News: Spotlights

2023 Women in Construction: Abigail Parrilla, The Arc of the South Shore

Abigail Parrilla
CEO
The Arc of the South Shore 

 

What was your greatest professional achievement or most notable project in the last 12 months? In January we cut the ribbon on the first home of our smart home initiative. The $1 million-renovation project updated and modernized the five-bedroom dwelling by incorporating smart home technology to remotely automate many everyday tasks via internet connection. Smart home features in place at the two-floor residence include external high security cameras, a ring camera, voice-activated lighting, hands-free faucets, full-speed internet, smart thermostats and an ERV (energy recovery ventilator), which circulates outside air heating or cooling depending on the temperature – all features that allow the five gentlemen who call this beautifully renovated house their home to exercise self-determination while fostering independence and safety. 

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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!
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Columns and Thought Leadership
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,
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
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
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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