News: Financial Digest

REFA hosts Annual Fall Conference at the Westin on September 5 - Nordby of CoStar Portfolio Strategy delivered the keynote

On Friday, September 5, REFA held their Annual Fall Conference at the Westin. Hans Nordby, managing director of CoStar Portfolio Strategy, delivered a keynote address - providing a positive outlook on the market. Frank Petz, managing director, capital markets of JLL moderated a panel discussion on Boston's Booming Suburban Markets. Justin Krebs, partner, Normandy Real Estate Partners; Edward Marsteiner, partner & director of acquisitions, National Development; Richard Monopoli, vice president, development, Boston Properties and Doug MacLean, senior vice president - commercial lending, First Niagara Bank discussed some of their development projects and the market influences behind the projects. On Thursday, October 2, Pam Herbst, managing director and head of the direct investment group at AEW Capital Management will be the recipient of the Robert S. Swain Jr. Distinguished Service Award at the 26th Annual REFA Gala! Herbst joins an elite list in the real estate community of past recipients; most recently mayor Thomas Menino in 2013, Joe Fallon of the Fallon Company in 2012, Thomas Hynes of Colliers International in 2011, and Thomas DeSimone of WS Development in 2010. The Annual REFA Gala will be held on Thursday, October 2 at Westin Copley Place. Over 500 real estate finance professionals will gather for one of the best networking events of the season! This fall, REFA will hold many great events including a REFA Fundamentals with Lori Mabardi, research director at JLL on Tuesday, September 16; a members-only luncheon on "How Assembly Row Was Assembled" - featuring Don Briggs of Federal Realty Investment Trust on Thursday, October 9 and an industry leaders luncheon with Anthony Frammartino, principal of The Townsend Group on Tuesday, October 21. Interested in Joining REFA or learning more about REFA's events? Contact Maggie Collins at mcollins@gbreb.com We have over 600 followers on Twitter! Join the conversation today @REFABoston.
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
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.