TD Bank names McCabe portfolio loan officer in commercial real estate
TD Bank has promoted Brandon McCabe to portfolio loan officer in commercial real estate. He will assist in handling the daily activities for a portfolio of commercial loans, including customer contact, financial statements, exceptions, renewals, extensions, and credit reviews.
McCabe has 10 years of experience in banking and lending. He joined TD Bank in 2010 as a credit analyst. Prior to joining TD Bank, he served as commercial loan administrator at Northeast Community Bank in Danvers.
Boston, MA MassDevelopment, Nuveen Green Capital, and Millennium Partners have finalized $281 million in private financing for the Millennium Residences at Winthrop Center in downtown under the state’s Property Assessed Clean Energy (PACE) Massachusetts program. This project represents the largest commercial PACE financing to date in New England.
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.
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
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.
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