Massachusetts Chapter of the Appraisal Institute and Massachusetts Association of Assessing Officers hold joint meeting
On Tuesday, September 21st, the Massachusetts Chapter of the Appraisal Institute and the Massachusetts Association of Assessing Officers held a joint business meeting at the Holiday Inn Select in Woburn, Mass. The topic was "A Review of the Assessment Appeal Process and the Role of the Assessor, Appraiser and Attorney."
Pictured (from left) are: Mass. chapter president Bill LaChance MAI SRA of Petersen LaChance; panel moderator, Mike Tarello MAI of Vision Appraisal Technology with panelists Alan Cohen esq M.A.A. city of Newton commercial assistant assessor; Richard Bowen, esq of Kopelman & Paige P.C.; Jim Johnston MAI, SRA of Boston Property Advisors; and Michael Flynn M.A.A. city of Newton, board commercial assessor.
Lynn, MA The city of Lynn’s purchase of the former Eastern Bank headquarters at 195 Market St. is paying dividends in more ways than one. In issuing an RFP in the spring of 2024, the city was seeking to acquire multi-purpose space,
I spent the better part of a day this week working with attorneys on estate planning. I am clearly not an attorney, but I have learned much over the years while consulting on real estate, its potential, its future during the life of clients, as well as, shall we say, later.
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 news is full of “never before” pronouncements. Never before has there been a pandemic so impactful on real estate. Never before has technology allowed for remote business meetings on such a frequent basis. Never before would people so comfortably work from home as to vacate office buildings, at least on Fridays and Mondays.
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.