Costly Mistakes That Will Kill Your Multifamily Deal
Key Takeaways: Selling a multifamily property is a high-stakes financial maneuver where preparation dictates profitability, yet many owners inadvertently sabotage their own deals from day one. Instead of treating the sale with the strategic precision it requires, sellers often stumble through the process, skipping crucial pre-listing inspections, failing to organize historical financial data, or letting…
Today’s Commercial Real Estate Market
Where are we in today’s market ? The news today is filled with a lot of financial doom and gloom, with the stock market leading the charge – it being as volatile as it has been all year. It seems like no matter where you turn, the news has something or someone commenting on the…
Hampton RFQ Progress Update
Dear Respondent,It has been a while since there was any communication from the Liquor Commission or us as the brokers. We have been busy during this time completing work on the zoning, and work on the Conservation Restriction on part of the property. We are pleased to report that there has been substantial progress completed to…
Is Now the Best Time to Sell?
After another weekend get-together where my friends ask me “Should I buy or sell right now?”, I am left feeling that my economics degree and ‘fortune telling’ classes were not quite good enough for me to be giving hard and fast advice on this. I also think a 2000 word blog post saying that both…
New Homes Don’t Raise Property Taxes
In New Hampshire, when a subdivision is proposed in just about any town or city, there is a “hue and cry” about the fact that it will put more kids in the school system, and that because of more kids, the costs of operations for the school district will increase – thereby increasing the taxes…
Multi-Family Trends – National vs. Local
Multi-Family and apartments are still some of the hottest investment products in the commercial real estate market. In just New England (NE) this year there have been more units sold of Multi-Family than Self Storage, Senior Housing, Special Purpose, Mobile Home Parks, Retail, Office, Industrial, Land and Hotel/Motels combined! Even with a lower price per unit,…
New, Creative Projects Nearby
There are a lot of creative housing projects in the works in the New Hampshire seacoast and they all have a similar theme – increasing density. It’s no secret that New Hampshire is experiencing a housing crisis. A severe lack of inventory has caused prices to surge, leaving both buyers and renters in a bind. From…