Name: Frederick Witte, MAI, SRA
Title: President, Conn. Chapter of the Appraisal Institute
Company: Equity Appraisal, LLC
Location: 41 Virginia Court, Richfield, CT 06877
Place of birth and year: Rockville Center, NY - 1960
Family: Wife, Marie; children, Annemarie, Freddy, Raymond, Diana
College: St. Johns
First job outside of appraisal/consulting: Delivered eggs
First job in appraisal/consulting or allied field: Appraiser for Record Data
What do you do now and what are you planning for the future: I'm involved in the "Candidate for Designation" program. We have 32 candidates who signed up and will be mentored to achieve their professional appraisal designations.
Hobbies: Duck hunting, cooking
Favorite book: "Pillars of the Earth" by Ken Follett
Favorite movie: "The Godfather - Part 2"
Person you most emulate (outside of family): David Bradley, MAI
Key to success (one idea): Work nights and weekends when the phones don't ring.
If you were forced to choose another vocation what would it be? Comedy writer
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.