The Rhode Island industrial market has enjoyed robust activity and demand in 2017. Initially, most of the demand for industrial space came from the marijuana cultivation sector. Activity from this sector of the market has waned. Much of the industrial space between 10,000 s/f and 20,000 s/f was absorbed,
Much like the stock market, for every seller of stock in a company there’s a buyer. The seller makes a calculated decision that his stock is either a loser or, if it’s profitable, it can’t possibly go any higher. The buyer on the other hand sees that same stock as undervalued and definitely worth buying because he’s calculated that it ‘absolutely’ is going to continue to go up.
Winter is coming! Temperatures are dropping, Lardaro’s Current Conditions Index beat its year-earlier value for the seventh consecutive time this year and cranes are active in the sky, all seems well in the Ocean State. The real estate market has been very active both on a local and national scale
A mechanic’s lien is a powerful tool in the hands of a claimant seeking payment for services or materials on a construction project. Essentially, a perfected mechanic’s lien – one that complies with all statutory requirements for enforcement –
New Hampshire has seen its fair share of ups and downs in the retail real estate world over the years. Overall, 2017 has been a fairly strong year for retail real estate in the state. We have seen some significant sales, a plethora of leases, continued growth in retail development, and some interesting trends.
The current insurance marketplace, with the exception of health insurance, continues to be favorable for the insurance buyer. The industry has abundant surplus and has experienced reasonably decent results. Most businesses will be able to negotiate flat rates and some businesses may even see rate reductions.
Consumer surveys consistently show that CPAs are the most trusted financial advisors of all. But what happens in the rare instance when you can not trust your CPA? Nothing good, that’s for sure!
As of mid-year 2017, our recovery from the Great Recession will be eight years old. Although, to many across the various industries, it doesn’t feel as strong of a recovery as it has been. To us, though, in the commercial real estate business it is hard to relate to a recent year end article in Fortune magazine that stated
In New England’s fast-paced real estate market, finding suitable replacement property in a 1031 exchange can be very challenging. A reverse exchange is a variation of a parking arrangement transaction which provides an option for investors to take advantage of the current real estate market by acquiring desirable replacement property before closing on the sale of their relinquished property, deferring capital gains taxes.
In 2017, Colby has a $710.7 million endowment, a $200 million, 350,000 s/f athletic facility under construction, and employs over 900 people. The campus is eloquently perched on Mayflower Hill and in 2016, 11,190 students from all over the world applied for 500 highly-desired spots to spend their freshman year at Colby.