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Finance
Posted: September 11, 2008
Deutsche Bank Berkshire Mortgage receives three premiere awards
Deutsche Bank Berkshire Mortgage (DBBM) has received three premiere awards at the Annual Fannie Mae Delegated Underwriting and Servicing Program (DUS) conference, held in July at the Ritz Carlton in Half Moon Bay, Calif.:
*Number one Fannie Mae DUS Producer for 2007;
*Top Credit Underwriter for 2007; and
*Leadership in DUS Production for 2007.
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Finance
MORE FROM Finance
MassDevelopment, Nuveen Green Capital, and Millennium Partners finalize $281m financing for Millennium Residences
Boston, MA MassDevelopment, Nuveen Green Capital, and Millennium Partners have finalized $281 million in private financing for the Millennium Residences at Winthrop Center in downtown under the state’s Property Assessed Clean Energy (PACE) Massachusetts program. This project represents the largest commercial PACE financing to date in New England.
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Quick Hits
Columns and Thought Leadership
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
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
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
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.
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