News: Spotlights

2021 Women in Construction: Ericka Pasersky, Senior Vice President, Construction Management, Groom Construction Co., Inc.

When I’m not working I am…Family, friends, and community involvement are the most important pieces of my life. With three teenagers, we are constantly busy and challenged. My husband is an architect so we can talk shop and bounce ideas off each other when we need to, or put work aside and enjoy a new show or movie. Our great escapes are weekend trips to Lovell, Maine where we take time out to ski, cook, bake, hike and enjoy our family game nights! We have also been renovating an 1865 general store there into our future second home. 

What are you doing differently in 2021 that has had a positive impact on your career? As we all learned to pivot, multiple times in 2020, and now into 2021, I have enjoyed the slower pace. I pay more attention to the needs of others, listen more intently and am much more aware of the immediate needs in my own community. Our family has been working at the local food pantries, delivering groceries, and spending time to participate in local beach and park clean ups. Stepping back to see how we each play an important role in improving the lives of others, not only keeps me grounded but also brings positivity and encouragement into the office. 

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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