On May 31, 2018, Massachusetts Governor Charlie Baker signed into law the $1.8 billion Housing Bond Bill (H.4536). Included in this bill is the 5 year extension of the Massachusetts Brownfields Tax Credit and Massachusetts State Historic Tax Credits.
Most towns in America have more than a few run-down, abandoned buildings. They sit as eyesores on Main Streets while the community watches — or tries to ignore them. They require too much time and investment to attract developers to restore them.
BOSTON – Over 50 Massachusetts developers, architects, attorneys and tax professionals gathered at Gillette Stadium to listen as industry leaders discussed the field of tax credit acquisition and syndication for historic preservation, renewable energy creation or remediation of contaminated land.
BOSTON –Cherrytree Group, LLC, (“Cherrytree”) a Newton Massachusetts tax credit advisory firm has announced the closing and funding of two (2) historic rehabilitation projects in Massachusetts. Cherrytree closed the state and federal tax credit equity financing of the projects using its Preserve & Renew (“P&R”) branded partnerships, which raised over $2 million in tax credit equity from individual investors.
Part of being in the tax credit world means constantly learning to adapt to a constantly changing industry. Because of this, it is very important that we, the Cherrytree Group, absorb as much
When Treasury Secretary Mnuchin announced the details of the Administration's proposed tax reform package last week, he stated that the tax cuts proposed in the tax reform package would generate economic growth so extreme that it would pay for the tax cuts by itself. In the face of such a significant pronouncement, I wanted to see how the numbers would play out.
It is with great pleasure to announce that Warren Kirshenbaum, Founder and President of Cherrytree Group, is one of the nominees for the 31st annual Ernst and Young’s Entrepreneur of the Year Award, as part of the New England Region’s nominating process.