After seemingly getting through the tunnel’s darkness and getting to the bright end, it seems like residential appraisers may be entering dark times again. Not self-inflicted, but assault from without. The residential appraisal profession went through a process of change during the downturn. The ensuing changes, while eliciting the usual appraiser complaints, were effective getting the appraisal process much more independent, free from undue influence, and technically more solid.
If there is anything that breaks categories, it’s low-rise, high density housing, which for practical purposes, we will define as being 4 (or 5) stories tall, usually with a commercial or retail first-floor platform.
“Knowledge is power and it can command obedience. A man of knowledge during his lifetime can make people obey and follow him and he is praised and venerated after his death. Remember that knowledge is a ruler and wealth is its subject.” - Saying 146 from Nahj Al-Balagha.
Here at Colliers, we experienced a very productive year in the retail sector. Heading into 2019, we anticipate our retail business growing within our company and in the New Hampshire retail market as a whole.
In the year ahead, we are likely to see continued compression in project delivery schedules, spurring developers and designers to hunt for new ways to streamline the design and permitting process. Meanwhile, the regulatory maze is becoming increasingly difficult and constantly changing. As a result, the permitting process often represents the major obstacle to project delivery dates, even for relatively simple projects.
Hanover, NH The newly renovated and expanded Hood Museum of Art at Dartmouth has opened to the public, following two years of construction.
...
Manchester, NH Exterior Designs, Inc. (EDI) has promoted Dave Anzalone and Aaron Fielder and has hired Ryan Meyer and Ryan Johnson.
Anzal...
Hard to believe that spring is almost here. Even though this year is flying by and the market continues to be active on all fronts, our NHCIBOR group of volunteers are still hard at work keeping a watchful eye on proposed legislation affecting the CRE community.
Nashua, NH Day’s Jewelers celebrated the opening of its first freestanding jewelry store and some high-tech touches.
Fulcrum Associ...
Keene, NH Institutional Property Advisors (IPA), a division of Marcus & Millichap, brokered the sale of Bentley Commons at Keene, a 109-unit, 144-bed independent living and assisted living facility. The property has been renamed American House Keene.