 (1).gif)
News:
Finance
Posted: September 11, 2008
Hart appointed VP of comm'l. R.E. banking at Middlesex Savings Bank
Michael Hart was recently appointed vice president of commercial real estate banking at Middlesex Savings Bank.
In this position, Hart is responsible for the investment real estate portfolio including office, retail, industrial and multi-family properties. His projects include new construction, value-added renovations and income-generating properties, as well as the purchase or development of owner-occupied buildings. Hart is based in the bank's headquarters in Natick.
Hart has over 20 years experience in real estate finance, and joined Middlesex Savings Bank from Q10 New England Realty Resources.
Tags:
Finance
MORE FROM Finance
Washington Trust finances $28.8 million construction loan for 104-unit The Village at South County Commons
South Kingstown, RI The Washington Trust Company (Washington Trust) has financed a $28.8 million construction loan for new multifamily housing in Washington County.
 (1).gif)
Columns and Thought Leadership
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.
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
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
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.
