News: Owners Developers & Managers

Cityside Management Corp. attends IMN Single Family Aggregation REO to Rental Forum

Executives from Cityside Management Corp. added well informed perspectives to the discussions at the IMN Single Family Aggregation REO to Rental Forum held in November in Scottsdale, Az. Cityside's marketing consultant, Marlene Minemier sat on two panels and served in part as the company's voice in the lively panel discussions. Her Cityside colleagues Lionel Hotard, COO and Mandy Zied-Ryan, VP of client services and Michael O'Brien, marketing manager also attended the IMN conference. As expected, there were weighty and delicate issues on the agenda as well as emerging opportunities. The focus of the conference was on a new and emerging asset class: REO-to-Rental. Other key Issues discussed included views from the Federal Government on the changing REO industry, securitizing rental streams - an unprecedented endeavor, and working through the challenges of bank-owned, single-family workout & disposition strategies. Also discussed were strategic alliances, public/private partnerships and how municipalities and not-for-profits can work together. Cityside is headquartered in Manchester, NH and operates five field offices throughout the United States that support the company in providing its single-source portfolio management services to high-volume real estate owners, including government agencies and private institutions.
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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