Category: Spotlight Content
Adjusting to the new normal. “Put it on my card” - by Dennis Serpone
January 27, 2023
Before we anticipate what 2023 will look like, let’s thank our legislators for finally recognizing that small businesses, food and beverage, and entertainment drive our economy. The state Senate passed a bill that could pave the way for Happy Hour to return, there are a few things that lawmakers will have to work out.
KW Elite Commercial Realty commercial market report for 2023 - by Mike Alves
January 27, 2023
Following a pandemic-fueled course correction, the global real estate industry faces transformational shifts in how buildings will be used, valued, and transacted in 2023 and beyond
A look ahead. Loan originations will remain strong, yet less robust than last year - by Alan Doyle
January 27, 2023
Categorizing last year’s commercial mortgage loan originations as “strong” would qualify as a gross understatement. More appropriate, certainly, would be the term “record setting,” as lenders surpassed their 2021 loan-origination goals by a margin of 25%-50%.
Demand is high and supply remains low - by Julie Freshman, George Paskalis and Mike Giuttari
January 27, 2023
In 2023, we expect that the supply of industrial buildings and spaces in the Rhode Island market will remain low, with vacancy rates that remain in the 1% to 2% range for “modern” industrial buildings. The demand for industrial space continues to come from the logistics, medical supply, public storage and direct to consumer sectors,
The future of security is here and ever evolving - by Daniel Sarno
January 27, 2023
In the security industry, change is constant. As threats to safety evolve, so do the strategies and technologies used to combat them. This is especially true when it comes to video surveillance. For years, security guards have been the first line of defense against potential threats.
What role does signage play in opening up your new retail destination - by Richard Poyant
January 27, 2023
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 prospective customers that a new and exciting retail destination is opening in their area.
Interest rates and inflation - by Matthew Bacon
January 3, 2023
As we all know, interest rates have been changing drastically, with movement in both directions, depending on the type and term of financing. The Federal Open Market Committee has taken drastic action in efforts to curb abnormally high inflation, but it hasn’t controlled labor cost growth to the extent that was intended.
2022 Year in Review: Ralph Letner, SVP, Chief Lending Officer at North Easton Savings Bank
December 30, 2022
What was your most important professional accomplishment or most notable project, deal, or transaction in 2022?
I’ve been very active lending in the renewable energy market in the past few years. During 2022 at my prior bank, we were funding the construction of solar projects for a developer under a master
2022 Year in Review: Dennis Kelleher, Executive Vice President at Horvath & Tremblay
December 30, 2022
What person, project, transaction or market trend had the greatest impact on your industry this year?
The rapid increase in interest rates has had a dramatic impact on our industry. We are seeing less inventory available for sale and downward pressure on pricing due to the higher interest rates. We have
2022 Year in Review: Nicholas Golon, P.E., Principal, Civil Department Manager at TFMoran
December 30, 2022
What was your most important professional accomplishment or most notable project, deal, or transaction in 2022?
After over a year and a half to secure permits, the Granite Woods Commerce Center adjacent to exit 11 on I-93 in Hooksett, N.H. broke ground in the fall of 2022. This state-of-the-art 500,000 s/f class A
2022 Year in Review: Parker Snyder, Director of Business Development at ARCO National Construction ...
December 30, 2022
What was your most important professional accomplishment or most notable project, deal, or transaction in 2022? ARCO’s New England division experienced dramatic growth of 300% in 2022, largely due to the extremely high demand for industrial warehouses and GMP facilities, the majority of which are intended for life science tenants.
2022 Year in Review: Thomas Sweeney, SIOR, Principal at Sweeney Real Estate & Appraisal
December 30, 2022
What person, project, transaction or market trend had the greatest impact on your industry this year? The biggest impact on our industry this year was the return to office.
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