News: Finance

Jeffrey Rahn President Real Estate Finance Assn. of Greater Boston

Name: Jeffrey Rahn Title: President, Real Estate Finance Association of Greater Boston Real Estate Board Company: MMA Financial Location: 101 Arch St., Boston Birthplace and year: Mt. Morris, Ill., 1954 Family: Wife, Janice; sons: Jake and Josh College: Eastern Illinois Univ., BS Accounting; DePaul Univ., MBA First job outside of finance: Urban Investment & Development Co., managed shopping centers. First job in finance or allied field: Balcor - financial analyst What do you do now and what are you planning for the future? Maintain current programming and member networking opportunities; elevate REFA's image in the real estate community; maintain community service program. Hobbies: Play tennis Favorite book: Anything by James Lee Burke or Dean Koontz Favorite movie: I love the Diehard Series. Key to success: Show respect. If you had to choose another vocation what would it be? Personal financial advisor
Tags: Finance
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Are appraisers on the same page as the assessor? - by Richard Seman

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.
The focus on price per s/f compared to the  comparable sales used in the appraisal report - by Dennis Chanski

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.
Massachusetts real estate transfers  over $1 million face new tax rules as of November 1st - by Daniel Meyer

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

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