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Finance
Posted: August 9, 2012
UC Funding has closes a $6.09 million bridge loan for a multifamily development named Bridgeview
UC Funding has closed a $6.09 million bridge loan for a multifamily development named Bridgeview. Bridgeview is a 34.97 acre land parcel approved for 250 Class A multifamily units. An additional approval for 313 townhome units will be sought. The loan was closed in just 34 days. At UC Funding they foster an entrepreneurial spirit and believe that real estate ownership and real estate financing should work together as a partnership. By working together they share your vision, allowing us to create an innovative financial solution that works for your particular situation.
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Finance
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Quick Hits
Columns and Thought Leadership
Massachusetts real estate transfers over $1 million face new tax rules as of November 1st - by Daniel Meyer
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
The focus on price per s/f compared to the comparable sales used in the appraisal report - by Dennis Chanski
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.
Are appraisers on the same page as the assessor? - by Richard Seman
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.
Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick
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
