According to Berman Adjusters, Jeff Sabel has recently joined the firm in the position of vice president. Sabel presently serves on the board of directors for BOMA, Boston chapter.
Prior to joining Berman Adjusters, Sabel was vice president for one of the largest restoration companies in Greater Boston, where he was responsible for establishing disaster planning, as well as emergency response programs for several property management companies.
Sabel has a bachelor of science degree in Risk Management Insurance from Florida State University. Among his professional affiliations, Sabel served as past president of Disaster Kleenup International (Northeast Chapter), and in 2007, he was named BOMA Affiliate Member of the Year.
Sabel is a 3rd generation public insurance adjuster, and, according to the company website, has extensive experience handling insurance claims for commercial and residential properties.
Sabel is involved in many charitable organizations, including Shriners Hospitals for Children (where he received the Gold Book Society Award). He also serves on the Board of Directors of the South Shore Young Professionals. Mr. Sabel now lives in Plymouth, Massachusetts with his wife Darcy and son Brody.
How many of you remember real estate development in the late 1980s? Project sourcing was difficult, until it wasn’t. Into the 90’s, a few years after, banks and other financial institutions were very happy to fund projects.
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