News: Front Section

2015 Annual Review responses by Ed Silva of Vantage Builders

Ed Silva, <a class=Vantage Builders" width="200" height="250" /> Ed Silva, Vantage Builders
Respondent’s Name: Ed Silva Company: Vantage Builders, Inc. What was your greatest professional accomplishment in 2015? In 2015 Vantage Builders celebrated its 15 year anniversary, and I could not be more proud of that milestone. We’ve been very fortunate during that time to have worked with many of the top companies and landlords in New England, and we expect to do the same for at least the next 15 years. In 2015, we continued to strengthen our team, while also adding a bit more structure to the firm, which will enable us to better support our clients. We have a new management team and an extremely talented team of employees. We also launched a new website as we kick off our next 15 years. What was your most notable project, deal, or transaction in 2015? I hate to sound like a politician, but this one may be too difficult to answer! We had many interesting deals this year and it would be difficult to pick one or two. What makes it difficult is that we had such variety in our projects during 2015. We were working in different vertical markets, on smaller renovation projects up to ground-up construction. More so than in other years, there wasn’t an over-arching theme to the projects. It makes it harder to compare the projects and pick the most notable one. What are your predictions for commercial real estate in 2016? Vantage Builders has been in operation for 15 years now. And in that time we’ve seen boom periods and, unfortunately, bust periods. These market fluctuations tend to encourage certain types of projects, for example when funding is tight we see an increase in renovation projects rather than new construction, which makes sense. But in 2015 we saw projects that you’d see in all types of markets: smaller renovation work, landlords requesting common area improvements, new construction, everything. And we expect to see the trend continue throughout 2016.  
READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

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.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary