News: Rhode Island

HomeSmart Professionals celebrates one year anniversary

Real estate firm HomeSmart Professionals Real Estate celebrated their one year anniversary on June 3. The celebration was held at The Tree House Tavern & Bistro on Centerville Rd. Opening their office in May, 2014 with 20 associates, HomeSmart Professionals has grown to 87 associates and expanded their office facilities located on Centerville Rd. to include associate offices on the second floor. HomeSmart Professionals Real Estate offers one of the most attractive business models in the real estate industry and provides their associates with specific systems and technology that create efficiency in operations and paperless transactions. The Arizona-based HomeSmart Franchise continues to open new offices and add jobs across the U.S., opening 7 new franchises and 10 new offices across 5 states within the last 6 months. They are 9,255 associates strong with a goal of 13,500 by the end of this year.
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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