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News:
Finance
Posted: March 8, 2012
David Grossman 2012
Name: David Grossman
Title: Principal
Company: First Boston Capital Partners, C/O The Grossman Companies
Birthplace and year: Boston, Mass., 1979
Family: Wife, Dora; new baby boy
College: Brown University, BA, Business Economics and Public & Private Sector Organizations
First job in finance or allied field: Wells Fargo, financial analyst
What do you do now and what are you planning for the future? Originally we started financing builders - a void left open by the banks. Today we target investors and developers with non-owner occupied properties located primarily within two hours of Quincy.
Hobbies: Time with family, sports
Favorite book: Anything by David Baldacci
Favorite movie: "Lean on Me"
Key to success: Under promise and over deliver
If you had to choose another vocation what would it be? Teacher
Tags:
Finance
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Quick Hits
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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
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.
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
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
