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.
Hingham, MA The Conrad Group has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
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.
As healthcare facilities, often referred to as “Doc in a Box” clinics, increasingly move into traditional retail spaces, landlords are more frequently leasing to medical tenants. Unlike standard retail or office leases, medical facilities come with a unique set of considerations that must be carefully addressed to ensure a successful tenancy.
>They say, “April showers bring May flowers,” but this season may bring more movement in the housing market as springtime is one of the most popular times for home buying and selling. Although spring is one of the strongest seasons for the residential market, it may not be all rosebuds and butterflies if you don’t have the right advisors.
Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,