News: Appraisal & Consulting

Frederick Richard President Connecticut Chapter Appraisal Institute

Name: Frederick Richard, MAI Title: President, Connecticut Chapter of the Appraisal Institute Company: Babson Capital Management Location: 1500 Main St., Springfield, MA 01115 Birthplace and year: Hartford, Conn., 1970 Family: Wife, Julia; 2 children College: University of Connecticut, BS, Finance First job in real estate or allied field: Heberger & Associates, staff appraiser What do you do now and what are you planning for the future? Maintain and increase membership by offering more educational benefits, deal with the credit crunch, changing markets Hobbies: Time with family, play the piano and guitar, listen to music Favorite book: "The Stand" by Stephen King Favorite movie: "Star Wars" Person you admire most (outside of family): Ned Heberger Key to success: Do the right thing by your colleagues and peers. If you had to choose another vocation what would it be? Musician
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Columns and Thought Leadership
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