My very unscientific research shows some myth busting is needed. Here are some myths, misses and misconceptions. 1. The Appraisal Profession is Endangered. Not really. Despites rumors and some efforts to make it so, it’s a pretty good profession to be in.
The Massachusetts and Rhode Island Chapter of the Appraisal Institute opened the 2020 year with our first organizational meeting in January to establish our important committees and to discuss our yearly goals. The entire board of directors
It’s old news for residential real estate appraisers – our numbers are dwindling. As of December 2019, the Appraisal Institute (AI) estimated that there were approximately 77,800 unique appraisers in the U.S. active appraiser population,
What’s built is what’s financed, mostly. Accordingly, good ideas in commercial real estate need buy-in from the capital markets, even where equity capital is substantial in the capital stack. Demand continues to be supported by job gains (net 225,000 newly hired in January 2020), m
They say there is an app for everything. You probably use many of them in your real estate work. You probably know a fair amount about social media, influencers, search engines and other ways to bring real estate to the consumer. But are you on top? Are you in control?
Emerging in Wuhan, a city in China’s Hubei province, in late December, the outbreak of the novel coronavirus, a never-before-seen respiratory illness, is sweeping through the country, already infecting thousands there, according to the Centers for Disease Control. While t
Reading, MA Cornerstone Realty Capital arranged $16 million for the refinance of a garden-style apartment property. The property features 112 units spread between four buildings with a unit mix of three studios,
Windsor, CT Noah Juran, senior vice president/managing director of NorthMarq’s Cincinnati office secured the $7.17 million bridge loan for the acquisition of 1 Targeting Center, a 97,256 s/f office prop
Boston, MA REFA kicked off 2020 by hosting its Annual Forecasting Breakfast on January 28th at WilmerHale. This year’s lineup boasted a number of industry professionals, beginning with keynote speaker David Darst,
Boston, MA JLL Capital Markets has arranged an $870 million construction loan for the first phase of the South Station redevelopment, which comprises a 1.2 million s/f, 51-story mixed-use tower that will be built at the city’s South Station
Tewksbury, MA Fantini & Gorga has placed $22.5 million financing of a stabilized multifamily community. Derek Coulombe, senior managing director at Fantini & Gorga structured and placed the financing
Fitchburg, MA MassHousing has provided $14.4 million in affordable housing financing to an affiliate of the Barkan Companies, to extend the affordability of the Fitchburg Green affordable housing community,