Spotlights
Property repair and improvement costs before a sale and 1031 exchanges - by Lynne Bagby
It is common for many New England real estate investors to make repairs, updates, and improvements to enhance an investment property in preparation for listing with a real estate agent or broker for sale. A commonly asked question by investors in New England is, “Can I be reimbursed from the 1031 exchange for the costs associatedDemand continues from tenants and investors - by Julie Freshman, George Paskalis and Mike Giuttari
The Rhode Island industrial market has been challenged by a lack of supply with vacancy rates in the 1% to 2% range for “modern” single-story industrial buildings, with little new construction of industrial buildings dueRhode Island real estate market remains strong, due to the fact that inventory remains tight - by Thomas Sweeney
Imagine the economy as a heartbeat, it needs go through rises and lulls, it’s alive. Stagnate activity is cause for concern. We may see a recession but we are in no way able to determine how deep it will be, if it’s not already here.The new normal swings into summer - by Dennis Serpone
The restaurant industry has charged through the last couple of years, through the pandemic and through the problems relating to inflation and staffing. The most visible signs of distress have been the increases across the width and breath of menus and the reduction of operating days and hours.Project of the Month: Dellbrook|JKS breaks ground on 2Life Communities’ Opus Newton - 351,000 s/f senior living development
Newton, MA On March 6th, 2023, New England construction management firm Dellbrook|JKS broke ground on Opus Newton by 2Life Communities, alongside its architect Perkins Eastman. The new development will provide middle-market seniors with a more affordable living option,Due to hybrid and work-from-home models, the square footage companies need has dropped - by Kristie Russell
Although the first quarter of 2023 has not ended yet, the commercial real estate market has been active thus far. The industrial sector continued to see both investment and owner-user sales throughout New Hampshire. There is2023 Women in Construction: Michelle Callahan, Nitsch Engineering
How are you involved in community organizations and/or charities? I’m involved with CREW Boston (Commercial Real Estate Women): I co-chair the diversity, equity, and inclusion committee, and I’m also actively involved with the membership committee and the development project management committee.
2023 Women in Construction: Deborah Danik, Nitsch Engineering
What was your greatest professional achievement or most notable project in the last 12 months? We’re currently in the final phase of construction for the Boston Housing Authority’s Orient Heights redevelopment project in East Boston, which is replacing 331 affordable housing units.
2023 Women in Construction: Jennifer Johnson, Nitsch Engineering
How are you involved in community organizations and/or charities? I enjoy my involvement in several organizations across the AEC industry, including the watershed management committee for NEWEA (New England Water Environment Association), the water resources committee for EBC (Environmental Business Council), and the advocacy committee for the North and South River Watershed Association, my local watershed group.
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