News: Owners Developers & Managers

IFMA Boston gets behind the scenes look at Encore Boston

Boston, MA On April 25, Dana Ham, director of facilities and John Paras, chief engineer/sustainability manager, CFM of Encore Boston Harbor gave IFMA Boston a behind the scenes view of what it takes to bring the $2.4 billion Encore Boston Harbor resort project to fruition, and an understanding of the challenges they have faced along the way. Core competencies addressed were real estate and property management, emergency preparedness and business continuity, environmental stewardship and sustainability. The program took place in the field office at 3 Charlton St. in Everett and then the attendees were treated to a short bus tour around the site for a closer look. 

This five-star waterfront resort is accessible by land and sea and is conveniently located just minutes from Boston. Encore Boston Harbor has been designed to create unforgettable experiences. 

Featuring more than 650 rooms with sweeping views, their full-service resort will combine an array of casual and fine-dining options from award-winning chefs, as well as a sanctuary-like spa, comprehensive meeting spaces and unique shops.

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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