News: Connecticut

D'Amato joins Dime Bank as new vice president and commercial loan officer

According to Dime Bank, a mutual bank, Elizabeth D'Amato has been appointed new vice president, commercial loan officer. D'Amato is responsible for growing and managing a commercial loan portfolio, coordinating commercial lending activities, and promoting the bank's commercial lending services and products throughout southeastern Conn. and western R.I. D'Amato brings 20+ years of commercial banking experience to Dime Bank. Prior to joining the Dime, she held the position of senior vice president, risk management remediation at Citibank where she was employed for over ten years. She brings experience in commercial credit risk management, loan underwriting, portfolio management, remediation/workout and loan review to Dime Bank. D'Amato is joining a team of seven experienced commercial lenders under the direction of the chief lending officer and senior vice president, Brian McNamara.
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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