News: Spotlights

50 year anniversary question and answer Earle Wason

Name: Earle Wason Title: President Company: Wason Associates Hospitality Brokerage Group Years with Company: 22 Years in real estate industry: 40 Address: One N.H. Ave, Suite 125, Portsmouth NH 03801 Telephone: 603-498-1899 Email: earle@hospitalityrealestate.com Website: hospitailtyrealestate.com What year did you discover the New England Real Estate Journal and what business were you doing at that time? I began reading the Journal around 1975 when I had the role of sales manager for a 5 office firm. The firm did some commercial real estate sales but the reading the Journal made me realize that there was much more to being in the real estate business and decided that was a direction in my career that would be more challenging and rewarding. This in turn was one of the factors that convinced me to enroll in the CCIM program courses and then to acquiring the CCIM designation in 1985. In what way has the New England Real Estate Journal been a benefit to you and your business? Our brokerage business is conducted in most of the New England States. It helps to be informed as to all related real estate activities for many reasons. It allows me to be better educated as to what may be important in communities where I have properties for sale, insight as to who is active in different market segments that may be helpful to me, and provides the trends that affect my business. How long have you been affiliated with the commercial real estate industry? I had completed some small commercial sales starting in 1975 and from that time to the late 1980" participated in many facets of the industry: residential development, management, business transactions and some commercial activity. It was in 1990 that I committed to only specializing in hospitality transactions that included Hotel, large motels Resort Inns and some other hospitality related properties. I have completed more than 250 hospitality transactions since making the commitment in 1990.
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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