News: Financial Digest

Dorothy Savarese 2012

Name: Dorothy Savarese Title: Chairman, Mass. Bankers Association Company: Cape Cod Five Savings Bank Location: 532 Main St., Harwichport, Mass. Place of birth and year: Ridgewood, NJ - 1957 Family: Divorced; son John College: Thomas More College - BA Psychology; MBA - Suffolk University First job outside of finance: Asst. Director - Little Miami, Inc. First job in finance or allied field: Downtown Revitalization Mgr. - City of Lovington, KY What do you do now and what are you planning for the future: Support the work of staff and members, oversee legislation; research; leadership work and help banks succeed and thrive, also focus on small business lending, education and develop industry leaders. Hobbies: Time with family, walk, read Favorite book: "A Team of Rivals" by Doris Kearns Goodwin Favorite movie: It's A Wonderful Life Person you most emulate (outside of family): Abraham Lincoln Key to success (one idea): Set goals, work hard If you were forced to choose another vocation what would it be: Mystery writer
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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