In 2021, we saw the economy continue the road to recovery. With a population weary of being sequestered at home for much of 2020 and 2021 and ready to return to normal life, restaurants began showing an increase in business as they welcomed customers back in-person and
The past year was defined by an unprecedented number of varied natural catastrophes, political and social unrest, COVID-19 variant concerns, supply chain crisis and surging ransomware attacks. As we enter 2022 and look to the future, the cost of risk in our dynamic
History is far more interesting than fiction. That’s because history will happen again. The prophets of every generation read history because the actions of history ere done by humans, and humans have not really changed. Sure, we have access to more
Internal Revenue Code (IRC) Section 1031 allows a property owner, who holds property for “the productive use in a trade or business or for investment” to defer paying capital gains taxes if the property owner sells such property, identifies “like kind” property within forty-five days
Looking back at the year 2021my firm, Wason Associates Hospitality Real Estate Brokerage Group, had one of our best years in hotel brokerage transactions and dollar volume. As we head into the new year, we are already on a pace to be even better in 2022.
Labor shortages, rising prices, and regulatory delays. No sector of the economy seems to be immune to these problems, although the construction sector seems to be among the hardest hit. “When will things return to normal” is no longer the question
After what has felt like a decade of waiting and staying home and masking up and testing and vaccines, things are starting to change. Cautious optimism is the word of the day. There are comforting signs in the data from the wastewater COVID-19 tracking system
In opposition to most prognostications, 2021 was a strong year for commercial real estate across all asset classes. As to be expected some property types did lag others, with multifamily, industrial and lab being the runaway winners but even retail, office
Signage plays a key role in showcasing your retail store’s brand image and drawing new customers into your door. It is important to develop a vibrant, fresh, and inviting branding package to let shoppers know you are open for business. Signs can be a major indicator to
In 2022, we expect the industrial market in Rhode Island to continue to exhibit historically low vacancy rates, i.e. in the 1-2% range for “modern” industrial buildings. Similar to 2020 and 2021, demand for industrial space will continue to come from
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