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,
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,
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
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.
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
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
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
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.
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 itHolyoke, 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.