Goedecke & Co., LLC, has appointed Paul Barry as senior vice president. Barry will be responsible for the origination of debt, equity and structured finance investments on behalf of clients throughout New England.
Barry has 25 years of experience in commercial real estate including debt placement, acquisitions, and asset management. Barry previously held the position of senior vice president at Trammell Crow Co., where he was the director of acquisitions for the Trammell Crow Private Equity Fund. Prior to Trammell Crow, Barry was director of North American assets for the Lone Star Funds.
According to Peter Goedecke, managing member, "We have known Paul for many years as a true real estate professional and we are excited to have him join our team."
Goedecke & Co., LLC is New England's largest independent commercial mortgage banking company with offices in Boston, Massachusetts and Westport, Connecticut. Goedecke is a leading provider of specialized access to regional and global debt and equity capital markets for developers and investors. Goedecke & Co., LLC was founded by Peter L. Goedecke in 1998 after the sale of Fowler, Goedecke, Ellis & O'Connor, Inc. to AMRESCO.
Company Website: www.goedeckeco.com
For further info call Christine Morrell at 617 790 9000.
Boston, MA RE&FA’s spring and summer programming continued to highlight the trends and issues shaping the commercial real estate industry. In May, RE&FA hosted Data Centers in the Current CRE Landscape at The Retreat at 225 Franklin St. The program drew strong engagement and fostered thoughtful discussion around one of commercial real estate’s fastest-growing and most impactful sectors.
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
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