Name: Miriam Golden
Title: Senior Vice President
Company: Chicago Deferred Exchange Company
Location: 135 South LaSalle St., Ste. 1940, Chicago, IL 60603
Birthplace and date: Chicago, May 1960
Family: Partner, Susan Borelli, 1 dog, 2 cats
College: University of Illinois, BA, Psychology, cognate in Spanish; JD IIT Chicago-Kent College of Law
First job outside of 1031: Attorney for Chicago Title Insurance
First job in 1031 or allied field: Chicago Deferred Exchange
What do you do now and what are you planning for the future? We are an accredited provider and give seminars to law firms, real estate companies, accountants. It's good to get close to people who facilitate 1031 exchanges.
Hobbies: I take Italian classes, travel, dining out
Favorite book: Series of police detective stories by Andrea Camilleri
Person you most admire (outside of family): Rumpole of the Bailey
Key to success: You're only as good as your database; love what you do
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.
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.
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 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.
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