News: Front Section

Consigli Construction Co., Inc. honored with Massachusetts Housing Investment Corp. (MHIC) Award

Consigli Construction Co., Inc. and its president, Anthony Consigli, were recently honored with an Excellence in Community Development award, presented by the Massachusetts Housing Investment Corp. (MHIC). More than 250 people were in attendance at the MHIC's 22nd annual meeting and awards ceremony at the Omni Parker House in downtown on June 4th. Consigli and its president, Anthony Consigli, were recognized for their "enthusiastic commitment and achievement of minority participation, as well as perseverance in ensuring the broadest possible impact of the resources it brings to construction projects." As construction manager for the recently completed Lowell Community Health Center, Consigli completed the project on time, under budget and with above-targeted levels of minority participation and employment. Consigli was one of four organizations to receive Excellence in Community Development Awards from the MHIC, a private, nonprofit lender and investor specializing in financing affordable housing and community development throughout New England. "It is a great pleasure to use this forum to put the spotlight on a few of our many wonderful partners who have demonstrated exceptional achievement, often in the face of major challenges. We hold up the work of these individuals and their organizations as models, and to publicly recognize what they have done for their communities," said MHIC president, Joe Flatley. Consigli, a fourth generation family-owned business, established in 1905 and headquartered in Milford, Mass., is a full-service construction manager and general contractor serving academic, healthcare, institutional, corporate, life sciences, landmark restoration and federal clients throughout New England and New York.
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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