Goedecke & Co hires Eakin as an associate at the Westport office
Goedecke & Co., LLC, has appointed Derek Eakin as associate in the company's Westport office. He works in conjunction with Timothy Breda, senior vice president and office managing partner, in the production of fee income from real estate financing transactions.
As a member of the production team, Eakin is responsible for assisting in the development of existing client relationships as well as fostering new investor relations. Prior to joining Goedecke, Eakin worked as a senior financial analyst at Cushman and Wakefield
East Lyme, CT Newmark has arranged $115.6 million in financing on behalf of the sponsor to refinance The Cove at Gateway Commons and Sound at Gateway Commons. Newmark Capital Markets Strategies managing director Avi Kozlowski secured the financing through Freddie Mac.
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.
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.
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
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