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News:
Finance
Posted: November 8, 2024
Real Estate Finance Association closes
out the year with quality programming
Boston, MA On Thursday, October 17th at the Omni Boston at the Seaport, REFA and 600+ attendees honored Paul Nasser, president, Intercontinental Real Estate Corp. with the Swain Distinguished Service Award.
Nasser joins an accomplished group of Swain Award recipients such as Steven Samuels, founder & chairman, Samuels & Associates; Paul Ayoub, chair, Nutter; Kirk Sykes, co-managing partner, Accordia Partners; Tammy Jones, CEO and founder, Basis Investment Group; Jon Davis, CEO and founder, The Davis Companies; Bryan Koop, EVP, Boston Properties; Pam Herbst, managing director, AEW; Boston mayor Thomas Menino; The Bulfinch Companies Inc.; and WinnCompanies.
Take a look at the evening’s memorable moments at www.annualrefagala.com.
Earlier this October, REFA hosted an informative discussion with Boston mayor Michelle Wu, moderated by Nutter partner and REFA past president, Paul Ayoub.
More than 150 leaders from the commercial real estate industry gathered for a wide-ranging conversation addressing key policies impacting the CRE in the city, as well as the city’s strengths and opportunities for growth.
Photos from the day can be seen at https://photos.app.goo.gl/Bz9PhRk5XXFnSnmUA.
Join REFA at Upcoming Events & Programs:
Save the Date: A Discussion with Boston Planning and Development Agency
Date: Thursday, November 21st
Time: 12:00 – 1:15pm
Location: One Congress St., Boston, Mass.
More information will be available soon, www.refa.org.
Save the Date: REFA Year End Celebration & Holiday Party
Date: Monday, November 25th
Location: Central Wharf Company; 160 Milk St., Boston, Mass.
More information will be available soon on our website, www.refa.org.
Learn more about REFA, including membership, events, and ways to get involved, please visit us at www.refa.org.
Follow REFA’s LinkedIn, Twitter, and Instagram @REFABoston.
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Finance
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Columns and Thought Leadership
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.
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
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