46th Annual Convention held at the Hyatt Regency Hotel & Spa in Newport, RI

NELTA held its 46th Annual Convention at beautiful Hyatt Regency Hotel & Spa on Goat Island in Newport, RI from June 18 - 21. Pictures are some of the attendees.

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Washington Trust finances $28.8 million construction loan for 104-unit The Village at South County Commons

South Kingstown, RI The Washington Trust Company (Washington Trust) has financed a $28.8 million construction loan for new multifamily housing in Washington County.

AI can write the paragraph. It cannot sign the certification - by Josephine Aberle

Munoz, Sykes, and Riekstins of Northmarq arrange $22.855 million in financing for Elora Flats & Townhomes

Northmarq arranges $22.855 million in financing

Colliers arranges $44.5m in construction financing for 145-units multifamily development

JLL places $39 million in financing for The Arbella at Bramble Hill

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PeoplesBank and Sherwin-Williams to anchor new Bloomfield retail center

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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.

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.

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

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