Category: Spotlight Content

Winter is coming! Temperatures are dropping, Lardaro’s Current Conditions Index beat its year-earlier value for the seventh consecutive time this year and cranes are active in the sky, all seems well in the Ocean State. The real estate market has been very active both on a local and national scale

A mechanic’s lien is a powerful tool in the hands of a claimant seeking payment for services or materials on a construction project. Essentially, a perfected mechanic’s lien – one that complies with all statutory requirements for enforcement –

New Hampshire has seen its fair share of ups and downs in the retail real estate world over the years. Overall, 2017 has been a fairly strong year for retail real estate in the state. We have seen some significant sales, a plethora of leases, continued growth in retail development, and some interesting trends.

The current insurance marketplace, with the exception of health insurance, continues to be favorable for the insurance buyer. The industry has abundant surplus and has experienced reasonably decent results. Most businesses will be able to negotiate flat rates and some businesses may even see rate reductions.

Consumer surveys consistently show that CPAs are the most trusted financial advisors of all. But what happens in the rare instance when you can not trust your CPA? Nothing good, that’s for sure!

As of mid-year 2017, our recovery from the Great Recession will be eight years old. Although, to many across the various industries, it doesn’t feel as strong of a recovery as it has been. To us, though, in the commercial real estate business it is hard to relate to a recent year end article in Fortune magazine that stated

In New England’s fast-paced real estate market, finding suitable replacement property in a 1031 exchange can be very challenging. A reverse exchange is a variation of a parking arrangement transaction which provides an option for investors to take advantage of the current real estate market by acquiring desirable replacement property before closing on the sale of their relinquished property, deferring capital gains taxes.

In 2017, Colby has a $710.7 million endowment, a $200 million, 350,000 s/f athletic facility  under construction, and employs over 900 people. The campus is eloquently perched on Mayflower Hill and in 2016, 11,190 students from all over the world applied for 500 highly-desired spots to spend their freshman year at Colby.

Social media, e-commerce, rapid delivery, innovative technology continue to challenge conventional wisdom industry-wide. Generations X and Y have diverse lifestyles and shopping habits stimulating new concepts with non-uniform spatial needs and shorter leases.

There are many different obstacles that I have encountered over the past 25 years in the commercial real estate business. I think some of the biggest obstacles I have encountered entail time management and learning how to balance my career with my family.