News: Finance

Jonathan Levirne Managing Director Edgewood Capital Advisors

Name: Jonathan Levirne Title: Managing Director Company: Edgewood Capital Advisors Location: 134 Old Post Rd., Southport, CT 06890 Birthplace and year; Chappaqua, N.Y., 1979 Family: Single College: Wesleyan University, BS, Government; pursuing masters, in real estate at NYU First job in real estate or allied field: Edgewood Capital Advisors, associate What do you do now and what are you planning for the future? Responsible for sourcing Edgewood's commercial mortgage and equity investments. We are currently raising out third investment fund which will continue to focus on high yielding real estate assets. Hobbies: Basketball, golf Favorite book: "When Genius Failed" Favorite movie: "The Gladiator" Person you admire most (outside of family): Tiger Woods Key to success: Persistence If you had to choose another vocation what would it be? Professional golfer
Tags: Finance
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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.
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
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
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.