News: Financial Digest
Posted: November 19, 2007
Washington Trust is R.I. top SBA lender in dollar volume for 2007
The Washington Trust Company has earned designation as the top Small Business Lender in R.I., in dollar volume for the 2007 fiscal year, according to reports released by the U. S. Small Business Administration (SBA) as of September 30th. Washington Trust approved 80 loans totaling $10.87 million during the 2007 fiscal year.
"Small business is the engine of our local economy," said John Warren, chairman and CEO of Washington Trust.
"I congratulate Washington Trust for their continuing commitment to the small business community," said Mark Hayward, director of the SBA Rhode Island District Office.
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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.
Columns and Thought Leadership
What’s UP with that? - by Kyle Kadish
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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.
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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
Another reason to stay debt free in a 1031 Delaware Statutory Trust exchange - by Dwight Kay
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.