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Eastern Insurance Group appoints Brockway as senior vice president

Eastern Insurance Group LLC has appointed Peter Brockway, ARM, CIC, as senior vice president. Brockway, who will work as a sales executive and producer, comes to Eastern Insurance after spending 35 years working at Liberty Mutual, where he was a senior account executive in its national sales department. "Eastern Insurance is excited to welcome Peter to our team," said Hope Aldrich, president and CEO of Eastern Insurance. "Peter brings a wealth of experience to Eastern Insurance from working in a variety of insurance fields for many years." At Liberty Mutual, Brockway filled a variety of roles, working in auditing, property and casualty sales and real estate. He is a member of Liberty's Hall of Fame. Brockway earned his BS in Business Management and Associates Degree in Accounting from Bentley College and is also the president of Sherborn Forest and Trails, a family oriented association that helps families enjoy Sherborn's open space and trail system. Brockway, a graduate of Natick High School, lives in Sherborn with his wife and four children. Eastern Insurance, headquartered in Natick, is a subsidiary of Eastern Bank, the largest independent, mutually owned bank in New England with branches stretching from Merrimack Valley to Cape Cod. Eastern Insurance serves more than 70,000 individuals and businesses and provides a full range of personal and commercial insurance products, surety, and employee benefits services. Eastern Insurance is the largest insurance agency headquartered in Massachusetts and the 36th largest agency in the country.
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Boston, MA The fall season always marks the return of IFMA Boston events, and this year is no different. Registration is now open for IFMA Boston’s FMForward Deep Dive 2024. The FMForward Deep Dive 2024 Conference will be held on November 19th at the Babson Executive Conference Center in Wellesley, Mass.
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Another reason to stay debt free in a 1031 Delaware Statutory Trust exchange - by Dwight Kay

Another reason to stay debt free in a 1031 Delaware Statutory Trust exchange - by Dwight Kay

It seems like every day there is another reason showcasing the reason why more and more investors are choosing to stay debt-free when investing in Delaware Statutory Trust (DST) properties in a 1031 exchange.
Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick

Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick

Our current, highly competitive real estate market poses specific challenges for investors who are considering taking advantage of a tax-deferred 1031 exchange. In this market, investors will have no problem selling their current property if priced properly, but they may find it difficult to find a suitable replacement property
What’s UP with that? - by Kyle Kadish

What’s UP with that? - by Kyle Kadish

Investors have multiple tools to defer tax liabilities when selling investment properties. The best known is likely a 1031 exchange - which has been around in some form or fashion for over 100 years. Installment sales have existed as part of the code for more than 75 years. Newer legislation (2017) created Qualified Opportunity Zones (QOZs)
Cracking the code: Understanding the pros and cons of Delaware Statutory Trusts for 1031 Exchange real estate investors - by Dwight Kay

Cracking the code: Understanding the pros and cons of Delaware Statutory Trusts for 1031 Exchange real estate investors - by Dwight Kay

In the realm of real estate investing, the 1031 exchange Delaware Statutory Trust can provide savvy real estate investors a unique opportunity to achieve passive management, the potential for regular monthly distributions, and a way to enter one of the most tax efficient real estate investment strategies available today.