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Category: Finance
Hybrid appraisals: A step forward or a step back? - by Steven Spangle
March 13, 2020
Articles about hybrid appraisals are increasingly being written as these types of appraisals become increasingly popular with clients. Some appraisers are embracing them as the future of the appraisal industry while others are refusing to take these types of assignments.
The spring market is here! Appraisers need to stay current - Maria Hopkins
March 13, 2020
The spring market has arrived. We are hearing from many real estate professionals that there is a lack of inventory for their buyers. In many areas there are lines of people waiting to look at every house with multiple offers over asking. Pent up demand coupled with record low interest rates
2020 is in full swing as we head into the spring! - by George Demopulos
March 13, 2020
The Massachusetts and Rhode Island Chapter of the Appraisal Institute 2020 is in full swing as we head into the spring! Our next Board of Directors meeting is being held on Wednesday, March 24th in Braintree, MA at the Braintree Residence Inn.
The price of a good story: Appraising stigmatized properties - by Laurie Mentz Nichols
March 13, 2020
One of my favorite things about being an appraiser is sharing “war room” stories. Many of the tales I’ve heard over the years are common in the sense that they include the typical things encountered on inspections - animals, unique features, persons in a state of dishabille, or questionable items on the property.
Addressing the current black swan disruptor - by David Kirk
March 13, 2020
The contagion from COVID-19 has been a black swan disruptor resulting in collaborative communication and cooperation within the global economy. The built environment is vulnerable. The built environment can also be a constructive component in containing
Real state design: Short shelf life for a “permanent” structure - by Daniel Calano
March 13, 2020
Recently, I have been doing some market analysis consulting for a developer in Naples, Florida regarding “What buyers want” in housing. The bottom line was that buyers want something different than they wanted five years ago, which was different than five
JLL Capital Markets arranges $43.18 million in acquisition financing - loan placed with Cambridge Sa...
March 13, 2020
Framingham, MA JLL Capital Markets has arranged $43.18 million in acquisition financing for a two-property office portfolio totaling 292,014 s/f. JLL worked on behalf of the borrower, a partnership between Campanelli and
Loan placed with Cambridge Savings Bank
March 13, 2020
Ashland, MA Citizens Bank’s Community Development Group has provided $24.2 million in construction loans for three separate affordable housing projects in the state.
Rockport Mortgage handles $30m in financing for Rolling Green Apartments
February 14, 2020
Amherst, MA Rockport Mortgage Corp. has closed an FHA Section 223(f) refinancing loan for Rolling Green Apartments totaling $30 million. The property has been owned and managed by Beacon Communities LLC since 2014.
Square Mile Capital originates $433.8 million construction loan for Cambridge Crossing
February 14, 2020
East Cambridge, MA Square Mile Capital Management LLC (Square Mile Capital) has originated a $433.8 million construction loan to finance the next phase of the Cambridge Crossing master-planned development being
Stuff is happening that affects appraisers - by Cohen and Sousa
February 14, 2020
There’s no doubt that the appraisal profession, as small as it is, remains on the radar of federal and state lawmakers and regulators. The size of the profession, coupled with the fact so few appraisers belong to any association that stands up for them, makes challenging adverse changes very difficult.
The appraiser as an expert witness - by Roger Durkin
February 14, 2020
This article is a taste of information about what an appraiser should and should not do as an appraisal expert witness. Almost every lawsuit is more about money than justice. Appraisers provide the money figures. And every lawsuit that involves professional
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