News: Spotlights

2024 Women in Construction: Reena Scott, Rockland Trust Bank

Reena Scott 
VP, Commercial Loan Officer
Rockland Trust Bank

What was your greatest professional achievement or most notable project in the last 12 months? I recently was able to connect three successful Rockland Trust customers, forging a strategic partnership for a new mixed-use project. Located at the historic site of Melrose’s first minority-owned business, the project will revitalize the area creating retail space as well as much-needed housing. Six units in this development will be 40B deed-restricted affordable to address local availability concerns. This collaborative effort promises a positive addition to the city!

What is your favorite / most beneficial part of Women in Construction week? My favorite aspect of Women in Construction Week is celebrating the achievements and contributions of talented women in the industry. They each bring a unique perspective that allows everyone to better navigate industry challenges.

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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