News: Financial Digest

Merrimack Mortgage hires Clark, Johnson, Getchell and Romagnoli

Patti Clark, Brian Johnson, Gloria Christian and Mark Romagnoli have joined Merrimack Mortgage Company, Inc. *Clark has joined its firm as a home mortgage consultant. Clark is a veteran in the mortgage business starting her career in 1986 at Fleet Mortgage Corp. Most recently, Clark spent 13 years working for Wells Fargo Home Mortgage. *Johnson has joined its firm as a branch manager. Johnson has over 25 years of real estate/mortgage lending experience. Previously, Johnson operated a branch office for Allied Home Mortgage Capital Corp. * Getchell has joined its firm as account manager. Getchell has 20 years of experience in the mortgage banking industry. Previously, Getchell operated a branch office for Allied Home Mortgage Capital Corp. *Romagnoli has joined its firm as a home mortgage consultant. Previously, Romagnoli spent 15 years working for Wells Fargo Home Mortgage as a home mortgage consultant/sales manager in the Nashua and Manchester markets.
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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.
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.