Spotlights

The business world is changing. Is commercial real estate keeping up? - by Brett Pelletier

I am a professor of Business and Economics at Salve Regina University in Newport and on the first day of each new semester, and for each new class or lecture, I posit the following question. What is a business for?  What are companies, and organizations,

COVID-19 has forced some CRE sectors to adopt new technology and to make changes - by David O'Sullivan

Welcome to the time of turmoil for the real estate and construction industry.  We survived the pandemic of the last year, which wreaked havoc with the way we do business and how we communicate with towns and each other. Now we face new challenges with supply costs,

COVID-19 its effects on the Greater Boston multi-family market - by Bill Pastuszek

Just a year ago – was it that long ago? -  economic activity was in a deep state of shutdown. Many real estate sectors were experiencing high despair with little signs of vitality in retail, offices, and lodging markets, and looking with some trepidation at multi-family

The importance of proper identification, rules & regulations in a 1031 exchange - by Lynne Bagby

In today’s fast-paced and frothy real estate market throughout New England and across the country, locating the desired replacement investment property, getting offers accepted and coming to agreement are all collectively challenging.

One year later and the real estate market has defied expectations and flourished - by David Widmann

We opened our appraisal forecast last year with “Appraisal experts foresee a strong 2020 for the appraisal industry”. Two weeks later the COVID-19 virus “in essence” shut down the world! I remember adding in a COVID paragraph after the final draft had been approved

Let the good times roll again. Let’s all go out to eat tonight. - by Dennis Serpone

I think that we’re all taking that long awaited ‘sigh of relief’ with the governor announcing that all COVID-19 restrictions will be lifted by June. But much like viewing old World War II movies and the destroyed buildings of England

Industrial and multi-family markets are alive and well, jury still out on retail, office and construction - by William Norton

Eight weeks after vaccination (I had the J&J one-and-done), things are opening up. Despite a cool spring so far, there is much activity in the office and away from work, I have played 13 rounds of golf, walking and carrying. Tuesday night league and Thursday day league

Warehouse space in the I-495 market: Growth seems to have no end in sight - by Nate Nickerson

The industrial warehouse market has seen incredible rent growth during the COVID-19 pandemic. Rent growth for the I-495 market is up 8% from Q2 2020. Market rent was averaging $8.63 per s/f NNN in Q1 2020 and is now averaging $9.32 per s/f NNN towards the end of Q2 2021.

Resort destination hotels first to improve and that trend will continue as state mandates are eased - by Earle Wason

What a difference a few months have made since my last article for the New England Real Estate Journal in January 2021. Our brokerage business has been as active as I have seen for a long while. My firm, Wason Associates, has had a business model unlike many other hotel brokerage firms and it

Kennedy Funding closes $1.3 million loan for industrial property in Western Massachusetts

Holyoke, MA Kennedy  Funding has closed a $1.3 million loan to Hampden Papers, Inc. Proceeds from the bridge loan will be used as working capital for the borrower’s property, located at 100 Water St.