 (1).gif)
News:
Finance
Posted: September 13, 2024
Join the Real Estate Finance Association for an exciting fall
Boston, MA Sponsorships and tickets are available for the 36th Annual REFA Gala on Thursday, October 17th at the Omni Boston at the Seaport, honoring Paul Nasser, president, Intercontinental Real Estate Corp. with the Swain Distinguished Service Award.
Nasser joins an accomplished group of Swain Award recipients such as Steven Samuels, founder and chairman, Samuels & Associates; Paul Ayoub, chair, Nutter; Kirk Sykes, co-managing partner, Accordia Partners; Tammy Jones, CEO and founder, Basis Investment Group; Jon Davis, CEO and founder, The Davis Companies; Bryan Koop, EVP, Boston Properties; Pam Herbst, managing director, AEW; mayor Thomas Menino; The Bulfinch Companies Inc.; and WinnCompanies.
Learn more about the Annual REFA Gala at www.annualrefagala.com.
Join REFA for our the following events:
• Annual Emerging Leaders Panel - The Future of Investing in Office: On Tuesday, September 24th, 2024 from 4:00 p.m. to 7:00 p.m., at One Federal St., 9OFS (9th Floor).
This highly anticipated discussion will focus on an in-depth look of office in the new environment bringing together owners, investors, leasing agents, and lenders. Featuring speakers, Kristin Blount, executive vice president, Colliers; Patrick Mulvihill, senior vice president, leasing, BXP; and Quentin Reynolds, managing director, Davis.
• The Immersion of AI in Commercial Real Estate: Thursday, September 26th, at 12:00 p.m. 9OFs, One Congress St.
Featuring industry experts, James Robert Scott, director, MIT and Jason Shuman, partner, Primary Ventures. More info is available online!
REFA invites you to advance your real estate career with Boston University! Whether you’re an experienced commercial real estate professional or new to the industry, Boston University’s program equips you for greater success. Evening courses, offered live via Zoom, provide networking opportunities with like-minded peers. Courses begin the week of September 16th, 2024. Learn more and register online at BU’s website, https://bit.ly/3ARkp5F
Keep an eye out as more programs and events will soon be announced for this fall. More info can be found on our website, www.refa.org under our Events tab.
What REFA members can expect this fall:
• Walking Tours;
• Educational Panels;
• Emerging Leader Executive Insights; and
• Annual Holiday Happy Hour!
Learn more about REFA, including membership, events, and ways to get involved, please visit us at www.refa.org.
Follow REFA’s LinkedIn, X, and Instagram @REFABoston.
Tags:
Finance
MORE FROM Finance
Walsh and Sidel of EagleBridge Capital arrange $5.9 million construction mortgage financing for Cedarbrook Homes
Swansea, MA EagleBridge Capital has arranged construction mortgage financing in the amount of $5.9 million for Phase One of Cedarbrook Homes. The mortgage was arranged by EagleBridge senior director Brian Walsh and principal Ted Sidel who stated that the loan was provided by a leading national lender.
 (1).gif)
Columns and Thought Leadership
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.
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.
