Loveless joins The Village Bank as branch manager in Newtonville
Mark Loveless has joined The Village Bank as branch manager of the Newtonville office, according to an announcement made by Kenneth Brennan, president and CEO.
Loveless brings with him over 27 years of professional experience, most recently as banking center manager with Bank of America. He began his career with Legacy Bank/City Savings Bank in Western Mass., and has also worked with Open Solutions and as treasurer of the Berkshire Humane Society.
A Medway resident, he graduated cum laude with a bachelor's degree in history from the University of Massachusetts in Amherst, where he also earned an MBA.
The Village Bank, chartered by the state in 1910, has seven full-service offices in Newton and Wayland and a Village Loan Center in Auburndale. The Bank also offers online banking services at village-bank.com.
The bank is a member of the Federal Deposit Insurance Corporation (FDIC) and a member of the Share Insurance Fund (SIF).
How many of you remember real estate development in the late 1980s? Project sourcing was difficult, until it wasn’t. Into the 90’s, a few years after, banks and other financial institutions were very happy to fund projects.
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