
Franklin Savings Bank
Franklin, NH Franklin Savings Bank promoted Heather Capraro to VP, senior business relationship officer. The bank is also happy to welcome Howard King to its residential lending team to the position of residential loan officer.
Capraro joined FSB in 2016 as AVP, retail sales and business development officer in the retail group. She will continue to work closely with the retail team to provide coaching for various sales initiatives, as well as the business development units to cultivate and maintain business relationships for her area.
“This is a wonderful accomplishment for Heather,” said Joseph Thornton, SVP, retail banking officer.
King recently joined FSB at its lending office in Bedford. In this role, he will be responsible for originating residential mortgages in the southern region. King has over 18 years of experience in residential lending, having served in roles with Eastern Bank as a reverse mortgage specialist and Peoples United Bank as an assistant vice president.
“We are pleased to welcome Howie to our team,” said Janet Haines, VP, loan administration & operations.
The multifamily market in Maine’s major cities presents a diverse range of opportunities for investors. We looked at the potential benefits and unique characteristics of three major submarkets in the state: Portland, Bangor, and Lewiston-Auburn. The information below is based on research done in CoStar and county registries, and focuses on multifamily properties that have four or more units.
As we all know, interest rates have been changing drastically, with movement in both directions, depending on the type and term of financing. The Federal Open Market Committee has taken drastic action in efforts to curb abnormally high inflation, but it hasn’t controlled labor cost growth to the extent that was intended.