Why Lifetime Gifting Should Be Central To Your Estate Plan

By Anna Davies

Right now, the lifetime exemption for gifts and estates is the highest it has ever been—$11.4 million for individuals or a $22.8 million joint exemption for married people. But this number isn’t permanent and could change. That’s why financial advisors are saying it’s a smart idea to put vehicles in place, like trusts, to enable seamless lifetime gifting. 

“Some people are waiting to do things based on how things land, politically, but that could leave them scrambling if things were to change,” said Rebecca Duguid, a senior vice president and client advisor at Whittier Trust. “The earlier you get the process started, the better.” 

Having vehicles in place now can give you the maximum flexibility in terms of gifting to kids and grandkids — and can also help your children and grandkids learn how to be wise stewards of your wealth. That’s because, while “trust fund

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Petros PACE Finance’s Growth Continues with Hiring of Commercial Real Estate Executive Jerry Ellis as Senior Vice President of Business Development

AUSTIN, Texas, Oct. 13, 2020 /PRNewswire/ — Petros PACE Finance, (www.petros-pace.com), the industry leader of Commercial PACE financing, announced today the hiring of Jerry Ellis as Senior Vice President of Business Development based in the New York office, strengthening the business development team as the company continues to grow nationally.

Ellis brings more than 25 years of commercial real estate investing experience to the role. During his career, he has participated in the origination, underwriting and closing of more than $7 billion of U.S. and international transactions.

New York is an increasingly important market for Petros, where we are expanding to meet rapidly growing demand for C-PACE,” said Mansoor Ghori, CEO and Co-founder at Petros PACE Finance. “Jerry is a seasoned veteran with a proven track record of success and we are pleased to welcome him to the team at this critical time as a step

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Who’s Who in Real Estate: Residential Brokers, Builders Ride a Roller Coaster

A recent KB Home project in California

Photo by Eric- AP LLC

 COMPASS

Founded: 2012 
Headquarters: New York 
Regional President: Kamini Lane 
Top Agents: Chris Cortazzo, Sally Foster Jones, Aaron Kirman 

Just five years after entering the Los Angeles market, Compass is the largest residential brokerage firm in L.A.

Compass’ growth has been driven in part by big deals, including the 2019 acquisitions of Patterson Realty Inc. and Central Coast Realty Group and the 2018 purchases of Pacific Union International Inc. and Paragon Real Estate. Pacific Union had acquired Partners Trust in 2017 and John Aaroe Group Inc. in 2016.

Compass generated $12.6 billion of sales volume in 2019, up from $8.4 billion the year before, and ranked No. 1 on the Business Journal’s most recent list of residential brokerage firms.

While the company experienced a slowdown when Covid-19 first hit, it has regained its footing.

“This year for

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Real Estate Software Market Will Showcase Positive Impact During 2020-2024 | Growing Middle-class Population to Boost Market Growth

LONDON–(BUSINESS WIRE)–Oct 12, 2020–

Technavio has been monitoring the global real estate software market size and it is poised to grow by USD 3,825.16 billion during 2020-2024, progressing at a CAGR of about 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201012005071/en/

Technavio has announced its latest market research report titled Global Real Estate Software Market 2020-2024 (Graphic: Business Wire).

Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Altus Group Ltd., AppFolio Inc., Autodesk Inc., CoStar Group Inc., Fiserv Inc., International Business Machines Corp., LanTrax Inc., Oracle

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Educational Institutions Can Use Real Estate to Support their Go-Forward Strategies, Advise A&G Executives

Educational institutions can bolster their business strategies by taking greater advantage of their real estate assets, advise two executives from A&G Real Estate Partners in the Turnaround Management Association’s Journal of Corporate Renewal.

“For many schools, taking a hard look at existing real estate holdings and obligations could be the key,” write Jeff Hubbard and Jamie Cote, who are Senior Managing Directors in A&G’s Structured Real Estate Sales division.

 

Their four-page piece (“Real Estate Could Yield Much-Needed Liquidity for Educational Institutions”) appears in JCR’s October issue. Hubbard and Cote note that liquidity is a critical factor in the ability of educational institutions to weather changes wrought by Covid-19—which came on the heels of existing challenges such as the student loan crisis, declining enrollments and dramatic reductions in state funding.

The commercial real estate veterans point to the potential benefits of cost-cutting and liquidity-raising strategies

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Longtime friends start real estate business in Palm Beach Gardens


Professional Real Estate Advisors offers comprehensive professional and legal services focused solely on the real estate industry.

Jodie Wagner
 
| Palm Beach Post

PALM BEACH GARDENS — While not an ideal time to launch a new business amid a global pandemic, longtime friends Steve Mathison and Charles Siebrecht forged ahead with it anyway.

The South Florida natives, along with partner Brig Edwards, opened Professional Real Estate Advisors over the summer.

The Palm Beach Gardens-based business offers comprehensive professional and legal services focused solely on the real estate industry.

More: Here’s the latest on Avenir, Gardens’ sprawling new development out west

More: Construction set to begin on apartment complex with workforce housing on PGA Boulevard

The business is unique to the South Florida real estate market, said Siebrecht, serving as a one-stop shop for companies, individuals and real estate agents.

“We have decades of experience in the real estate market on

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