In honor of Juneteenth National Independence Day, Northern Bank branches and the Contact Center will be closed on Friday, June 19. As always, mobile banking, online banking and our ATM network are available to you 24/7.

Due to construction, the drive-up window and drive-up ATM will not be available at our Billerica branch. The branch will remain open during regular business hours, but the drive-up lanes will remain closed during construction.

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Webinar - 1031 Exchange

Reverse and Improvement Exchanges: Understanding Parking Arrangements

1031 Webinar Series
 

Traditional 1031 Exchanges assume you sell first and buy later. But what happens when market conditions require you to acquire a replacement property before your relinquished property sells?

Reverse and Improvement (or “build-to-suit”) Exchanges offer strategic flexibility — allowing investors to purchase first or use exchange proceeds to fund improvements. However, these transactions require careful structuring through parking arrangements and strict adherence to IRS guidelines.

In this webinar, we will explore:

  • How reverse exchanges are structured
  • The role of Exchange Accommodation Titleholders (EATs)
  • How parking arrangements work
  • Using exchange proceeds to fund renovations or improvements
  • Timing considerations and common pitfalls

Designed for investors and attorneys, this session provides practical insight into more advanced exchange strategies — and when they may be appropriate.

1
Sep
22
When

Tuesday, September 22, 2026 @ 12:00pm - 1:00pm ET

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