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

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Construction Design & Engineering

The Gould Construction Institute named recipient of $225,000 grant from the Cummings Foundation

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.

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

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

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.