News: Spotlights

2020 Year in Review: David Rubinstein, OptiRTC

David Rubinstein
President & CEO
OptiRTC

What was the most difficult part of working during the pandemic of 2020? The initial stages of the pandemic were challenging. We wanted to ensure our staff and customers were safe, and that we provided proactive virtual support to essential workers/customers. 

What aspects of working from home have you enjoyed most? The reduction in commute time has provided me with more time for self care and professional development. Our business has accelerated our remote capabilities, saving travel time and expenses to everyone’s benefit.

What was your greatest professional accomplishment or most notable project,

deal, or transaction in 2020? We take great pride in the environmental outcomes our products provide and the economic savings we provide our customers. We helped eliminate one of two cisterns for an office park development in the Boston area. This saved over $500K for the developer, including intelligent rain water harvesting. Everyone wins!

What are your predictions for commercial real estate in 2021? We hope to see an acceleration in the adoption of smart building and smart water technologies. We can cure a lot of environmental ills & increase operating profits to everyone’s benefit. 

What is the best advice you have received, and who was it from? “Out of crisis comes opportunity”. My Vistage coach taught our chapter this saying, and we have applied it to our business. This is my ffth recession. Its important to remain resilient, keep an open mind, and seek out opportunity. I’ve had great success coming out of the last four, and I anticipate being 5 for 5 by 2022.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
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