News: Financial Digest

O'Neill sworn in as 2014 REFA president at GBREB installation

John O'Neill of Holland & Knight LLP was officially sworn in as the REFA's president for 2014 at the Greater Boston Real Estate Board's (GBREB) installation of officers event held on January 30, at WilmerHale LLP. Sworn in alongside O'Neill were the four presidents representing the other four divisions of the GBREB in addition to REFA: The Commercial Brokers Association (CBA), The Building Owners and Managers Association (BOMA), The Greater Boston Association of Realtors (GBAR), and The Rental Housing Association (RHA). In addition, Gordon Pulsifer, CEO and Founder of First Resource Companies, was sworn in as Chairman of the GBREB. REFA programming continues to be strong into the first two months of the year. On January 8, REFA Education hosted a fundamentals program on the basics of insurance. The presentation was led by Bernie Gitlin of Risk Strategies Company and was well received. Also in January, Peter Palandjian, chairman and CEO of Intercontinental Real Estate Corp. hosted an Emerging Leaders Series at his office in Boston. Palandjian talked about his career path and offered personal insight on professional development. The Emerging Leaders Series programs are planned by the REFA emerging leaders committee, and are intended to give younger professionals the opportunity to network and engage with a senior-level executive in the industry. On the heels of the very successful Annual Forecasting Luncheon in January, REFA held their Annual MBA Wrap-Up Luncheon on February 13 at PricewaterhouseCoopers LLP. This annual luncheon serves to give perspective and analysis from the Mortgage Bankers Association's Annual Commercial Real Estate Finance/Multifamily Housing Convention and Expo, held this year in Orlando. Greg LaBine from HFF moderated a panel of industry experts who attended the conference, including Joanne Adkins from John Hancock Real Estate Finance Group, Todd Goulet from KeyBank Real Estate Capital, and Marilyn Mawn from JP Morgan Securities, Inc. The next REFA education program, titled, Asset Allocation for 2014 - How Institutional Capital will be Flowing into Real Estate, will take place on February 27 at PricewaterhouseCoopers LLP. Sean Ruhmann from NEPC, LLC will moderate a panel discussing real estate as an asset class, views of the real estate market today, and how allocation of capital to real estate will look in 2014. Panelists include Marc Cardillo from Cambridge Associates, Paul Mace from Tufts University, and Tim Schlitzer from MassPRIM. For more information about REFA upcoming programs and events, please visit our website at www.REFA.org.
MORE FROM Financial Digest

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.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
Columns and Thought Leadership
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.