News: Spotlights

2021 Ones to Watch: Tim McGeary, Senior Associate, Northeast Private Client Group

Which project, deal, or transaction was the “game-changer” in the advancement of your career? The Ambassador Apartments on East Side of Providence, RI. At the time, it was my largest sale to date, really helped spring forward my career at the start of my third year, and increased confidence to transact on deals of that size. This sale has led to more business throughout Providence and the state today.

How do you keep your team motivated despite conflicts and obstacles? It only takes one good call, conversation, deal to change your outlook and set yourself up future business. Embrace the conflicts and obstacles; it only makes you a better broker in the future when put in similar situations.

Who was/is your mentor and how did s/he influence/help you in your career? I have a few mentors in this business. Ed Jordan got me started and helped me with training. Colleagues Brad Balletto and Taylor Perun continue to mentor me through their experience and persistent work ethic.

What advice can you offer to someone who is interested in a career in your industry? Real estate is a long-term game. If you expect to come in and sell property on day one, you’re not going to last long. My best advice would be to put your head down and your best foot forward for a couple of years, and soon you will see actual results. There are many ups and downs in real estate, try to stay grounded no matter the situation. Focus on creating relationships and always be honest and transparent.

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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