News: Front Section

Anderson returns and Durmus-Pedini joins Diversified Project Management's staff

According to Diversified Project Management (DPM), Kris Anderson has returned and Alev Durmus-Pedini has joined its project management staff. Project manager Anderson has returned to DPM's Newton office. Anderson possesses in-depth expertise in the fields of facilities planning, construction management, preventative maintenance, relocation management, FF&E, and space planning in the academic and healthcare industry segments. Her prior experience includes six years of onsite project support at Harvard Business School on behalf of DPM as well as six years of experience working as an Assistant Project Manager for general contractors in Bensalem, PA; Wilmington, DE; and Winchester, MA. Durmus-Pedini has also joined DPM's Newton office as project manager. Durmus-Pedini is an experienced construction and facilities project management professional with an extensive background in architecture and sustainable building practices. Her past experience includes roles as internal project manager at HSBC Bank and Demirbank, managing retail and office space design and renovations in her native Turkey. Prior to joining DPM, she worked for CBRE in the Boston area managing rebranding initiatives and branch renovations for Santander Bank. Alev is a LEED Green Associate and possesses a bachelor's degree in Architecture as well as a master's degree in Project and Construction Management.
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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