According to Christopher Oddleifson, president and CEO for Rockland Trust, Gerard Nadeau has been promoted to executive vice president, commercial banking. In this role, Nadeau will oversee all commercial banking and commercial credit administration activities for the bank. Nadeau replaces the retiring Ferdinand Kelley, who held the position for the past fourteen years.
Oddleifson said, "Gerry Nadeau has been building long-term relationships with his clients for years. He epitomizes the Rockland Trust brand and we are delighted to have him lead our commercial banking business, as we continue to grow. Gerry was instrumental in helping build our commercial banking business these past 20+ years and I'm confident that he will help us continue to be successful for the next 20."
Boston, MA The fall season always marks the return of IFMA Boston events, and this year is no different. Registration is now open for IFMA Boston’s FMForward Deep Dive 2024. The FMForward Deep Dive 2024 Conference will be held on November 19th at the Babson Executive Conference Center in Wellesley, Mass.
It seems like every day there is another reason showcasing the reason why more and more investors are choosing to stay debt-free when investing in Delaware Statutory Trust (DST) properties in a 1031 exchange.
Our current, highly competitive real estate market poses specific challenges for investors who are considering taking advantage of a tax-deferred 1031 exchange. In this market, investors will have no problem selling their current property if priced properly, but they may find it difficult to find a suitable replacement property
Investors have multiple tools to defer tax liabilities when selling investment properties. The best known is likely a 1031 exchange - which has been around in some form or fashion for over 100 years. Installment sales have existed as part of the code for more than 75 years. Newer legislation (2017) created Qualified Opportunity Zones (QOZs)
In the realm of real estate investing, the 1031 exchange Delaware Statutory Trust can provide savvy real estate investors a unique opportunity to achieve passive management, the potential for regular monthly distributions, and a way to enter one of the most tax efficient real estate investment strategies available today.