Category: Spotlight Content
Pent-up demand and loosening restrictions signal boom in real estate auction market - by Marianne Su...
October 29, 2021
Similar to most businesses, the real estate auction market was sent into disarray with the onset of pandemic restrictions on public gatherings, the closure of many municipal offices and the implementation of property foreclosure moratoriums across most states.
Fall comes with many changes to our lives and the building industry - by David O'Sullivan
October 29, 2021
Fall comes with many changes to our lives. The leaves change colors, the air turns brisk and crisp and we start thinking about preparations for the coming winter. The building industry seems to change in the fall as well. Gone are the summer vacations when it is spotty to get everyone
Housing market observations - by Bill Pastuszek
October 29, 2021
It’s possible to generalize that all real estate markets are suffering from a severe demand/supply imbalance. This imbalance has served to drive buyer behavior and prices. It may take years to produce enough product to iron out this imbalance. In the short term, upward
Downtown Burlington’s real estate market remains strong through the COVID-19 pandemic - by Ryan Ni...
October 29, 2021
Vermont has led the nation in its pandemic response including some the highest vaccination rates in the country. The aggressive recovery campaign has let Vermonters and tourists alike return to Downtown Burlington and the Church St. Marketplace in droves. The city has been able to host
Cherrytree Group celebrates Ambrosino’s 10 year anniversary in tax credit analysis and procurement...
October 29, 2021
After 10 years in business, the Cherrytree Group has been fortunate to have been able to grow to a level of strength and stability: recently surpassing $100 million in tax credits placed on behalf its clients. It’s a total team effort — but a key member of our team has been
Construction exchanges or improvement exchanges under IRC Section 1031 - by Brendan Greene
October 29, 2021
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 any capital gains taxes if the property owner sells such property, identifies
2021 Rhode Island multifamily market report: Strong growth continues as developers invest and build ...
October 29, 2021
The Rhode Island multifamily sector continues to show strong signs of growth as reflected in new construction housing developments, higher rents, and extremely low vacancy rates. Providence, in particular, has proven to remain on solid ground as local, regional, and national investor
Industrial market remains strong, and demand does not appear to be ebbing - by Julie Freshman and Ge...
October 29, 2021
As we head into the end of 2021, the industrial market in Rhode Island remains strong with overwhelming activity on both the leasing and sale sides. On the sale side, there is tremendous activity from both owners/users and investors/ developers. The Rhode Island market continues
What a great time to buy a restaurant! Food is as essential as the air we breathe - by Dennis Serpo...
October 29, 2021
The number of our restaurant transactions is up by more than 50% in the fourth quarter of 2021 over the same comparable time in 2019 (we’ll eliminate 2020 for obvious reasons). The confluence of economic and market conditions spell ‘opportunity’ for the seasoned, well-financed
Industrial market vacancy rates continue to fall while office market rates steadily grow - by Kristi...
October 29, 2021
The New Hampshire market continues to be dominated by industrial transactions this quarter while the office market is getting more active. The story of the industrial market has been similar all year – vacancy rates continue to fall and asking rates are still climbing.
Adaptations for the property management industry during the COVID-19 pandemic - by Robert Marcus
October 29, 2021
Since the onset of COVID-19, everything about the property management industry has changed. From the day to day communication with clients, to the physical and financial demands on the property. This crisis has taught us to become more resourceful, more cautious, more efficient
Outgoing president’s message: New England Land Title Association’s 50th anniversary year - by Ba...
October 22, 2021
I appreciated serving as the President of the New England Land Title Association during its 50th anniversary year. Of course, due to the situation, we were unable to conduct our usual networking and educational activities, but like everyone else, we worked through it with Zoom meetings and conference calls.
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