Not my headline. However, a good place to start the new story of once upon a time! Over time, the built environment has responded to the physical needs and desires of the community for sustenance and survival. Now those needs and desires are changing, and so are the dreams! The rather remarkable rate of change in retail and, now, office property has significantly impacted the value in use of commercial property.
The appraisal profession – in particular, residential mortgage appraisal – is undergoing a significant period of change and upheaval. Much of this change is being imposed upon the profession from without. Some wonder if the profession, through its glacial pace of evolvement
Does the slow down bring you into an irrational panic? EVERY SINGLE TIME for me. I know the logic is that it is temporary, it’s been done before, and all is good in the world. But here we go again. Whether it is seasonal (busy summer, slow winter), or cyclical (1987 highs and 1990’s lows, 2008 crash, COVID boom and now interest rate slow down
The world is abuzz with chatter about artificial intelligence (AI), and how it will help or hurt society, economy, ethics, culture, our very being. Although it seems relatively new, most people are unaware of the history of the activity.
You must know what you are doing in this market. Borrowing from a counsel of the trade, I talk with measure. Let us examine the property and the location. Portfolio considerations are compelling and time sensitive. Action makes sense. With limits on liquidity and capital, commercial property
The term “affordable housing” has two meanings. One is generic and simply means reasonably priced apartments or homes. In high-priced cities like Boston, it refers to housing that is not high-end, luxury, or built for the very wealthy.
The MA-RI-ME Chapter of the Appraisal Institute is the proud organizer of “Appraising for the Appel-late Tax Board – Expanding Your Scope of Work Services” to be held on May 3, 2023 at the Hilton Boston / Dedham Hotel.
I was very pleased to be asked to be one of the speakers to represent all Massachusetts assessors, at the MA-RI-ME Chapter of the Appraisal Institute program, on the Appellate Tax Board. I will be joined by Ellen Brideau, chief assessor for the city of Lowell and Michael Tarello MAI
Boston Appraisal & Consulting is pleased to be a program sponsor of the MA-RI-ME Chapter of the Appraisal Institute’s “Appraising for the Appellate Tax Board – Expanding Your Scope of Work Services” to be held on May 3
rd, at the Hilton Boston/Dedham hotel.
Boston has a vast amount of office space as a state, regional, national and international hub for government, education, banking and finance, insurance, legal, healthcare, biotechnology, technology and R&D sectors. Faced with a slew of converging adverse conditions, office is perhaps the most troubled commercial real estate sector
