorite book: Don Quixote Favorite movie: Stripes Keys to success: Being responsive to clients, providing thoughtful and cost-effective advice and treating clients as I would want to be treated. Person you admire most (outside of family): Members of the U.S. Armed Forces If you had to choose another vocation what would it be? Own and operate a restaurant.
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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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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.
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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.