Category: Spotlight Content
Using IRC Section 121 the “Principal Residence Exclusion” and IRC Section 1031 tax-deferred exch...
March 29, 2024
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 a property owner sells such property, identifies like-kind property within forty-five days of the
Making sense of uncertain markets - by Bill Pastuszek
March 29, 2024
This New England winter has been less than satisfactory. It’s New England, right? What about the noble winters of yesteryear: snowstorms, freezing rain, skiing, epic shoveling, staking out parking spaces in the city, and dead batteries? Instead, the weather never made up its mind. Thus, the
Spring forward with caution - by David O'Sullivan
March 29, 2024
I always enjoy the onset of spring. It is a time of warmer weather, plants and trees starting to show signs of life and an overall anticipation by everyone of enjoying the outside. I wish the real estate and development industry was so easy to predict as the coming of spring. We have a Fed meeting
Staffing problems continue to plague industry - by Earle Wason
March 29, 2024
In my opinion, nothing has changed since I wrote my NEREJ 2024 Forecast article. I still believe in all my 50 years as a Realtor, this may be the craziest and most unpredictable period I can remember. We still have no clue as to the effects of an election year, war in Ukraine and Israel, the turmoil
Small bays for big boys (and girls) part 2: What to expect - by David Skinner
March 29, 2024
If you have been keeping up with the industrial updates lately here at the New England Real Estate Journal, you might notice that this article is a continuation of the last article where we jumped into the discussion about small bay industrial properties. Last time, we
Marina industry overview - by Jeffrey Dugas
March 29, 2024
Despite some normalization across sales, recreational boating continued to be a significant driver to the U.S. economy due to the estimated 85 million Americans who go boating each year. It drives an economic impact of $230 billion, up 36% from 2018, while supporting 36,000 U.S.
Southern New Hampshire industrial market - by Bob Rohrer
March 29, 2024
When you consider the 2024 industrial real estate market on a national level, you will find mixed signals, but the overall appearance is that things are heading in a reasonable direction. According to Colliers’ National Industrial Research team, the continued inertia in
The bottom line is that you are in business to make money$ - by Dennis Serpone
March 29, 2024
Whether you are manufacturing integrated circuits or flipping burgers, the end result is that you hope to make money...a profit. March 2020 will be imbedded in our history for many years to come. What most people don’t see is the havoc that
The changes in trends are directly correlated with interest rates, workforce location and inventory ...
March 29, 2024
Punxsutawney Phil predicted an early spring in store for us this year. Spring brings new life and new energy as it is a time for growth and development. We are hoping Punxsutawney Phil is right for both the weather and the commercial real estate market. We do expect an uptick in activity
Rhode Island industrial market - by George Paskalis, Mike Giuttari and Julie Freshman
March 29, 2024
The Rhode Island industrial market remains challenged by a lack of supply with vacancy rates in the 1-2% range for “modern” single-story industrial buildings. Industrial lease rates in Rhode Island have increased over the past couple of years and are now in the
2024 Women in Construction: Flaviane Richard, Dacon Corporation
March 29, 2024
Who or what inspired you to join the AEC industry? When I was 10 years old, I knew that I wanted to become an architect. My inspiration was a friend named Gilsinha Costa, who was an amazing architect. However, at that time, I just wanted to be like her because she dressed
2024 Women in Construction: Ipek Cobanoglu, Dacon Corporation
March 29, 2024
What has been the driving force behind your success in the AEC industry? The driving force behind my success in the AEC industry is a combination of my inner drive, the support of my team – especially those in the field such as superintendents and hardworking
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