Zach Bowyer, CBRE (moderator), Beth Burnham Mace of NIC and
Melanie Kosich of Integra Realty Resources.
 (1).gif)
News:
Finance
Posted: November 8, 2019
Mass/RI Chapter of Appraisal Institute and MBREA hosted the New England Appraisers Expo on October 21st
Norwood, MA The Mass/RI Chapter of Appraisal Institute and MBREA hosted the New England Appraisers Expo on October 21st at the Four Points by Sheraton Norwood, 125 Boston-Providence Turnpike. Below are photos fro mthe event.
Zach Bowyer, CBRE (moderator), Beth Burnham Mace of NIC and
Melanie Kosich of Integra Realty Resources.
George Demopulos (moderator); Steven Hoffman, chairman of the Cannabis Control Commission; Connor Yost Cannabis Business Consultants; and Vincent Giordano of Liberty Compassion.
of The Warren Group.
Management addresses the audience.
Derek Payette of HMDR&S, PC.
of Cape Cod & Islands Appraisal and Ellen McDonald
of Ellen McDonald Appraisal at the MBREA table
Leader Bank; Patricia Atwood, Appraisal Standards Board;
David Westscott, Santander Bank; John Torvi, Herbert H.
Landy Insurance; and panel moderator John
Russell of the American Society of Appraisers (ASA)
Rhode Island Chapter of the Appraisal Institute; Barrie Gamen,
Bank of America; and Zach Bowyer of CBRE
MORE FROM Finance
Kozlowski of Newmark Capital Markets secures $115.6 million financing for two properties in CT
East Lyme, CT Newmark has arranged $115.6 million in financing on behalf of the sponsor to refinance The Cove at Gateway Commons and Sound at Gateway Commons. Newmark Capital Markets Strategies managing director Avi Kozlowski secured the financing through Freddie Mac.
 (1).gif)
Columns and Thought Leadership
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.
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.
