Wyatt joins Randolph Savings as senior VP and director of retail banking
According to Randolph Savings Bank president and chief executive officer Thomas Drummey, Dennis Wyatt has joined the bank as senior vice president, director of retail banking. In his new position, Wyatt will be responsible for all aspects of the bank's retail banking operations including managing all branches and branch employees in Mass. and R.I.
Wyatt comes to Randolph Savings from Slades Bank where he held the same title of senior vice president and director of retail banking at that $600 million institution.
"Having someone with Wyatt's experience will help insure that we stay on the leading edge with the products we offer our customers as well as how we deliver those products," says Drummey.
East Lyme, CT Newmark has arranged $115.6 million in financing on behalf of the sponsor to refinance The Cove at Gateway Commons and Sound at Gateway Commons. Newmark Capital Markets Strategies managing director Avi Kozlowski secured the financing through Freddie Mac.
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
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.
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