News: Spotlights

2021 Women in Commercial Real Estate: Sarah la Cour, Vice President of Operations, Westmass Area Development Corp.

Sarah la Cour
Vice President of Operations
Westmass Area Development Corp.

What led you to your current profession? My professional path through landscape architecture, historic preservation and economic development has allowed me to evolve my career into the field of real estate development. The experience and skill set that I’ve acquired has provided me the opportunity to now enjoy the multiple projects and responsibilities associated with brownfield redevelopment, real estate development, economic and community development.

In the past year, what project, transaction or accomplishment are you the most proud of? This year, Westmass was awarded a $460,000 2021 EPA Brownfield Cleanup grant for one of our properties, The Ludlow Mills, to continue the process of remediation in historic mill buildings. I’m proud of the fact that the Westmass team worked together to successfully secure these funds and continue our redevelopment activities to advance the rejuvenation of this remarkable historic mill complex.

What is one characteristic that you believe every woman in commercial real estate should possess? A sense of humor. Throughout my life and career, it has been helpful for me to always try to look at things with humor. Whether at a particular situation and at myself, I’ve found that being able to find a way to laugh can de-escalate a conflict or solve a problem with grace and confidence. Sharing a laugh with a colleague or client also helps create a positive and cheerful atmosphere to accomplish great work in.

MORE FROM Spotlights
Spotlights

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!
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Navigating conversations and industrial real estate: Unveiling the intricacies with a dash of dad jokes - by David Skinner

Navigating conversations and industrial real estate: Unveiling the intricacies with a dash of dad jokes - by David Skinner

Here are a few of my favorite topics of conversation: politics, religion, money, and relationships. Other than a below average level of social capability, why do you suppose that those are some of my favorite conversation pieces? Well, I believe that there is a fascinating truth hidden within these realms
CRE market continues to navigate and adjust - by Kristie Russell

CRE market continues to navigate and adjust - by Kristie Russell

The New Hampshire commercial real estate landscape has experienced notable fluctuations in recent years. Within the office sector, there has been a consistent uptick in available space since 2020, attributed to a wave of companies downsizing or closing their New Hampshire operations. However,
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!
Risk-based capital requirements: Impact of rules on commercial real estate loans - by Michael Chase

Risk-based capital requirements: Impact of rules on commercial real estate loans - by Michael Chase

Two popular sources of commercial real estate financing are banks and insurance companies. According to the Mortgage Bankers Association, banks and insurance companies combined hold 54% of the nearly $4.7 trillion in outstanding commercial mortgages as of the end of 2023. Both of these lender groups are subject to regulations