Blair named to the Regency Centers Corp.'s board of directors
Bryce Blair has been named to the Regency Centers Corp.'s board of directors. Blair's term will begin on October 1.
"Regency is extremely fortunate to have Bryce join our board. During his tenure as CEO of AvalonBay he was widely recognized as one of the most talented and astute top executives in the REIT Industry. In addition to his experience and insights to leading a great company, Bryce will bring to our board an important perspective resulting from his vast knowledge of the multifamily and single-family housing sectors," said chairman and CEO Martin Stein, Jr.
Blair is the former chairman and chief executive officer of AvalonBay Communities, Inc., a real estate investment trust focused on the development, acquisition and management of multifamily apartments throughout the United States. He served as CEO from 2001 through 2012 and chairman from 2002 through 2013. Blair currently serves as a member of the board of directors of Invitation Homes, LP and PulteGroup, Inc. Blair is the past chairman of the National Association of Real Estate Investment Trusts, where he also served on the executive committee and board of governors. He received an MBA from Harvard Business School and an undergraduate degree in civil engineering from the University of New Hampshire.
Regency is the preeminent national owner, operator, and developer of high-quality grocery-anchored neighborhood and community shopping centers. With 332 retail properties, the company's portfolio encompasses over 43.9 million s/f located in top markets throughout the United States, including co-investment partnerships. Regency has developed 215 shopping centers since 2000, representing an investment at completion of more than $3 billion. Operating as a fully integrated real estate company, Regency is a qualified real estate investment trust that is self-administered and self-managed.
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