News: Financial Digest

Lennon joins Brookline Bank as vice president

Peter Lennon has joined Brookline Bank's commercial real estate banking division as vice president. He comes to Brookline with over 13 years of banking experience, including relationship management for both real estate and C&I clients as well as in financial product development. Lennon will be located at the bank's Clarendon St. offices in Boston. "We continue to attract top-level talent to our team," said Darryl Fess, division executive of commercial real estate banking. "Peter's experience plus his dedication to full relationship management fits our client servicing model perfectly." Lennon was previously employed at IBRC Boston Limited (formerly Anglo Irish Bank) in Boston, New York, and in Dublin, Ireland. He holds an Honours Degree in Economics and Politics from Trinity College Dublin.
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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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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.
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.