Grant joins Washington Trust as VP at the Oaklawn Ave. branch
Al Grant has joined Washington Trust as vice president, mortgage lending officer, and is located in the bank's Oaklawn Ave. branch office. He is responsible for originating mortgage loans and works closely with a network of real estate, financial, and building professionals throughout R.I., Mass. and Southeastern Conn.
Grant has more than 25 years of lending and management experience, and recently was president of a local mortgage company He has a bachelor's degree from the University of Rhode Island, and is a Certified Residential Mortgage Specialist.
Swansea, MA EagleBridge Capital has arranged construction mortgage financing in the amount of $5.9 million for Phase One of Cedarbrook Homes. The mortgage was arranged by EagleBridge senior director Brian Walsh and principal Ted Sidel who stated that the loan was provided by a leading national lender.
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