News: Finance

McCurdy has joined Brookline Bancorp, Inc. as general counsel

Michael McCurdy has joined Brookline Bancorp, Inc. as general counsel. McCurdy will bring experience to the role of general counsel. He has worked in both private practice and in the financial services sector. Most recently, he served as executive vice president/general counsel and corporate secretary at Danvers Bancorp. Prior to joining Danvers, McCurdy spent several years as president and CEO of BankMalden. McCurdy also worked for various law firms in the area. "Mike brings a unique set of experiences and skills to the role of General Counsel," said Paul Perrault, CEO of Brookline Bancorp, Inc. "His work at DanversBank as general counsel and head of their retail franchise will allow him to bring both theoretical and practical perspectives to his work at Brookline." McCurdy graduated from the University of California with a B.A. in Political Science. He then attended Suffolk Law School where he received his Juris Doctor. He is a member of the Massachusetts Bar as well as the Massachusetts and American Bankers Associations and the Association of Corporate Counsel.
Tags: Finance
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Columns and Thought Leadership
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.
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
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