 (1).gif)
News:
Finance
Posted: March 8, 2012
Michael Marcone 2012
Name: Michael Marcone
Title: President
Company: Marcone Capital, Inc.
Location: 1266 Furnace Brook Pkwy., Ste. 309, Quincy, MA 02169
Birthplace and year: Hartford, Conn., 1968
Family: Wife, Virginie
College: Bentley College, BS in Finance
First job in finance or allied field: Underwriter and asset manager for Continental Realty Credit
What do you do now and what are you planning for the future? Provide mortgage financing for office, industrial, retail and multifamily real estate.
Hobbies: Tennis, skiing
Favorite book: Anything by Lee Childs
Favorite movie: "Star Wars"
Person you admire most (outside of family): Steve Jobs
Key to success: Hard work
If you had to choose another vocation what would it be? Psychiatrist
Tags:
Finance
MORE FROM Finance
From the mayor’s office to the World Cup: A dynamic season at RE&FA
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.
 (1).gif)
Quick Hits
Columns and Thought Leadership
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
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.
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.
