Hotel Sale Preparation: Why Most Owners Fail Before They Even List
Key Takeaways: Franchise Agreements Complicate Transfers: Franchise agreements represent the single most complicating force in hotel transactions. Brand operators maintain extensive approval authority over ownership transfers and frequently mandate property improvement plans and transfer fees at the seller’s expense. Proactive Tax Planning is Non-Negotiable: Tax consequences are a silent assassin that can cost sellers 25-35%…
Residential Rental Rates
Low inventory, less than 1% vacancy rates, and higher rents have created a very challenging market for New Hampshire renters. According to almost all public and private sources, the housing shortage in the rental market is as acute as the shortage in the single family home sale market. This shortage spans the entire range of product,…
Local Trends Explained
The Boston-Cambridge-Newton Market, or as we call it, Seacoast & Northshore Market, is #1 in Buyer Activity in New Hampshire for 11 straight quarters. It is also the only market in the state that has a commercial inventory “demand surplus”. It doesn’t take a commercial real estate expert to recognize that this is a market…
Off-Market Commercial Listings
Residential agents are required to enter properties on the Multiple Listing Service (MLS) within one business day of marketing a property to the public. Public marketing includes, but is not limited to: Flyers displayed in windows yard signs Digital marketing on public-facing websites Brokerage website displays Digital communications marketing (email blasts) Multi-brokerage listing sharing networks…
Staffing Problems and Creative Solutions
It is tough to imagine that less than two years ago there were five unemployed people in the United States for every job opening. Now we have only 0.7 unemployed to job openings. This means that if all the 6.3 million people who were unemployed filled the job openings, there would still be 2.7 million open…
Where Will Inflation Take Us in 2022?
To figure out where things are going, we need to ask what exactly is inflation, how is it measured and what is the cause of inflation? Here’s how those are defined: Inflation is a decrease in the purchasing power of money, reflected in a general increase in the prices of goods and services in an…
Why Buy Right Now?
When everyone is doing something, I personally am wired to think that the masses are wrong and do the opposite. So when we are seeing record prices for single family houses, apartment buildings, and industrial buildings, I initially think that people might be making a mistake and buying real estate at the peak of a…