 (1).gif)
News:
Finance
Posted: February 12, 2021
Pelletier of Kirk&Company joins faculty at Salve Regina University
Newport, RI Brett Pelletier, COO of Kirk&Company: Real Estate Counselors has been appointed to the Business and Economics faculty at Salve Regina University.
David Kirk, said, “It’s a very exciting time to be studying financial and capital markets and it will be exciting to work with and engage with students and help them to grow in their understanding of financial and real estate markets.”
Salve Regina University is a private liberal arts university located on an 80-acre campus in the heart of historic Newport. Salve Regina was founded by the Sisters of Mercy in 1934 and has grown to a community of more than 2,700 undergraduate and graduate students who proudly carry forward the mercy mission in their personal and professional lives.
Pelletier earned a bachelor of science in finance from Bentley College, an ALM in finance from the Harvard University Extension School, and an MBA from Bryant University. He is a member of the Counselors of Real Estate, a Fellow of the Royal Institution of Chartered Surveyors, a designated member of the MBREA, an MAI Candidate of the Appraisal Institute, and a member of the National Housing and Rehabilitation Association. Pelletier is a member of Lambda Alpha International, the Boston Committee on Foreign Relations, the Boston Economic Club, and is a contributing writer to the New England Real Estate Journal.
MORE FROM Finance
Funding your project: Available, but expensive, in many ways - by Daniel Calano
How many of you remember real estate development in the late 1980s? Project sourcing was difficult, until it wasn’t. Into the 90’s, a few years after, banks and other financial institutions were very happy to fund projects.
 (1).gif)
Columns and Thought Leadership
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
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
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
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.
