News: Financial Digest

Lindquist named senior vice president and senior credit officer at Dedham Institute for Savings

At a recent meeting of the board of trustees of the Dedham Institution for Savings, William. Lindquist was elected senior vice president and senior credit officer. Lindquist joined Dedham Savings in September 2009 as vice president and senior credit officer. Prior to his arrival at Dedham, he was vice president and senior commercial real estate officer of Eagle Bank for six years. Lindquist graduated in 1972 from University of West Florida, and earned an MBA from Rivier College, NH in 1985. Bill lives in Chelmsford with his wife Susan.
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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.
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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.