Name: Brian Sheehan
Title: Principal/Managing Director
Company: Eagle Bridge Capital
Locaiton: 33 Broad St., Suite 900, Boston, MA 02109
Place of Birth and Year: Boston, MA - 1971
Family: Wife Lisa, daughter Olivia, son Kaidan
College: U Mass Amherst, BS Finance; Simmons College, MS Science & Physical Therapy
First Job Outside of Finance: Body Works Physical Therapy, president
First Job in Finance or Allied Field: The Cabildo Group, president
What do you do now and what are you planning for the future? Arrange debt and equity financing for all types of real estate transactions through the U.S. however our focus is New England. I manage a sponsor equity fund for large multi-family projects in greater Boston
Hobbies: Coach sports for my kids, skiing & running
Favorite Book: "The Ascent of Money" by Niles Ferguson
Favorite Movie: "Field of Dreams"
Key to Success: Discipline
If you were forced to choose another vocation what would it be? Real Estate Investment Manager
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.
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
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