News: Finance

Cooper-Horowitz arranges financing for 5 properties totaling $29.625m

Cooper-Horowitz, Inc. recently arranged financing on the following properties: * 85 Dan Rd., Canton, Mass.: office/research facility. The loan was for $3.825 million. * 275 Dan Rd., Canton: office/research facility: The loan was for $3.9 million. *Western Row Plaza: 6643 Western Row, Mason Ohio: A 31,000 s/f retail center. The loan was for $3.1 million. * 1756 Highway 17, Surfside Beach, S.C.: 174,000 s/f retail center. The loan was for $9.8 million. * Hampton Inn & Suites, 4800 Market St. Fredericksburg, VA: 121 room hotel. The loan was for $9 million. The firm was represented by Mark Waldman & Malcolm Jacobs on the above transactions
Tags: Finance
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Columns and Thought Leadership
Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick

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
Are appraisers on the same page as the assessor? - by Richard Seman

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.
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.
Massachusetts real estate transfers  over $1 million face new tax rules as of November 1st - by Daniel Meyer

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