Name: Jerami Marshal
Title: President and chair for Mass. Mortgage Bankers Association
Company: Sovereign Bank
Location: 75 State St., Boston, MA 02109
Birthplace and year: Nashville, TN, 1952
Family: Wife, Roxanne; daughter, Monica
College: UCLA, studied music and business finance
First job outside of finance: Lieutenant for Los Angelos County sheriff's mounted department - search & seizure
First job in finance of allied field: Gibraltar Savings, loan office
What do you do now and what are you planning for the future? I want to address the issue of "what's in it for me?" with regard to membership through a variety of channels, including the offering of scholarships for community college students; refine committees and have less seminars but with more substance that members want. I'm also looking at having a second annual conference on loan servicing and secondary marketing in May, in addition to the traditional one in the fall.
Hobbies: Golf; I enjoy playing the drums
Favorite book: I'm a mystery novel fan.
Favorite movie: "Arthur"
Key to success: You have to be really good to get to the top and really great to stay there.
If you had to choose another vocation what would it be? A drummer
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