Name: "Gus" - Steven Augustus Sarff III
Title: President
Company: GS Associates, Inc.
Location: 65 Parker Street, Newburyport, MA 01950
Place of birth: Los Angeles, CA
Family: Wife, 2 sons, 1 daughter
College: San Diego State University
First job unrelated to your current field: Solar energy system sales and installation
First job in current field: Project controller, Sheraton Corp. Sheraton Grande, LA
What your firm does now and its plans for the future? Contract purchasing for hotel FF&E and OS&E. Merge with global technology for improving manufacturing, supply chain, marketing, sustainability, and control.
Hobbies: International economics, tennis, golf, wine collecting.
Favorite novel: The Economist - (weekly magazine but reads like a novel!)
Favorite film: Raiders of the Lost Ark
Favorite website: The Bottle Shop
Keys to success: Say what you do, do what you say and always look at yourself honestly. Take calculated risks.
Person(s) you most admire (outside of family): Discoverers, adventurers, revolutionaries who have the courage to risk all for a noble cause.
If you had to choose a different profession, what would it be? College Professor of Economics or wine maker.
Hingham, MA The Conrad Group has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
>They say, “April showers bring May flowers,” but this season may bring more movement in the housing market as springtime is one of the most popular times for home buying and selling. Although spring is one of the strongest seasons for the residential market, it may not be all rosebuds and butterflies if you don’t have the right advisors.
Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
As healthcare facilities, often referred to as “Doc in a Box” clinics, increasingly move into traditional retail spaces, landlords are more frequently leasing to medical tenants. Unlike standard retail or office leases, medical facilities come with a unique set of considerations that must be carefully addressed to ensure a successful tenancy.
Facing higher costs, shrinking enrollments, reduced state funding and severe demographic headwinds, many colleges and universities in New England and the Northeast are fighting for survival. The latest to lose the battle is the 150 + year old University of the Arts in