News: Spotlights

Bill Carkin 2010

Name: Bill Carkin Title: Director of Construction Company: Worcester Business Development Corporation Location: Worcester, Mass. Birthplace: Worcester, Mass. Birth Date: 1959 Family: Wife, Deborah and two children, Eric and Ryan College: University of Lowell, Lowell, Mass. First job unrelated to your current field: Papa Gino's Restaurant in high school First job in current field: Engineer, Bechtel National - supervised and coordinated cleanup efforts at 3-Mile Island Nuclear Power Plant in Pennsylvania. What your firm does now and its plans for the future: The WBDC mission is to promote job creation and tax base expansion within the city of Worcester and central Massachusetts. Hobbies: Camping, travelling Favorite book: "Blind Man's Bluff" by Sherry Sontag & Christopher Drew Favorite movies: "Monty Python and the Holy Grail" Keys to success: Perseverance and a great sense of humor go a long way. Person you most admire (outside of family): A former college professor If you had to choose another profession, what would it be? A mentor
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Spotlights

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!
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Columns and Thought Leadership
Risk-based capital requirements: Impact of rules on commercial real estate loans - by Michael Chase

Risk-based capital requirements: Impact of rules on commercial real estate loans - by Michael Chase

Two popular sources of commercial real estate financing are banks and insurance companies. According to the Mortgage Bankers Association, banks and insurance companies combined hold 54% of the nearly $4.7 trillion in outstanding commercial mortgages as of the end of 2023. Both of these lender groups are subject to regulations
Navigating conversations and industrial real estate: Unveiling the intricacies with a dash of dad jokes - by David Skinner

Navigating conversations and industrial real estate: Unveiling the intricacies with a dash of dad jokes - by David Skinner

Here are a few of my favorite topics of conversation: politics, religion, money, and relationships. Other than a below average level of social capability, why do you suppose that those are some of my favorite conversation pieces? Well, I believe that there is a fascinating truth hidden within these realms
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!
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