News: Financial Digest

Professional Profile: Rocco Quaresima, 2014

Name: Rocco Quaresima, MAI Title: President, Connecticut Chapter of Appraisal Institute Company: FRQ Property Advisors, LLC Location: 750 Main St., Suite 304, Hartford, CT 06103 Place of birth and year: Hartford, CT - 1967 Family: Single - engaged College: UCONN - BS Business Administration, Finance First job in Appraisal or allied field: Reviewer for CBT What do you do now and what are you planning for the future: Get more younger members involved - bring back camaraderie. Hobbies: Make wine; cook Favorite book: "Quantum Success" Favorite movie: "Shawshank Redemption" Person you most emulate (outside of family): Chris Italia (appraiser) Key to success (one idea): Integrity - hard work If you were forced to choose another vocation what would it be?: Chef
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.
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Columns and Thought Leadership
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.