News: Financial Digest

GE Real Estate appoints Brook to joint venture preferred equity leader

GE Real Estate has appointed Daniel Brook to joint venture preferred equity leader in the North America Equity division. The appointment underscores GE Real Estate's commitment to providing preferred equity solutions to customers throughout the U.S. In his new position, Brook will be responsible for identifying and servicing preferred equity clients throughout the country. He will also develop market investment strategies, structures and pricing guidelines, and will help form new underwriting standards for preferred equity deals. "We are excited to have someone of Dan's caliber focus on providing preferred equity solutions to new and existing GE Real Estate customers," said Frank Marro, regional director, North America Equity. "His overall experience and relationships in the industry make him an ideal fit as we work to expand this important business line." Prior to his new position, Brook served as multifamily growth leader for North America Equity. He began his GE career in 1990 and has held a variety of positions with GE Real Estate, including finance manager, relationship manager and senior relationship manager. Brook completed GE Real Estate's Financial Management Program in 1992 and holds a BA in economics from the University of North Carolina.
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Ask the Electrician:  How do I prepare my commercial building for a disaster?

Ask the Electrician: How do I prepare my commercial building for a disaster?

New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
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