Trustee of Nominee Trust Not Liable Under Lead Paint Suit
by The Massachusetts Appeals Court ruled in the case of BELLEMARE vs. CLERMONT that the trustee of a nominee trust is not an “owner” of the …
Category: Real Estate Space Blog Posts
Imported posts from my old Real Estate Space blog
Bad Boy Guaranty
Bruce Falby wrote an article in Real Estate Finance and Investment on the case of Blue Hills Office Park LLC v. J.P. Morgan Chase Bank, …
Moody’s Approach to Rating Commercial Real Estate Mezzanine Loans
In March, 2007, Moody’s released their rating methodology for Mezzanine Loans: Moody’s Approach to Rating Commercial Real Estate Mezzanine Loans. This report outlines Moody’s view …
Security Deposit in Massachusetts
The Massachusetts Appeals Court ruled that a security deposit for a Massachusetts residential lease must be deposited in a Massachusetts branch of a Massachusetts bank: …
Adult Entertainment Firm To Launch Real Estate Loan Fund
Real Estate Finance and Investment is reporting that an Adult Entertainment Firm To Launch Real Estate Loan Fund. I guess there is an investor market …
Historic Turning Points in Real Estate by Robert Shiller
Robert J. Schiller published a new paper that looks for markers at the ends of real estate booms or busts:Historic Turning Points in Real Estate …
How Much Is a Realtor Worth?
Stephen Dubner continues to bash Realtors on his Freakonomics blog: How Much Is a Realtor Worth? If you have read his Freakonomics book, you know …
Foreclosure Activity in Middlesex North Registry of Deeds
Dick Howe at the Middlesex North Registry of Deeds in Lowell reports that foreclosure sales are up but that the foreclosure pipeline has not dramatically …
One Financial Center in Boston goes on the market
The Boston Globe is reporting that the original developer/long-time owners of One Financial Center in Boston are cashing out: Amid towering prices, One Financial Center …
Justifying New York Rents
Howard Michaels of The Carlton Group justifies the high prices being paid for commercial real estate in New York in Real Estate Finance and Investment: …
Skyscraper Prices Might Start Returning to Earth – WSJ.com
WSJ.com reports Skyscraper Prices Might Start Returning to Earth(subscription required). In part because “On April 11, Moody’s Investor Service sent up a warning flare, saying …
Can I avoid state Lead Law requirements by not renting to a family with children under six?
The Massachusetts Lead Law makes it illegal to refuse to rent to families with children under six, or evicting or refusing to renew the lease …
Offers without the “Magic Language”
What happens when you do not use the “magic language” from Goren? (See my Earlier Post: Magic Language for Offers) You more than likely have …
Magic Language for Offers
“The purpose of this document is to memorialize certain business points. The parties mutually acknowledge that their agreement is qualified and that they, therefore, contemplate …