Name: John Lynch
Title: Managing Partner
Company: Lynch DeSimone & Nylen, LLP
Location: 12 Post Office Square, Boston MA 02109
College: Boston College - BA English; Suffolk Law School - JD
First job in finance or allied field: Legal assistant to Suffolk District Attorney
What do you do now and what are you planning for the future? Litigation and trial work related to real estate valuation. I represent institutional clients, real estate trusts, municipalities, diminution of property because of pollution; tax exempt issues with public/private sector.
Hobbies: Time with family, golf, swim, jog, walk
Favorite Book: "The Match" by Mark Frost
Favorite Movie: Lawrence of Arabia; No Country for Old Men
Person you most emulate (outside of family): Appraiser Dick Dennis; Winston Churchill; Edward Kennedy
Key to success: Hard work, persistence, treat people with dignity
If you were forced to choose another vocation, what would it be? Journalist
Boca Raton, FL C-Lounge Capital provides $18m equity investment for $48m acquisition of Fountains of Boca Raton by Interface Properties. C-Lounge Capital is a relationship-driven family office investment platform backed by more than 50 years of commercial real estate experience.
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