News: Financial Digest

Douglas Nickerson President Nickerson Financial Corp.

Name: Douglas Nickerson Title: President Company: Nickerson Financial Corporation Location: 265 Scraggy Neck Rd., Cataumet, Mass. Birthplace and year: Arlington, Mass., 1960 Family: Wife, Wendy; 5 children, 1 foster child College: University of Maine, BS, Business; Bentley College, MFS First job in finance or allied field: Baybank, branch manager What do you do now and what are you planning for the future? We are a commercial mortgage brokerage firm getting ready to celebrate 20 years in business. Hobbies: Fishing, boating, coaching soccer Favorite book: Anything by Stephen King Favorite movie: "The Outlaw Josey Wales" Person you admire most (outside of real estate): Ronald Reagan Key to success: Provide exceptional service to our clients. If you had to choose another vocation what would it be? Charter boat fishing captain
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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

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.
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.