Glick joins Paradigm Capital Group as head of mortgage originations
Glick formerly of Mercury Capital has joined Paradigm Capital Group as the head of mortgage originations. Glick is based in N.Y. with 10 years of experience with commercial bridge loans. Paradigm Capital Group founded by Jeffrey Meshel formally founder and co-president of Mercury Capital Corp is one of the nation's leading direct mortgage lending institutions, specializing in fast and creative solutions for immediate financing needs.
Paradigm Capital is a direct short-term commercial bridge lender. They engage in creative financing, providing non-conforming commercial loans with loan amount ranging from $1 to $20 million.Â
East Lyme, CT Newmark has arranged $115.6 million in financing on behalf of the sponsor to refinance The Cove at Gateway Commons and Sound at Gateway Commons. Newmark Capital Markets Strategies managing director Avi Kozlowski secured the financing through Freddie Mac.
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.
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 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.
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