News: Finance

Direct Invest's Boston office hires Bevis as manager of equity

According to Direct Invest, Brad Bevis has joined the company's Boston office as manager of equity, where he will be responsible for managing broker dealer relationships and raising tenant-in-common equity. Prior to joining Direct Invest, Bevis served as a commercial leasing broker with The Codman Company in Boston where he specialized in landlord and tenant representation throughout greater Boston's suburban office market. A resident of Charlestown, Mass., Bevis is a licensed real estate broker, a member of the Commercial Brokers Association (CBA), and a member of the Greater Boston Real Estate Board. He is also the founder and co-chairman of The Patty Fund, a charitable organization which funds brain cancer research at the Massachusetts General Hospital in Boston. A graduate of Loyola College in Maryland, Bevis also sits on the board of directors for the Charlestown Lacrosse and Learning Center. "Brad's background in the real estate and financial industries is a perfect fit for the company and our specific TIC industry needs in the Boston office," said Peter Evans, principal of Direct Invest.
Tags: Finance
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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.
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.
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