News: Financial Digest
Posted: April 9, 2008
NorthMarq Capital arranges $1.5m mortgage for CLI Cedar
Joseph Hegenbart, managing director of NorthMarq's Boston regional office, arranged mortgage financing of $1.5 million for Cedar Hill Place, a 107,520 s/f office building located at 225 Cedar Hill St. The loan was arranged for the borrower, CIL Cedar LLC, by NorthMarq through its correspondent relationship with Sun Life Assurance Company of Canada.
Constructed in 2001, Cedar Hill Place is a class A office building which consists of three stories of attractively finished common areas, a new full-service café, gymnasium and tenant suites. Currently, 6,300 s/f of leasable space is being marketed by New Dover Associates, Inc. of Framingham. The property is located one-half mile from I-495 just north of the Mass. Tpke. Corporate neighbors include 3Com, Fidelity Investments and Hewlett Packard.
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Columns and Thought Leadership
What’s UP with that? - by Kyle Kadish
Investors have multiple tools to defer tax liabilities when selling investment properties. The best known is likely a 1031 exchange - which has been around in some form or fashion for over 100 years. Installment sales have existed as part of the code for more than 75 years. Newer legislation (2017) created Qualified Opportunity Zones (QOZs)
Another reason to stay debt free in a 1031 Delaware Statutory Trust exchange - by Dwight Kay
It seems like every day there is another reason showcasing the reason why more and more investors are choosing to stay debt-free when investing in Delaware Statutory Trust (DST) properties in a 1031 exchange.
Cracking the code: Understanding the pros and cons of Delaware Statutory Trusts for 1031 Exchange real estate investors - by Dwight Kay
In the realm of real estate investing, the 1031 exchange Delaware Statutory Trust can provide savvy real estate investors a unique opportunity to achieve passive management, the potential for regular monthly distributions, and a way to enter one of the most tax efficient real estate investment strategies available today.
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