News: Construction Design & Engineering

Acadia Insurance presents another "big check" to ASM members

For the third year in a row, Acadia Insurance has declared dividends for ASM members enrolled in our sponsored group insurance program, thanks to the strong performance of the program and low loss ratios each year. Recently the Company presented a ceremonial "big check" totaling more than $700,000 for the 2006 and 2007 policy years, which was shared by approximately 100 members who were enrolled in the program during that time. Many members received checks for both years, for an average cash back of nearly $8,000 each! At ASM we are very pleased to be able to provide this exceptional benefit program for ASM members, in partnership with a top-rated carrier like Acadia Insurance. The Program covers all commercial lines and is available through the sponsoring broker, Mazonson Inc., or through any Acadia agent statewide. We encourage subcontractors to consider the program when your policy is up for renewal.
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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