News: Finance

Real Estate Finance Association to host discussion with Schieffer

In a meeting open to the public, Bob Schieffer, the dean of CBS News and the moderator of "Face the Nation," will be the Real Estate Finance Association's guest on December 9th at the Stamford Marriott. He will speak about his experiences during the just completed presidential election, the state of affairs of the U.S. and his concerns and hopes for the future. Schieffer will discuss the genesis of his new book, "Bob Schieffer's America." Attendees will receive a copy of the book. The event, which includes lunch, will begin at 11:45 a.m. and end at 1:30 p.m. The program is open to REFA-CT members and to the public. The $60 non-member fee includes lunch and the book. Pre-registration is preferred. Schieffer has been with CBS News for 39 years and has served as anchor on the Saturday edition of CBS Evening News. He has been chief Washington correspondent since 1982, the moderator of Face the Nation since 1991, and has periodically been the interim weekday anchor of the CBS Evening News. Schieffer is one of the few journalists to have covered all four of the major Washington national assignments: the White House, The Pentagon, United States Department of State, and United States Congress. Schieffer has been a moderator of the presidential debates in the last three presidential elections
Tags: Finance
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Kozlowski of Newmark Capital Markets secures $115.6 million financing for two properties in CT

East Lyme, CT Newmark has arranged $115.6 million in financing on behalf of the sponsor to refinance The Cove at Gateway Commons and Sound at Gateway Commons. Newmark Capital Markets Strategies managing director Avi Kozlowski secured the financing through Freddie Mac.
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The focus on price per s/f compared to the  comparable sales used in the appraisal report - by Dennis Chanski

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.
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