Name: Steven Elliott, SRA, MRA
Title: Principal
Company: Elliott Gottschalk & Associates
Location: 78 Thomas St., Ashland, Mass. 01721.
Birthplace and year: Milford, Mass. - 1952
Family: Wife Kathleen and two children, Matthew and Kristin
College: Providence College - BS in Business Mgmt.; Babson College - MBA Marketing
First job outside of appraisal: Short order cook
First job in appraisal or allied field: Boston Five Cent Savings - construction inspections
What do you do now and what are you planning for the future? Commercial appraisals for local lenders and litigation work for attorneys; teaching.
Hobbies: Read, travel, cooking, love all sports
Favorite book: The Dark Tower series by Stephen King
Favorite movie: "Aliens"
Person you admire most (outside of family): John D. Hewitt
Key to success: Be honest, work hard.
If you had to choose another vocation what would it be? Rock and Roll drummer
East Lyme, CT Newmark has arranged $115.6 million in financing on behalf of the sponsor to refinance The Cove at Gateway Commons and Sound at Gateway Commons. Newmark Capital Markets Strategies managing director Avi Kozlowski secured the financing through Freddie Mac.
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.
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.
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
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