The Price Is High. The Buyers Are Gone.
3 Key Takeaways: A building can survive its owner and still never be worth what that owner insisted. That is the uncomfortable part of selling commercial real estate. Concrete lasts. Conviction, unfortunately, does not establish market value. An owner may have spent decades maintaining a property, replacing its roof, navigating tenant problems, and remembering what…
The Hidden Strength of CRE Housing: What Manufactured Homes Tell Us About Market Stability
Story by Margaret Anne Keith When we think of commercial real estate investments, it’s easy to picture modern apartment complexes or upscale condominiums. However, there’s a less flashy but incredibly robust segment in today’s market: manufactured housing. Comprising only 5% of the nation’s total housing stock, which amounts to around 7.4 million units, this sector’s…
Thriving in Uncertain Times: How Data-Driven Strategies Overcome Economic Volatility
Economic volatility—the unpredictable swings in prices, markets, and economic conditions—has many causes: inflation, interest rate changes, supply chain issues, and market instability. In times like these, many business owners and real estate investors take a wait-and-see approach to avoid risky capital outlays or heavy debt. The problem? When the dust settles, most of us (myself…
NH CIBOR president’s message: Public Policy Committee of NHAR – by Ethan Ash
This article was originally published on nerej.com on February 2, 2024. As we move beyond the primary season, the focus on politics may wane for some, but in New Hampshire, the 2024 Legislature in Concord faces a considerable workload with over 1,300 bills awaiting consideration. The Public Policy Committee of the N.H. Association of Realtors…
Today’s Deal Landscape and Next Year’s Market
As we close in on the end of 2023, we are thinking about 2024 and what it will hold for the real estate industry. There appears to be a wide variety of views and a lot of interesting issues that will only become more evident as the year progresses. Construction In construction, specific kinds of…
Placer.ai Office Index: May 2023 Recap and Our Thoughts
The Placer.ai Nationwide Office Building Index: The office building index analyzes foot traffic data from 800 office buildings across the country. It only includes commercial office buildings and commercial office buildings on the first floor (like an office building that might include a national coffee chain on the ground floor). It does NOT include mixed-use…
Leasing Retail Space
Case Study of 1 N Main St, Rochester, NH When it comes to leasing retail space, understanding the demographics of an area is essential. Demographic factors, such as population size, income, age, and education level can all play a significant role in determining the leasing potential of a retail space. Rochester, New Hampshire, for example, is…