Name: Alain Valles
Title: President, Mass. Mortgage Association
Company: Direct Finance Corporation
Location: 439 Columbia Rd., Hanover, MA 02339
Birthplace and year: Morristown, N.J., 1961
Family: Wife, Gail; four children: Derek, Kevin, Katherine and Dennis
College: Univ. of Mass., BBA in Business; Univ. of Penn., The Wharton School, MBA; MIT, masters in Real Estate
First job outside of finance: Owned Herbie's Ice Cream in Hanover.
First job in finance or allied field: Krupp Companies, real estate planner
What do you do now and what are you planning for the future? Now that the loan officer law has passed, educate the industry and work with the Mass. Division of Banks to provide loan courses and training.
Hobbies: Time with family, travel with family
Favorite book: "What to Say When You Talk to Yourself," by Dr. Shad Helmstetter
Favorite movie: "Camelot"
Key to success: Maintaining a positive attitude and giving grace to others.
If you had to choose another vocation what would it be? Business consultant
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 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!
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 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