Name: David Grossman
Title: Principal
Company: First Boston Capital Partners, C/O The Grossman Companies
Birthplace and year: Boston, Mass., 1979
Family: Wife, Dora; new baby boy
College: Brown University, BA, Business Economics and Public & Private Sector Organizations
First job in finance or allied field: Wells Fargo, financial analyst
What do you do now and what are you planning for the future? Originally we started financing builders - a void left open by the banks. Today we target investors and developers with non-owner occupied properties located primarily within two hours of Quincy.
Hobbies: Time with family, sports
Favorite book: Anything by David Baldacci
Favorite movie: "Lean on Me"
Key to success: Under promise and over deliver
If you had to choose another vocation what would it be? Teacher
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.