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News:
Finance
Posted: June 10, 2009
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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Finance
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Columns and Thought Leadership
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.
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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.
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
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