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News:
Finance
Posted: March 12, 2015
Professional Profile: Andrew Rosen, 2015
Name: Andrew Rosen
Title: President, Real Estate Finance Association
Company: Bank of America Merrill Lynch
Location: 225 Franklin St., Boston, MA
Birthplace and year: Fullerton, CA - late '50s
Family: Wife - Sherry; Son - Drew
College: UMass Amherst - BBA in Finance
First job in finance or allied field: Retail management training - Bank of New England
What do you do now and what are you planning for the future? Continue to offer members networking opportunities; make available educational programs; provide advocacy; grow & broaden membership.
Hobbies: Golf, ski, run
Favorite book: "Pillars of the Earth"
Favorite movie: "The Hundred Foot Journey"
Person you most emulate (outside of family): Warren Buffet
Key to success (one idea): Hard work, diligence, honesty
If you were forced to choose another vocation what would it be? Chef
Tags:
Finance
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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
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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.
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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