What's New

WHAT’S NEW ?

As the year comes to an end and we head towards deep winter, with the economy continuing to show signs of severe stress, it is time to pause, reflect and plan for the end of 2011. The challenges of the slow construction market, and rising energy costs demand a measured approach. Commercial real estate is impacted, with a decrease in Dartmouth’s leasing outside of its owned properties, DHMC laying off workers, and Washington unable to move out of it’s own shadow.

That said there are some opportunities for a good return on investment.

The roller coaster ride of Wall Street , does not equate to substantial investment properties in the Upper Valley. Quality buildings are able to produce 7 to 9 CAP rates, even in this economy ( Plus depreciation). This is proven out by the very few

properties that are out on the open market. If you own one you keep it as a producing asset.

There are some good values out there, but not for the faint of heart.

These are long term investments. Needing capital improvements and attractive terms to attract prudent tenants. Rates are low and help offset the holding time to see a good return. On the other hand US treasuries have hit negative returns in the last couple of months.

We are somewhat sheltered from the worst of the economic collapse, but need to proceed cautiously. It is a time when a experienced professional can be the difference between a ace in the hole or a white elephant.