Industry News
Fed Signals It Will Likely Hold Rates Near Zero for Months
The Federal Reserve signaled Wednesday that it will keep its key short-term interest rate near zero for the foreseeable future as part of its extraordinary efforts to bolster an economy that is sinking into its worst crisis since the 1930s
NH Banks Hit Bottleneck with PPP Round 2
Failures and policy decisions by the federal Small Business Administration have left many New Hampshire bankers frustrated and unable to file job-saving loan applications for their customers.
A Time of Chaos for CRE
New Hampshire commercial real estate figures are nervously eyeing the possible reopening of the state’s economy later this spring, hoping it may ease the burden on tenants, landlords and lenders amid the coronavirus crisis that’s brought most non-emergency business to a standstill.
Commercial Real Estate Sales Monthly Review March 2020
A recap of commercial and industrial property sales in New Hampshire for the month.
PPP Loans Saved Over 38K Jobs in NH
The first round of loans New Hampshire banks made under the federal Paycheck Protection Program saved at least 38,000 jobs.
Can Social Distance and Offices Mix?
Architects and property managers are studying once-unthinkable changes to office environments as corporate America envisions a gradual return to work in the COVID-19 era.
NH Banks Make 11K PPP Loans Worth $2B
More than 11,000 New Hampshire small businesses received approval for Paycheck Protection Program loans before funds ran out on April 16.
April Apartment Rent Payments Increase Through Mid-Month
April apartment rent payments have increased to 84 percent of renter households through April 12, as the multifamily industry monitors the financial strain caused by the COVID-19 pandemic.
Fannie Doesn’t Shift on Appraiser Rules for Refis
New guidance from federal bank regulators and Fannie Mae includes no changes on a key issue bedeviling the state’s real estate appraisers and mortgage lenders.
RE/MAX Waives Some Franchise Fees During Pandemic
RE/MAX Holdings is offering help to its franchisees in the form of relaxed fees during the coronavirus pandemic.