Fedreal Realty rings closing bell at NYSE to celebrate 40 years of success
Federal Realty Investment Trust's members of the management team and board of trustees, rang the closing bell at the New York Stock Exchange (NYSE) on Wednesday December 19th.
The bell ringing celebrates Federal Realty's 40th consecutive year of increased dividends and the trust's planned addition to the Standard & Poor's (S&P) MidCap 400.
At the close of trading December 20th, S&P added Federal Realty Investment Trust to the S&P MidCap 400.
The S&P indices are regarded as the best single gauge of the U.S. equities market. This world-renowned S&P MidCap 400 index includes leading companies in diverse sectors of the U.S. economy. The S&P is a core component of the U.S. indices that can be used as building blocks for portfolio construction.
How many of you remember real estate development in the late 1980s? Project sourcing was difficult, until it wasn’t. Into the 90’s, a few years after, banks and other financial institutions were very happy to fund projects.
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.
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.
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
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