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Finance
Posted: July 11, 2008
Breda named senior vice president of Goedecke & Co.'s Westport, CT office
According to Goedecke & Co., LLC, Timothy Breda has been appointed as senior vice president in charge of the company's Westport, Conn. office. Breda will be responsible for origination of debt, equity and structured finance investments on behalf of clients throughout southern N.E. and metro New York.
Breda has over 24 years of experience in commercial real estate including debt and equity placement, structured finance, appraisal and construction lending.
According to Peter Goedecke, managing member, "We have known Breda for many years as a friend and a competitor and we are absolutely thrilled to have him join our team. He is universally esteemed by our lenders and we look forward to his deal-making in Conn. and the tri-state area."
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Finance
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Quick Hits
Columns and Thought Leadership
Massachusetts real estate transfers over $1 million face new tax rules as of November 1st - by Daniel Meyer
Attention to owners of real estate in the Commonwealth (and the title companies and other professionals who advise them), the Massachusetts Department of Revenue (the “DOR”) recently adopted a new “millionaire’s tax” via 830 CMR 62B.2.4
Are appraisers on the same page as the assessor? - by Richard Seman
The purpose of this article is to address problematic or confusing issues which may help assessors and appraisers to better understand how to value real estate for tax assessment purposes.
Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick
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
The focus on price per s/f compared to the comparable sales used in the appraisal report - by Dennis Chanski
Over the past several weeks, I have completed appraisal assignments for private clients. Interestingly, after submitting these appraisals, I received several phone calls – not to question the value, content, or any incorrect information, but rather to discuss the price per s/f compared to the comparable sales used in the report.
