OREXCO holds commercial real estate summit and network event
On October 17th, OREXCO 1031 Exchange hosted a commercial real estate summit and networking event at the Boston Park Plaza Hotel. Speakers at the event included Robert Nahagian, FRICS, SIOR, CRE of Auburndale Realty Company and Lynne Bagby, CES of OREXCO 1031.
Nahagian addressed "Liquidity and Today's Commercial Real Estate Market" commenting on local, regional and national levels.
Bagby addressed Federal FIRPTA taxes, also known as, "withholding tax on disposition by foreign persons of U.S. real property."
OREXCO is a wholly owned subsidiary of Old Republic International, a $12billion multi-line insurance company.
Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid:
Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
Coming out of the pandemic, a client with three hotels in Provincetown, Mass., needed ways to let the world know his properties were open for business for the 2021 tourist season.
To say that the effects of COVID-19 has transformed office leasing is an understatement. When COVID-19 was at its peak, office spaces were practically abandoned either through governmental mandates or through actions taken by businesses themselves.