News: Finance

Jill Hatton 2012

Name: Jill Hatton Title: N.E./Upstate Chapter Chair of CRE Location: 38 Irving St., Boston, MA 02114 Birthplace and year: Milwaukee, Wis., 1959 Family: Husband, Gary; children: Garrett, Nicole and Jim College: Univ. of Wisconsin, Madison; BA, Business Administration, major in Real Estate and Finance; MS, Business from same school First job in finance or allied field: Analyst for GE Capital Corp. What do you do now and what are you planning for the future? Continue to develop insightful programs; networking, build membership. Expand activities with other professional organizations; also pursue real estate academic programs. Hobbies: Outdoor activities, boating, skiing, hiking Favorite book: Mitchner series, especially "Centennial" Favorite movie: "Harold and Maude" Person you admire most (outside of family): Professor James Graaskamp - Real Estate education at Wisconsin Key to success: Enjoy what you do. If you had to choose another vocation what would it be? Scout or coach for a sports organization
Tags: Finance
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Kozlowski of Newmark Capital Markets secures $115.6 million financing for two properties in CT

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The focus on price per s/f compared to the  comparable sales used in the appraisal report - by Dennis Chanski

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.
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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.
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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
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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