 (1).gif)
News:
Finance
Posted: June 9, 2017
Larew Doyle & Associates arrange $15.75m construction financing
Larew Doyle & Associates
Warwick, RI Alan Doyle, principal of Larew Doyle & Associates, arranged $15.75 million in construction financing for a 125-room Hyatt Place Hotel. Construction commenced in early April and completion and grand opening is planned for May 2018. Besides Hyatt’s superior quality amenities, the new hotel will benefit from access to/from I-95 and will be the only hotel in the state to have direct pedestrian access to T.F. Green International airport and its intermodal system.
The hotel is adjacent to the airport’s 2,000 space parking garage and across from the city’s planned 100 acre mixed-use development site which is expected to be improved with commercial, residential and retail developments.
D’Ambra Warwick Hotel, LLC is the developer of this property, which is being financed by a Brockton Massachusetts based lender.
Larew Doyle is a regional commercial real estate financing advisor with offices in Providence, New York City and Syracuse, NY. Experienced institutional investment managers, our seasoned group of professionals provide unparalleled access and client representation to regional and national real estate debt and equity capital markets.
Tags:
Finance
MORE FROM Finance
C-Lounge Capital provides $18m equity investment for $48m acquisition of Fountains of Boca Raton by Interface Properties
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.
 (1).gif)
Columns and Thought Leadership
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
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
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.
