Category: Spotlight Content

The Greater Portland retail forecast for 2022:  On track for continued growth in 2022 and beyond - by Peter Harrington

The Greater Portland retail forecast for 2022: On track for continued growth in 2022 and beyond - b...

January 28, 2022
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 future of risk: The cost of risk in a changing market - by Mark Manzi

The future of risk: The cost of risk in a changing market - by Mark Manzi

January 28, 2022
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
Because we are humans, history repeats itself, so keep an eye out, and don’t get over-leveraged - by David Skinner

Because we are humans, history repeats itself, so keep an eye out, and don’t get over-leveraged - ...

January 28, 2022
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
Owners are facing significant capital gains taxes - by Brendan Greene and Mark McCue

Owners are facing significant capital gains taxes - by Brendan Greene and Mark McCue

January 28, 2022
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
Private equity groups are looking for upscale destination resorts and have cash for opportunities - by Earle Wason

Private equity groups are looking for upscale destination resorts and have cash for opportunities - ...

January 28, 2022
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.
The construction industry has quietly been reinventing itself over the past few decades - by Robert Duval

The construction industry has quietly been reinventing itself over the past few decades - by Robert ...

January 28, 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
The wait and see is over: 2022 promises to be a big year and promises action and reaction - by Brett Pelletier

The wait and see is over: 2022 promises to be a big year and promises action and reaction - by Brett...

January 28, 2022
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
New England commercial banks continue to dominate the commercial real estate lending market - by Derek Coulombe

New England commercial banks continue to dominate the commercial real estate lending market - by Der...

January 28, 2022
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
What role does signage play in opening up your new retail destination? - by Richard Poyant

What role does signage play in opening up your new retail destination? - by Richard Poyant

January 28, 2022
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
We expect to see continued strong leasing activity, low vacancy rates, and spec development projects - by Julie Freshman and George Paskalis

We expect to see continued strong leasing activity, low vacancy rates, and spec development projects...

January 28, 2022
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
A look ahead. Loan originations will remain strong for much of 2022, yet less robust than last year - by Alan Doyle

A look ahead. Loan originations will remain strong for much of 2022, yet less robust than last year ...

January 28, 2022
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
All economic forecasts should be treated  skeptically, because these are not normal times - by Mike Alves

All economic forecasts should be treated skeptically, because these are not normal times - by Mike ...

January 28, 2022
Despite the rapid spread of the Omicron variant, the U.S. economy ended 2021 in strong shape. Holiday spending rose by 8.5% compared with last year, according to a recent survey. In the four-week period that ended on December 25th, initial unemployment