News: Connecticut

IREM extends direct reach into China

Real estate managers in China soon will have the opportunity to earn the Institute of Real Estate Management's esteemed Certified Property Manager (CPM) designation on their own home turf. In partnership with the Shanghai Weston Real Estate Management Institute, a division of Brawman International Group, IREM will begin a complete series of CPM courses in Shanghai from Oct. 22nd to 26th. CPM courses likely will be presented in Beijing and Guangzhou in 2009. In addition to the United States, IREM currently offers credentialing courses in Canada, Japan, Poland, Russia, South Korea, Ukraine, and, as of this year, South Africa. Moreover, at-large students from such countries as Romania, United Arab Emirates, Hong Kong, Kuwait, and Vietnam also are taking advantage of IREM's distance learning opportunities to matriculate through the CPM educational program.
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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