News: Front Section

Auction of Beacon Hill Homes to be held March 3rd

Great Rock Auctions will be conducting an auction on March 3rd of two Beacon Hill new construction properties. With current conditions in the luxury home market, many properties remain on the market for extended periods of time. The two Beacon Hill property owners are utilizing this alternative way to accelerate the sales of their assets. About the properties: *20 Brimmer: This renovated single family 1869 townhouse, known as the John Parkman House, is a 5 bedroom residence with over 5,700 s/f of living space. Originally listed for $8.95 million to be sold subject to a minimum bid of $4.975 million. The property has elevator access to all levels, custom kitchen, marble baths, paneled library, wine cellar, private roof deck, front and back gardens, smart house technology, green attributes and two car parking. *25 Lime: This new construction triplex home has 2 bedrooms, a study, home gym room, two and a half baths, large sunny chef's kitchen, and a private garden. Originally listed for $2.449 million to be sold subject to a minimum bid of $1.2 million. Interested bidders can find additional information on the Beacon Hill auctions at www.greatrock.com. About Great Rock Auctions Great Rock Auctions is a premium real estate auction firm exclusively selling high quality real estate. Specializing in selling choice assets, Great Rock's proprietary auction process is unmatched and consistently facilitates successful sales within an accelerated time frame. Headquartered in New England, Great Rock's team is led by Principal Jeremy Freid and Principal Auctioneer Bruce Sayre, both of whom leverage their extensive experience from Chicago based, Sheldon Good & Company. Visit our website at www.greatrock.com for further information.
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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