Albert Scaralia is broker/owner of Albert Realty commercial division, Cranston, RI
What is your most memorable career experience from the past decade (2000-2009)?
There have been many memorable moments, but the ones that stand out are when I had to convince prospective buyers to purchase a property I felt was for them. Years later running into them and they are thanking me.
What major event(s) do you predict for the commercial real estate industry this decade (2010-2019)?
I feel commercial real estate will come back stronger than ever, because of the population growing and the global economy. Businesses will be on the move. It happens after every down turn.
I've been the owner of Albert Realty since 1963, and have experienced many down turns.
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!
Here are a few of my favorite topics of conversation: politics, religion, money, and relationships. Other than a below average level of social capability, why do you suppose that those are some of my favorite conversation pieces? Well, I believe that there is a fascinating truth hidden within these realms
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
The New Hampshire commercial real estate landscape has experienced notable fluctuations in recent years. Within the office sector, there has been a consistent uptick in available space since 2020, attributed to a wave of companies downsizing or closing their New Hampshire operations. However,
Two popular sources of commercial real estate financing are banks and insurance companies. According to the Mortgage Bankers Association, banks and insurance companies combined hold 54% of the nearly $4.7 trillion in outstanding commercial mortgages as of the end of 2023. Both of these lender groups are subject to regulations