News: Rhode Island

Amper joins Capstone Properties as vice president of industrial division

According to Paul Griesinger and Chris Greenman of Capstone Properties, Neil Amper, SIOR has joined the firm as a vice president to direct Capstone's industrial division. Amper has been a commercial real estate broker for 25 years with Rodman Real Estate, Inc. He is a member of the international commercial real association, The Society of Industrial and Commercial Realtors (SIOR). The organization has members though out the world and membership requires a standard of ethics and sales. He has represented numerous national, regional and local clients in all phases of commercial real estate and has facilitated over 400 transactions. Amper has authored a commercial real estate report for Rhode Island that has become a standard for the industry and is widely accepted and quoted. He has also been active in the local community serving on numerous non-profit boards as well as city boards. He was a big brother for 7 years and served on the Big Brother advisory committee. He is a member of the Greater Providence Chamber of Commerce Ambassadors and a member of The Providence Foundation. He serves on the Cranston Juvenile Review Board and the Cranston Tax Review Board. At Capstone Amper will continue to provide "The Capstone Commercial Report". It will be available for all clients and interested parties who want to receive the report.
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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