News: Finance

REFA Emerging Leaders Lunch Series: Tuesday, October 26th

REFA Emerging Leaders Lunch Series: Tuesday, October 26th Lunch 11:45a.m. - 1:00p.m. Networking 1:00 - 1:30p.m. REFA, One Center Plaza, Mezzanine Suite, Boston Senior real estate professionals host informal, intimate lunches for REFA Emerging Leader members and non-members with a brief presentation on various real estate topics that will include an overview on "how I got to where I am today" followed by an interactive Q&A session. Please join David Greaney as he talks about his vibrant career as a leader in Boston's real estate landscape. Lunch will be provided and attendees are asked to come prepared with questions for the host. Attendance at this lunch is limited to Emerging Leaders age 35 and younger only. Registration is done on a first come, first-serve basis. David Greaney, founder & president, Synergy Investment & Development: David Greaney is the founder and president of Synergy. He is responsible for the overall strategic direction of the company. Greaney also oversees the acquisition, equity and debt related activities of our various investment partnerships. He is a graduate of University College Dublin and a Certified Public Accountant in Massachusetts. He has previously held positions in the investment management groups of Harvard University and PriceWaterhouseCoopers. Prior to founding Synergy, he served as the chief financial officer of The Mayo Group. Greaney is active in the Irish-American business community and has received the Entrepreneurial Award from the Irish Chamber of Commerce. Additionally, he has been recognized in Irish America Magazine's "Business 100" and named one of Business & Finance Magazine's "Most Influential US-Irish Business Leaders."
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Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick

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
Massachusetts real estate transfers  over $1 million face new tax rules as of November 1st - by Daniel Meyer

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
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.
Are appraisers on the same page as the assessor? - by Richard Seman

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.