News: Appraisal & Consulting

Frederick Richard President Connecticut Chapter Appraisal Institute

Name: Frederick Richard, MAI Title: President, Connecticut Chapter of the Appraisal Institute Company: Babson Capital Management Location: 1500 Main St., Springfield, MA 01115 Birthplace and year: Hartford, Conn., 1970 Family: Wife, Julia; 2 children College: University of Connecticut, BS, Finance First job in real estate or allied field: Heberger & Associates, staff appraiser What do you do now and what are you planning for the future? Maintain and increase membership by offering more educational benefits, deal with the credit crunch, changing markets Hobbies: Time with family, play the piano and guitar, listen to music Favorite book: "The Stand" by Stephen King Favorite movie: "Star Wars" Person you admire most (outside of family): Ned Heberger Key to success: Do the right thing by your colleagues and peers. If you had to choose another vocation what would it be? Musician
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Appraisal & Consulting

Boyle of Chozick Realty negotiates $7.95m sale of 66-unit property

Barrington, MA Tom Boyle of the Hartford, CT office of Chozick Realty has completed the marketing and sale of the 66-unit Beechtree Commons Apartments for $7.95 million or $120,454 per unit.
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Columns and Thought Leadership
 Real estate without good estate planning - a troublesome problem - by Daniel Calano

Real estate without good estate planning - a troublesome problem - by Daniel Calano

I spent the better part of a day this week working with attorneys on estate planning. I am clearly not an attorney, but I have learned much over the years while consulting on real estate, its potential, its future during the life of clients, as well as, shall we say, later.
Tariffs: Existential threat, or serious real estate impacts - by Daniel Calano

Tariffs: Existential threat, or serious real estate impacts - by Daniel Calano

You must know from all the news, that “Trump tariffs” have been recently reviewed, discussed, evaluated, and as promised, implemented swiftly. But, they have also been modified, reduced or increased, just as fast and somewhat quixotically.
It’s a confusing real estate world: Don’t you think? - by Daniel Calano

It’s a confusing real estate world: Don’t you think? - by Daniel Calano

The news is full of “never before” pronouncements. Never before has there been a pandemic so impactful on real estate. Never before has technology allowed for remote business meetings on such a frequent basis. Never before would people so comfortably work from home as to vacate office buildings, at least on Fridays and Mondays.