News: Spotlights

2022 Women in Commercial Real Estate: Courtney Hudgins, DPS Group

Courtney Hudgins
Process Engineer II
DPS Group

What advice would you offer to women getting into the CRE industry?
This is probably a common answer, but my advice is to take the initiative to ask questions, and to be an active listener. The collective knowledge that has been shared with me from my colleagues in the industry has been invaluable. I am glad to work in an environment where curiosity, collaboration, and open communication are highly encouraged, and our subject matter experts jump at the opportunity to help all team members to learn and grow. My second piece of advice would be to share your ideas even though it can feel daunting. Your perspective may be just what is needed!

What has been your biggest challenge and how have you faced it?
Transitioning from chemical manufacturing to biotech was a challenge. I am lucky to have found a fantastic mentor at DPS who dedicated time to me every week to go over general topics in the industry, answer all my questions, and who was and is still genuinely invested in my professional development. I also found that getting involved in projects and learning by doing worked well. These two strategies combined were effective in me coming up to speed quickly and becoming a valued team member.

Who is a woman leader you find to be inspiring and why?
Sara Blakely, an American businesswoman and philanthropist, is a leader I find inspiring. She had innovative ideas and a fresh perspective to contribute to the industry, but her research and development was dismissed citing lack of formal experience. Several weeks after her initial pitch she received a call from a mill operator who, at the encouragement of his daughters, offered to support Blakely’s concept. Her fresh perspective helped shape an industry: In 2000 her line went into production and in 2012 she was named the world’s youngest, self-made female billionaire by Forbes Magazine and one of TIME’s 100 Most Influential People.

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
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
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
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,