News: Finance

Peter Lane 2009

Name: Peter Lane Title: Commercial Loan Officer Company: Bank of New England Location: 37 Emerson Rd., Haverhill, MA 01830 Birthplace and year: Salem, MA - 1947 Family: Wife, Mary Ann; 2 children College: Boston State University, BS, Economics First job outside of real estate: Taught sailing and tennis First job in real estate or allied field: National Shawmut Bank - credit analyst What do you do now and what are you planning for the future? Develop marketing leads, underwrite commercial real estate mortgages(both owner occupied and investment), finances smaller subdivisions and spec. financing for single family homes. Hobbies: Golf and skiing Favorite book: Anything by Robert Parker Favorite movie: "The Good The Bad The Ugly" Person you admire most (outside of family): Barbara Bush Key to success: Smart business development and provide excellent customer support. If you had to choose another vocation what would it be? Baseball coach
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The focus on price per s/f compared to the comparable sales used in the appraisal report - by Dennis Chanski

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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
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