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Category: Finance
An appraiser contemplates the life cycle of religious properties - by Arnold Grant
October 8, 2021
As faith communities design and build religious facilities, the planning horizon may be measured in terms of decades or centuries. Churches, mosques, synagogues, and temples may offer the promise of permanence.
Residential price surge slowing? - by Shaun Fitzgerald
October 8, 2021
Is the residential home price surge slowing? It looks like it. While an appraiser is not required to predict the future, none of us want to get caught overvaluing a property. So it might be wise to look at some of the indicators that precede price declines.
A round table discussion for the benefit of the appraisal profession - by Roger Durkin
October 8, 2021
The next Appraiser Expo should include a round table discussion with a group of multi-discipline appraisers, real property, machinery, personal property, assessment, business valuation especially in issues involving litigation, divorce, partner disputes, bankruptcy, IRS decedent estates, gift tax, non-cash charitable donation, environmental stigma, etc.
Appraisers are a popular topic in Congress - by Allan Cohen
October 8, 2021
Appraisers and real estate appraisers are a popular topic in Congress. I heard this and wondered why. It turns out that our work has deeper layers of oversight that are raising questions. United States House Committee on Financial Services, also referred to as the House Banking Committee, is watching appraisers and reading appraisal reports.
Appraisals in a changing market - by Steven Spangle
October 8, 2021
Many real estate markets are starting to see prices increasing but at a slower pace and some price ranges are starting to see price drops. When a market is rapidly changing and sales and prices are in flux it can be challenging for appraisers who rely on historic data to support their conclusions.
Is the dream of homeownership out of reach? - by Shauna Hatch
October 8, 2021
It’s no secret that the demand for single-family homes in the United States is greater than the supply. Not only are fewer people selling their homes, but fewer homes are also being built. The building rate of the previous decade struggled
Appraisal Institute president message: Busy time of year - by John Drew
October 8, 2021
Fall is historically one of the busiest times of the year for the Appraisal Institute, and our programming calendar is in full swing. In fact, we just held two “firsts” for our newly merged Massachusetts-Rhode Island- Maine Chapter, including a virtual Appraisers Services Showcase
Keeping up with the real estate market - by Maria Hopkins
October 8, 2021
As I head into my 37th year as a Real Estate Appraiser, it is evident to me that this real estate market continues to be the hottest I’ve ever experienced. I continue to encourage my colleagues to keep up with the market.
Damigella of Marcus & Millichap Capital Corp. places $5m financing for a 30-unit multifamily prope...
September 10, 2021
Revere, MA Marcus & Millichap Capital Corp. (MMCC), a leading provider of commercial real estate capital markets solutions, arranged a $5 million refinancing loan for a 30-unit multifamily property. The property is located at 30 Park Ave.
JLL Capital Markets arranges $6 million acquisition financing
September 10, 2021
Chelsea, MA JLL Capital Markets has arranged $6 million in acquisition financing for 25 Griffith Way, a 20,060 s/f, vacant, value-add, last-mile distribution warehouse.
Groblewski of Fantini & Gorga arranges $17 million refinancing on behalf of Spanish Trace, LLC, for ...
September 10, 2021
Weymouth, MA Fantini & Gorga has arranged a $17 million refinancing package for Spanish Trace Apartments. Senior managing director Casimir Groblewski placed the loan with a major New England-based banking institution on behalf of his client.
Citizens provides $40.7m construction loan for Boston housing project
September 10, 2021
Boston, MA According to Citizens, its Community Development Group provided a $40.7 million construction loan to Trinity Orient Heights Phase Three LP, whose sponsor is Trinity Financial Inc. The loan provides financing
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