Real Estate Addicts

This week Gaetano (Guy) Morello joins the RE Addicts to discuss his experience developing high end Condos in some of Boston’s most desirable and expensive neighborhoods like Beacon Hill, Back Bay and South End. Guy started out as a Real Estate Broker marketing luxury condo product in New York City and then transitioned his career back home to Boston where he joined his families business in real estate development. Guys firm, High Street Properties owns and manages about 200 units in and around Boston. We discus Guys approach to acquisitions, trade views on the current market and get into specific about what it takes to convert brownstones to luxury (dope?) condos.

Mike Joanis is a licensed professional fire protection engineer and code consultant. Mike has been a tremendous resource to the Real Estate Addicts as we’ve grown and navigated various design issues and worked with local building and fire officials and so we’re thrilled to have him on the Podcast. We start covering the basic like, When is fire suppression system needed? What are hydraulic calculations and FP narratives? What are the elements of a fire alarm system? A standpipe? When is a standpipe needed? Finally, we delve into the nitty gritty of NFPA 13 vs. NFPA 13R systems. Pros and cons of pump and tank systems & elements of a dry FP system.

Matthew Karr joins REA to talk all things estate planning and trusts. We cover the basics and then dive into the details like when does it make sense for someone to set up a plan? What’s the difference between revocable/irrevocable trusts? Living trusts vs land trusts vs realty trusts? Tax advantages to setting up an estate plan when including property in the trust? Costs associated with setting up an estate plan. Finally, Matt provides his best legal analysis on the Movie ‘Knives Out’ and what Hollywood gets right (and wrong) about estate planning!

In this episode Steve Sheinkopf, CEO of Yale Appliances joins the Pod to talk all things related to Appliances! Steve was very candid on his assessment of the industry, how to buy at the best price, when to spend money and when to pull back, what to look for in an appliance, what trends are here to stay and which are doomed to die. We hope you enjoy listening to this episode as much as we enjoyed recording it! As always, thank you for rating, reviewing and sharing.

John Balboni is a Principle at Sullivan & Worcester LLP and an expert on all things related to developing in Opportunity Zones. We dive into the weeds on the benefits this policy provides and the process which must be meticulously followed. An opportunity zone investment makes a good deal better but, can't make a bad deal good! Listen to this episode and find out why. Thanks as always for listening, reviewing and sharing The Real Estate Addicts Podcast!

This week we are pleased to be joined by our good friend Creighton Jones from Rev-A-Shelf, who specialize in Whole Home Organization, with a heavy focus on Kitchen Cabinet Organizers! Rev-A-Shelf is produced by Jones Plastic and Engineering, an American manufacturing company employing over 2,400 workers with over 1,000,0000 sf of plants in the U.S. In this episode we discus the history of Jones Plastic/Rev-A-Shelf, the keys to designing an organized kitchen, which products have been Rev-A-Shelfs best sellers and even which have flopped. We hope you enjoy the episode and we appreciate your sharing and reviewing the Real Estate Addicts Podcast!

In this episode, Marc, Dan & Ray continue the discuss about taking the leap from gut renovations to new construction. The guys share experience (& mistakes) taking a deep dive into framing and considerations which drive structural costs and how to avoid them. We appreciate your reviews and shares and welcome feedback ([email protected]) to keep the podcast interesting and entertaining!

The Real Estate Addicts are thrilled to welcome back Matt Picheny of MJP Property Group, LLC to continue our conversation and dive into the fine points of deal syndication.

In this episode we cover:

• Mechanics of a syndication

1. Legal Aspects

2. SEC Compliance

3. Investment Structure

4. Financing Structure

• Attracting Investors

• Tax Treatment

Thank you for rating, reviewing and sharing the Real Estate Addicts Podcast. E-mail us at [email protected]; we'd love to hear from you.

Rob Barresi, Senior Vice President at Starkweather & Shepley Insurance Brokerage joins the Pod to share best practices around insurance for development and construction. We begin with a high level discussion around the different types of policies and then dive into the details of proper risk transfer in

owner/developer/GC/subcontractor relationships, indemnification and hold harmless agreements, waivers of subrogation, additionally insured endorsements, what to look for when reviewing a certificate of insurance and completed operations coverage which is extremely critical. This topic isn’t always glamorous but, it’s certainly critical to understand and get right.

In this episode we are joined by Joe Kriesberg, President and CEO of the Massachusetts Community Development Corporation (MACDC). We discuss community development issues and trends in Massachusetts and around the country. We cover the fundamentals like what a Community Development Corporation does, how an organization can become recognized as a CDC and the benefits which may accrue to an organization that does. Specifically, we touch on Gateway Cities, Chapter 40B laws, low-income housing tax credits (LIHTC) and Community Investment Tax Credits (CITC). Finally, we discus the benefits of civic participation and perhaps certain limitations of this worthwhile goal. We hope you enjoy this episode as Joe explains these topics in a way which is easy to understand and appreciate.