Due to construction, the drive-up lane 1 will be closed at our Woburn Main branch from Tuesday, October 20 until Monday, October 26. The branch will remain open during regular business hours.

Our Woburn Main branch will be temporarily closed from Monday, October 26 through Friday, October 30 while we repave the parking lot. View more details.

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Webinar

Northern 1031 Exchange: Parties and Properties in a 1031 Exchange

Understanding who—and what—can be involved in a 1031 exchange is critical to executing it correctly. In this on-demand webinar, our Northern 1031 Exchange expert covers the different types, formats, and variations of exchanges, along with the parties and properties that qualify. You’ll gain clarity on disregarded entities, common ways to hold title, tenants in common, and how the same taxpayer rule applies, including special considerations for spouses. The session also tackles common like-kind property myths, key exceptions, and practical scenarios investors frequently encounter. Whether you’re new to 1031 exchanges or looking to refine your understanding, this webinar provides a strong foundation for compliant and successful exchanges.

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About Northern Bank

Northern Bank is a full-service bank dedicated to providing practical, common sense financial solutions to help our customers live their lives and grow their businesses. From deposit products to loans to payment and collections services, we work hands-on with our entrepreneurial customers, both locally and across the country, to provide the financial support they need to realize their personal and business goals. Founded in 1960, Northern Bank has assets of $3.17 billion with 12 locations serving communities throughout Middlesex County. Northern Bank is a Member of the FDIC, and an Equal Housing Lender.

 

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