News: Northern New England

Ralph Valentine 2010

Name: Ralph Valentine Title: Principal Company: The Valentine Group Location: 3 Nashua Rd., Londonderry, NH 03038 Birtplace: Everett, Mass. Family: Married with 2 children College: B.S. Accounting from Bentley 1976, MBA Suffolk Univ. 1987 First job outside of real estate: Stocking shelves at Star Market First job in real estate: Field survey crew (high school & college) What do you do now, and what are you planning for the future?: The firm is focused on brokerage, currently working on several medical and industrial assignments. We are looking to staff up the administration/research department and to hire one or two brokers. We are considering expanding into property management as the opportunities arise. Hobbies: Skiing, reading, hiking and traveling Favorite book: Profile in Courage by John F. Kennedy Favorite movie: Apollo 13 Person you most emulate (outside of family): I study different historical figures as the need arises. Key to success: Focus on the things you can control If you had to choose another vocation, what would it be?: Teaching
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Northern New England

November 2024 NH CIBOR president’s message: 10 tips for commercial real estate investors - by Ethan Ash

While many Realtors will tell you what you need to do in order to sell your residential property at the highest price (clean out the junk, update bathrooms and kitchens, paint, etc.) most people don’t get easy to follow guidance on what to do to help your commercial real estate sale. Other than that advice that I
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Columns and Thought Leadership
The Greater Portland industrial mid-year market update - by Nate Roop

The Greater Portland industrial mid-year market update - by Nate Roop

The industrial market in Maine remains robust, characterized by historically low vacancy rates. As of early 2024, the vacancy rate across the state is below 2%, indicating a continued imbalance between supply and demand. This tight market environment has kept lease rates strong, with many landlords in a favorable position. Asking rates are trending around $10.50 per s/f for
Interest rates and inflation - by Matthew Bacon

Interest rates and inflation - by Matthew Bacon

As we all know, interest rates have been changing drastically, with movement in both directions, depending on the type and term of financing. The Federal Open Market Committee has taken drastic action in efforts to curb abnormally high inflation, but it hasn’t controlled labor cost growth to the extent that was intended.

Maine multifamily outlook: Opportunities in Portland, Bangor, and Lewiston-Auburn - Blake Wright and Kristie Russell

Maine multifamily outlook: Opportunities in Portland, Bangor, and Lewiston-Auburn - Blake Wright and Kristie Russell

The multifamily market in Maine’s major cities presents a diverse range of opportunities for investors. We looked at the potential benefits and unique characteristics of three major submarkets in the state: Portland, Bangor, and Lewiston-Auburn. The information below is based on research done in CoStar and county registries, and focuses on multifamily properties that have four or more units. 

Residential is here to untie the office space doom loop - by Thomas House

Residential is here to untie the office space doom loop - by Thomas House

The glut of unused (and to the owners, undervalued) office space because of the advent of work from home is in the process of becoming homes themselves. Though this is an officially supported trend in Boston and other northeast locations, the conversion