Internal Revenue Code (IRC) Section 1031 provides “No gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held
In an era of uncertainty – uncertainty and unpredictability taken to new heights – real estate markets find ways to seek rational paths towards solutions under conditions of uncertainty. It’s a truism in investment behavior that markets can adapt to
So it seems a good time to share some of the gold (and coal) we mined from the Federal Reserve Bank of Boston’s report on real estate in New England. A link to the full report is at the end of the article.
I cannot remember when I first started writing articles for the
New England Real Estate Journal (NEREJ). I took some time to review articles I have written going back to the early 2000s but I believe I originally started sometime in the 1980s. I thought there
In the last two weeks, I met with two different business owners who are closing their businesses at the end of 40+ year histories of being in business. One was a trucking company that at one time boasted 40 trucks on the road. Another was in the buying and selling food
As we near the mid-point of 2025, Rhode Island’s industrial real estate market continues to be characterized by low vacancy rates, steady demand, as well as evolving technological and economic influences. Limited new construction and sustained demand across
The election of Donald Trump by over 50% of the population has set in motion a euphoria that is sweeping the country. The stock market keeps breaking daily records bringing us back to pre-Biden days. Car sales, new and used, are through the roof although at higher cost,
If you could give advice to someone just starting out in your field, what would it be? I was once told by a colleague, “Don’t let them know how smart you are, you’ll end up with more work.” Several years into my career, the advice I’d give is the opposite: Let them see you are curious, determined, and eager to learn.
If you could give advice to someone just starting out in your field, what would it be? My advice would be simple: dig in and learn. This is a tough industry, and the amount of knowledge required can seem immense early on. Take every opportunity to absorb as much as you can, whether it’s through hands- on experience, asking questions, or learning from the people around you.
What’s one challenge you’ve overcome in your career so far, and what did it teach you? One of the significant challenges I encountered in my career was entering the workforce at the end of the pandemic. The new normal was a hybrid workstyle. While this transition was difficult for everyone, it was particularly daunting as a newcomer trying to establish meaningful professional relationships.