News: Connecticut

CT chapter of IREM sponsors annual golf outing May 12

The annual golf outing sponsored by the Connecticut chapter of the Institute of Real Estate Management was held on May 12, at Lyman Orchards Golf Club in Middlefield, CT. This was a great, fun event where a portion of the proceeds benefited the Hartford chapter of Habitat for Humanity. Over the last seven years, IREM has raised about $15,000 for this very important organization. The chapter would like to thank all of the sponsor and participants who made this event successful. On Course Beverage Cart - Secur America Margarita Sponsor - Eagle Rivet Roofing Hole in One ($10,000 Cash Prize) - MAC-GRAY Closest to the Pin - IREM Longest Drive - IREM Tee Sponsor - Sabel Adjusters, ARS Restoration Specialist, Schochet Companies, Siemen Fire Alarm, Hallkeen Management, MCR Property Management and KONE Inc. Snack Bag Sponsor - AFR Furniture Rental Raffle Donations - Belfor Property Restoration, Lyman Orchards Golf Course, Chili's Bar & Grille, ARS Restoration Specialist and Sidewalk Adjusters Volunteers: Sandi Siedel, Heather Phillips, Jason Falcetta, Kelley Hannon, Tanya Reed, Eric Wilson, Secur America, and James Jones Golfer's Companies AffinEco LLC MCR Property Management Inc. ARS Restoration Specialists Orkin Pest Control Belfor Property Restoration Performance Environmental Services, LLC C.A. White Precision Concrete Cutting Campbell Apartments Related Management Company CHFA Sabel Adjusters, LLC CORT, A Berkshire Hathaway Company Schindler Elevator Corporation Crystal Restoration Services Servpro of New Haven Eagle Rivet Roofing Sterling Elevator Service For Rent Media Solutions ThyssenKrupp Elevator Americas Fusco Trio Properties HallKeen Management Company AMO United Cleaning Restoration KONE Inc. Webster Bank Mac Gray Laundry Services Woodgreen Management, LLC
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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