As cities and communities continue to expand with new residential and commercial development, the strain on aging infrastructure becomes increasingly evident. While new construction brings economic growth, housing opportunities, and increased tax revenue,
Brief Recap – In a brief recap, 2024 saw a welcomed surge in commercial real estate (CRE) lending, which grew by $498 billion (16%) over the prior year. Given its continued popularity it’s no surprise that multifamily lending
Before starting this article, I reread the 2024 NEREJ Fall Preview article I had written last year. Not much has changed and I had the general market well defined. In a brief review, the key points included: More buyers
Managing insurance broker relationships effectively is paramount to ensuring a successful and sustainable insurance risk management strategy. Historically, a risk manager may utilize the request for proposal (RFP) or some other competition to allow
What is a Highest and Best Use Study?A highest and best use (HBU) study is a structured analysis used to evaluate the most profitable use of a real estate asset based on its physical condition, location,
For almost 46 years I’ve watched the transitions of the seasons; spring to summer, fall to winter, and back to spring. Looking back, certain things become evident. Being a chronic entrepreneur, I can honestly say that for most people the food and
Rhode Island’s commercial real estate market is shifting in line with national trends, though local dynamics reveal both opportunity and constraint. Office tenants are more selective, experiential retail is expanding, capital remains tight but shows
As we head into the 4th quarter of 2025, the Rhode Island industrial market remains healthy with steady demand. Vacancy rates remain below the 7% national average and range between 4% and 5%. Over the past year, vacancies have risen only 0.1%
As Rhode Island moves into the final quarter of 2025, the state’s multifamily market is demonstrating renewed momentum after a period of uncertainty earlier in the year. The first half of the year began with uncertainty as investors navigated a
What trends or shifts do you see shaping your industry this fall and into 2026? We believe interest rates will remain the defining market force heading into next year. The triple net lease sector has shown resilience in recent years, though higher rates slowed activity in 2025 as institutional buyers sought higher returns and 1031 and private demand softened.
What’s one major project, initiative, or innovation your firm is focused on in the months ahead? With many building performance standards rolling out across the country, we’re focused on helping our clients understand complicated compliance requirements, make good decisions about how to comply,
What trends or shifts do you see shaping your industry this fall and into 2026? This fall, I’m seeing Rhode Island’s multifamily market pick up after a slower start to the year. Investors are getting back into the mix as interest rates ease and financing becomes more accessible, which is helping deals move again.