Archive for Brecht Palombo
Brecht Palombo is an accomplished real estate investment sales broker and auctioneer who is licensed throughout New England. Brecht has been the lead on a number of large Boston area auction transactions and has sold numerous residential developments and multifamily properties. Additionally Brecht is also CCIM candidate and represents Tranzon Auction Properties thoughout Southern New England.
April 08 Multifamily Sales Report Now Available
I just updated the sales figures for April 2008. This data is compiled from MLS and as I’ve mentioned here previously this data largely excludes the bigger commercial multifamily sales but is inclusive of probably 85% or more of the small and mid-sized buildings, that is what seems to make it into MLS.
The average [...]
Make Your Goals Match Your Market
I write from time to time about how to size up a real estate investment. We’ve discussed cap rate and gross rent multiplier and briefly IRR. In the multifamily market though it seems there are as many measures of a good investment as there are investors.
Recently we were talking with an investor who is [...]
More Banks May HAVE to Sell at Foreclosure
It is the norm for big banks foreclosing in Massachusetts to use the process simply as a title clearing procedure. The way it works is that there is minimal marketing and the bid process involves the foreclosing attorney “bidding the debt” or bidding the full amount that the bank has into the property. Very often [...]
12May2008 | Brecht Palombo | 0 comments | Continued