Guerin and Kaliviotis join Eastern Bank as vice president/branch managers in Andover and Burlington
Eastern Bank, a full-service commercial bank headquartered in Boston, has hired Kim Guerin as an assistant vice president and branch manager of the bank's Andover office located at 60 Main St.
Prior to joining Eastern Bank, Guerin spent 16 years as a senior small business banker at Sovereign Bank.
Also, Eastern Bank has hired Margarita Kaliviotis as a vice president and branch manager of the bank's Burlington office located at 43 Middlesex Tpke.
Prior to joining Eastern Bank, Kaliviotis spent five years working as a branch manager at Enterprise Bank in Lowell.
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.
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
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.
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.