News: Spotlights

2023 Women in CRE: Lydia Chesnick, Bernkopf

Lydia Chesnick
Partner
Bernkopf 

 

What recent project, transaction, or accomplishment are you most proud of? While my background is real estate, I do a lot of work with multi-generational families including transitioning businesses and other assets to the next generation. I am currently working with a family with an exceedingly talented next gen, with complex holdings that span numerous asset classes including real estate. I am enormously proud of what’s been accomplished thus far and honored to work with this incredible family. 

What are the most important factors women in your industry should consider when choosing a firm to build their career with? Since one size rarely fits all, the question is “does the firm provide the resources and flexibility to allow you to achieve your personal career objectives?” For me, my goal is to be an advisor, strategist and trusted resource so a collaborative, resource-rich firm is essential.

Who inspires you most? What qualities do they possess that inspire you? My father. He defined the word original. He became a single dad at a time when there was no template. Like everything else, he simply figured it out. He traveled for work so I was his faithful sidekick. I learned more from our travels than from textbooks. He never doubted I could be anything I wanted to be, and I believed him. He was extraordinary.

Why should this nominee be recognized in our Women in CRE Spotlight? “Lydia’s multifaceted real estate approach makes her an invaluable asset to her diverse client base. Renowned for her problem-solving acumen and long-term relationship-building, Lydia is a trusted advisor who contributes to state policy and community housing. Her holistic approach to law merits recognition in Women in CRE.” - Jeannette Riendeau, Director of Marketing at Bernkopf.

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
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 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
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
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