News: Financial Digest

NorthEast Community Bank closes $2.572m in loans for 6 properties

NorthEast Community Bank has recently closed $2,572,220 in loans consisting of several transactions: Mortgage Network arranged the following transaction: *$295,000 in refinance money for a mortgage secured by a three-story multi-family building Bedford Lending arranged the following transaction: *$920,000 in refinance money for a mortgage secured by a rehabbed three-story wood-framed 14 unit multi-family building in Deerfield, N.H. Eaton Partners arranged the following transaction: *$340,000 in purchase money for a mortgage secured by a 9 unit three-story multi-family building located in Manchester, N.H. NorthEast Community Bank completed the following transactions: *$287,200 in refinance money for a mortgage secured by a three-story multi-family building located in Raymond, N.H. *$250,000 line of credit on a three-story brick mixed-use building consisting of 18 apartments and three commercial units. *$480,000 in refinance money for a mortgage secured by a 3,600 s/f stand-alone commercial building.
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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.