By Toby Burke Logistics and warehouse facilities play a critical role in goods movement and the supply chain for meeting the needs of consumers, governments and businesses across North America. The essential role that these facilities play, as well as their economic contributions and job creation, must be taken into consideration in policy debates that could affect their viability. However, many state legislatures are currently considering anti-warehouse legislation, similar to California’s Assembly Bill 98, that would hinder future development of these facilities. As background, California lawmakers quickly “gut and amended” Assembly Bill 98 in the final three days of the…
Author: James Anderson
By Maria Gatea In 2023, approximately 7.5 million people moved interstate in the United States, a trend that remained relatively constant over the past decade. At the same time, local moves are on a downward trajectory. In 2014, nearly 12% of the population – 37.6 million people – relocated within their state. By 2023, that number had dropped to 9%, or 30 million. High mortgage rates and unaffordable housing are discouraging many Americans from upgrading to larger homes or better neighborhoods. However, state-to-state relocations remain strong as people seek access to dynamic job markets and more affordable housing. Who’s moving…
By Albert de Plazaola Among shifting cultural dynamics, corporations are increasingly asking employees to revert to pre-pandemic work models. While many companies continue to embrace and evolve a hybrid work model, in September 2023, a trio of the old guard – Goldman Sachs, Blackstone, and JP Morgan – abolished hybrid in favor of an all-in approach. Their reasoning centered on mentorship, cultural cohesion and the irreplaceable value of in-person deal-making. Throughout 2024, announcements of U.S. corporate giants mandating a return to office (RTO) came in waves. Five-day mandates arrived from UPS and Boeing, from AT&T and Citi, from IBM and…
Embarking on the journey to homeownership can be both exciting and overwhelming, especially when you’re surrounded by a plethora of myths and misconceptions. As a first-time homebuyer, you might have heard that renting is more affordable than owning, or that a flawless credit score is essential. But how accurate are these claims? In this guide, we’ll debunk common myths about homeownership and highlight valuable programs available for first-time homebuyers in Vermont and New Hampshire. Whether you’re interested in the real costs of renting versus owning, down payment requirements, or financial assistance programs, this article aims to clarify these topics. Dive…
Fall is a time for foliage, pumpkins, and corn mazes. In fact, Vermont is home to New England’s largest corn maze, known as the “Great Vermont Corn Maze,” which stretches for 24 acres. But, just as a maze can be a confusing and winding path, so can the mortgage process. With the proper guidance, you can be prepared before meeting with a lender by knowing what they will ask, what you should ask, and what documents you should have ready. In this post, we will help you find your way through the complex maze of mortgage loan options, ensuring you…
By Ryan Severino It’s been more than two months since the Federal Reserve (Fed) cut interest rates by 25 basis points (bps), but the market optimism around monetary policy has shifted significantly since then. This move was widely anticipated by most; however, the market reaction was complicated and confused by other follow-up statements. Commercial real estate (CRE) investors want to understand how shifting monetary policies will affect the CRE environment. The answer may not be so cut and dry. The Fed had initially projected four rate cuts in 2024, however, it then scaled back its guidance to just two. That…