News: Rhode Island

DiMarco joins WaterFire as director of philanthropy

Dana DiMarco has joined WaterFire Providence as the director of philanthropy. DiMarco will be spearheading the newly developed department of philanthropy. She will be working side by side with Bronwyn Dannenfelser, director of resource development as WaterFire Providence expands its role in the community. DiMarco comes to WaterFire Providence after almost eight years as the director of development for Community Preparatory School, an inner-city school in south Providence where she led the development team in raising over $1.4 million annually to educate the students. DiMarco has been a professional fundraiser for more than 21 years and has been actively engaged with more than 30 not-for-profit organizations including Bread for the World, Unitarian Universalist Association, the New York Public Library, the American Friends Service Committee, the University of Rhode Island and many more. WaterFire Providence is a 501(c)3 independent, non-profit arts organization whose mission is to inspire Providence and its visitors by revitalizing the urban experience, fostering community engagement and creatively transforming the city by presenting WaterFire for all to enjoy. Created in 1994 by the artist Barnaby Evans, each year nearly one million visitors come to Providence to experience WaterFire.
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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