Why Do Start-Ups Need Tenant Representation?
Key Takeaways: What is commercial space, really? Well, it’s not merely four walls and a floor plan. It’s a labyrinth of financial obligations – operating expenses, renewal conditions, and escalation mechanics buried deep inside agreements that landlords negotiate daily and founders encounter perhaps twice in a decade. Real estate ranks as the second-largest expense most…
Market Dynamics Driving Housing
While the entire state of New Hampshire has seen a rise in rental rates over the past five years, Rockingham, Strafford, and Hillsborough Counties have all seen a 25%+ increase in rental rates of 2-bedroom apartments. Statewide, the vacancy rate is currently 75%. New Hampshire experienced a 43% increase in permit issuance annually in 2019 when…
What does our future look like in Commercial Real Estate?
Elon Musk, the founder of PayPal, Tesla, SpaceX, the Boring Company, and Open AI, has always thought most people think in analogies instead of understanding the universal truth about the world around us. This is why we feel comfortable sending payments over the internet, able to reuse rockets for multiple launches, have an electric car…
Industry Update
Questions During Uncertain Times Here’s a quick market update from our team and how it might affect future months in commercial real estate. Full disclosure, while we do invest in commercial real estate, we are speaking as real estate brokers and not investors. While we represent a number of property owners and buyers, who each…
COVID-19 Business Guide
Keep The Faith – Information To Help Get Through Trying Times What effects will the COVID-19 virus have on the real estate market on the NH seacoast? What is the history of the governor’s orders? What were the effects of those orders? On Friday the 13th, it all began; Governor Sununu issued a State of…
Not All Cash Flows Are Created Equal
Many real estate investors who recently began their investing journey reach out to a commercial broker, like our team, after painting one too many apartments subsequent to a tenant damaging the unit, or being woken at 2am to deal with plumbing issues wreaking havoc on the property. The call usually goes, “I’d like to not…
New Hampshire Seacoast: Then & Now (2018 – 2020)
Anyone familiar with the Seacoast area of New Hampshire would know that finding an affordable rental has been extremely challenging for the last few years. Our team took a look back to see what investors thought about the rental market across the state to see if multi-family units that do sell, show the same desirability…