Category: Spotlight Content
Tight R.I. office market offers tenants few large block opportunities - by Pete Hayes, Steve Flachb...
March 29, 2019
The overall economy in Rhode Island has maintained its steady improvement. The state has over 2,000 more jobs than it did a year ago and the unemployment rate has decreased to 4%, which is half a percent lower than in 2018. The stable economy combined with limited new speculative office developments in either downtown
Rhode Island market 2019: The land of hotels, schools and medical - by Mike Giuttari
March 29, 2019
During 2019, much of the growth and development is focused on Downtown Providence. Much of this has to do with the colleges and hospitals, and residential in general. Rhode Island continues to develop hotels, especially in Downtown Providence, due in part simply to a vibrant, in-demand city, and with the intent of creating
Builders risk insurance protects from the time the shovel hits the ground to certificate of occupanc...
March 29, 2019
In recent months we have seen an uptick in construction related activity throughout the real estate marketplace. Residential, retail and commercial developments are all either under construction or being considered by owners and developers. The insurance marketplace is responding well to this increase in demand and ample carriers are vying
There is opportunity for development and sites located in towns with vision to make it happen - by M...
March 29, 2019
Spring always gets me thinking about longer days, warmer weather, march madness, opening day at Fenway and of course the sound of heavy equipment and the smell of diesel as ground breaking occurs for new construction across the state. So, I thought it appropriate to focus this article on new development occurring in
Southern Maine’s commercial real estate market — holding strong - by Matthew Cardente
March 29, 2019
Southern Maine’s commercial real estate market was healthy through 2018. Investment sales remained strong with continued low interest rates and area competition. However, there was a slight slowdown in the 2018 leasing market with vacancy rates increasing modestly for two of the major commercial sectors in Greater Portland.
Top reasons for borrowers to lock in rates in early 2019 - by Michael Chase
March 29, 2019
The start of 2019 has once again presented borrowers with an opportunity to take advantage of commercial mortgage rates near historic lows. As we make our way towards the end of the first quarter, here are the top reasons borrowers should be looking to lock in rates now.
Sales are up but profits are down as competition for the food dollar has never been greater - by Den...
March 29, 2019
A Tale of Two Cities (1859) is a historical novel by Charles Dickens, set in London and Paris before and during the French Revolution. The novel tells the story of the French Doctor Manette, his 18-year-long imprisonment in the Bastille in Paris and his release to live in London with his daughter Lucie, whom he had never met.
Confidentiality agreements in real estate transactions should contain several key elements - by Phil...
March 29, 2019
“Knowledge is power and it can command obedience. A man of knowledge during his lifetime can make people obey and follow him and he is praised and venerated after his death. Remember that knowledge is a ruler and wealth is its subject.” - Saying 146 from Nahj Al-Balagha.
Individual liability against officer of corporate tenant in lease dispute - by Anthony Cichello and ...
March 29, 2019
In most commercial tenancies, the fact that corporations or other business entities act as the parties to the lease insulates the corporate officers of those business entities from individual liability. However, this is not always the case. In a recent case, a Massachusetts court held that an officer may be individually liable for statements
Commercial real estate continues to be challenging reconciliation of the dynamics of our markets - b...
March 29, 2019
Solid domestic economic data and broadly stable commercial real estate markets persist. At least commentators and pundits observe the quality approving of the current data dump. Rates may hold steady all year during 2019. The FED has demystified 2019. The FED intends to continue to gradually normalize its balance sheet
The property management industry is better, and stronger than it has ever been in recent years - by ...
March 29, 2019
I’m going to be a bit of a contrarian when it comes to forecasting the outlook of the real estate market especially now that we’re going into our 10th year of this up cycle that we’ve been enjoying. This tendency comes out of my more than three decades in property management, however, contrary to popular belief
Housing: We are not talking affordable housing, but rather the shortage of attainable housing - by D...
March 29, 2019
I am writing this on the first day of spring and it is a beautiful sunny day, although a bit cool and not quite feeling like spring. I am looking forward to seeing the trees and flowers come to life and the warm days where we can enjoy the outdoors. The real estate industry feels similar with the industry still going along great but with a slight chill at times.
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