News: Finance

Rooney promoted to principal at FinanceBoston

Boston, MA Brian Rooney, senior associate at the commercial real estate capital advisory firm FinanceBoston, has been promoted to principal at the growing company.

Rooney joined FinanceBoston in 2013 and focuses primarily on securing commercial construction mortgages for development clients. He also provides valuable knowledge in the Boston real estate market through a network of key local brokers and real estate professionals he has developed.

“Having started as an analyst in 2013, Brian has really developed his knowledge and skills, and this promotion is richly deserved,” said Fergal Woods, managing partner of FinanceBoston. “I’m very proud of what he has achieved here at FinanceBoston and in the marketplace.

Before joining FinanceBoston, Rooney was in the finance and accounting department at Lidl Ireland GmbH, a grocery retailer with $2.2 billion in annual sales. His professional experience has provided FinanceBoston with valuable real estate, finance, and accounting expertise.

“I would like to thank our clients who put trust in me to finance their projects and who have grown with me over the last eight years at FinanceBoston,” said Rooney. “2021 was a great year for me and our team, and we’re excited about what’s to come in 2022.”

Rooney earned a bachelor’s degree in Accounting and Finance at the National College of Ireland, in Dublin, and a master’s degree in Business Management from the National University of Ireland Maynooth.

He lives on the North Shore with his wife and two children.

Tags: Finance
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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.
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.
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