News: Front Section

Randolph Savings Bank board of directors names Drummey president and CEO

The Randolph Savings Bank board of directors has elected Thomas Drummey president and chief executive officer to succeed Richard Boonisar who has retired. Drummey had been the bank's executive vice president and chief operating officer. "Having Drummey follow Boonisar will allow the bank to enjoy a seamless transition of top management," says Roy Conrad, chairman. "He has worked very closely with Boonisar as executive vice president and is familiar with every aspect of the bank's operation. He has been a big part of the success and stability we have enjoyed over the past year." Drummey joined Randolph Savings Bank in 2000 and was senior vice president, senior loan officer before being named chief operating officer in 2006. Drummey is a member of the FDIC New Immigration Alliance Task Force, the Mass. Bankers Association and the Mass. Mortgage Bankers Association.
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Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

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Columns and Thought Leadership
Four tips for a smooth 1031 Exchange - by Bill Lopriore

Four tips for a smooth 1031 Exchange - by Bill Lopriore

Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
Five ways to ruin a  Section 1031  Like-Kind Exchange - by Bill Lopriore

Five ways to ruin a Section 1031 Like-Kind Exchange - by Bill Lopriore

While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid:
Make PR pop by highlighting unique angles - by Stanley Hurwitz

Make PR pop by highlighting unique angles - by Stanley Hurwitz

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How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

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