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News:
Finance
Posted: April 6, 2010
Riaz Cassum 2010
Name: Riaz Cassum
Title: Senior Managing Director
Company: Holliday Fenoglio Fowler
Location: One Post Office Sq., Boston, MA 02109
Place of birth and year: Mumbai, India, 1961
Family: Wife, Cecily; Two children
College: Sydenham College, BA; BU, MBA
First job in finance or allied field: Wells Fargo, financial analysis
What do you do now and what are you planning for the future? Co-head of the Boston office. We focus on debt and structure financial transactions. I am a member of HFF Securities, an investment banking group raising discretionary funds.
Hobbies: Tennis, travel, boating, fishing
Favorite book: "The Fountainhead" by Ayn Rand
Favorite Movie: "The Godfather"
Keys to success: Hard work and honesty
If you were forced to choose another vocation what would it be? Real estate development.
Tags:
Finance
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Quick Hits
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.
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
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
