Janet Krolman is the director in the Boston office of Holliday Fenoglio Fowler, L.P. with 20 years of experience in commercial real estate finance. She is primarily responsible for originating debt and equity transactions throughout the eastern U.S. During the course of her career with Holliday Fenoglio Fowler, L.P., Krolman has completed in excess of $2.5 billion in commercial real estate transactions.
Krolman joined the firm in 1996. Prior, she held a variety of positions at Manulife Fiancial in its U.S. commercial mortgage departments in Toronto and Boston. Krolman earned her BA from Wellesly College.
One Post Office Square, Suite 3500, Boston, MA 02209
617.338.0990 * Fax: 617.338.2150 * jkrolman@hfflp.com
Boston, MA RE&FA’s spring and summer programming continued to highlight the trends and issues shaping the commercial real estate industry. In May, RE&FA hosted Data Centers in the Current CRE Landscape at The Retreat at 225 Franklin St. The program drew strong engagement and fostered thoughtful discussion around one of commercial real estate’s fastest-growing and most impactful sectors.
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
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.
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
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.