News: Owners Developers & Managers

IFMA Boston hosts first Casino Royale: Membership Drive Oct. 6th

On October 6th, IFMA Boston hosted thier first casino night event for its membership and their colleagues in the 10 St. James lobby thanks to our generous hosts—Liberty Mutual. The guests were treated to dinner catered by Davio's and a full range of casino entertainment from craps to roulette to poker. Pictured are some of the attendees: Everyone had a great time! The event was sponsored by Turner Construction, UGL Services, Apollo Security and Elaine Construction. Interested in Becoming a Member of IFMA? Whether you are a facility manager, product or service provider, or student, IFMA Boston can provide you with the edge you need by putting you in touch with the right people. The Boston Chapter of IFMA is acknowledged as one of the best in the world because of people like you who help to make our organization such a success. Why IFMA Boston? IFMA is the most direct channel of communication between you and the FM world, and an excellent source of professional development opportunities. The Boston Chapter's membership is a network of more than 800 professionals and associates who serve the full range of business environments. Visit www.ifmaboston.org to learn more about the organization and visit www.ifma.org to join.
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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