Name: Daniel Palmier
Title: President & CEO
Company: UC Funding, LLC/CPR Advisory Services
Location: 745 Boylston St., Boston, MA
Place of birth: Staten Island, New York
Family: Married, 2 sons, 1 daughter
College: University of Notre Dame, NYU
First job outside of finance: PriceWaterhouse
First job in finance or allied field: Lehman Brothers
What your firm does now and its plans for the future? At UC, we are a direct lender that provides capital solutions to real estate entrepreneurs. We provide commercial loan financing; including bridge, mezzanine, equity debtor in possession notes, note acquisition & REO acquisition. At CPR we are an asset management and intermediary firm that provides the gamete of services including; workout asset management, sales, and brokerage services.
Hobbies: Fishing, chess, basketball and horse back riding with family
Favorite novel: "Caesar: Life of a Colossus" by Adrian Goldsworthy
Favorite website: E-trade
Keys to success: Early to bed, early to rise, work your butt off and advertise.
Person(s) you most admire (outside of family): Ronald Reagan
Boca Raton, FL C-Lounge Capital provides $18m equity investment for $40m acquisition of Fountains of Boca Raton by Interface Properties. C-Lounge Capital is a relationship-driven family office investment platform backed by more than 50 years of commercial real estate experience.
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
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.
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.
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