News: Owners Developers & Managers

IREM gives out $10,000 in scholarships to 10 women

Boston, MA Thanks to a $10,000 donation from the Institute of Real Estate Management (IREM) Boston Metro. Chapter No. 4, ten women are in receipt of Women in Leadership scholarships from the national IREM Foundation. The Women in Leadership scholarships were established in honor of IREM’s 90th anniversary, and in celebration of two consecutive years of an all-women leadership team. The IREM Foundation created the scholarship specific to women, which supports education and networking opportunities.

While more than 50% of Certified Property Managers are women, women are still underrepresented in leadership roles within commercial real estate. IREM Foundation scholarships support industry professionals looking to enhance their education through IREM’s world-class certifications.

“We are delighted that our contribution to the IREM Foundation’s Women in Leadership scholarship fund is directly supporting ten women who have chosen the real estate management industry as their career path,” said Chris Salamanis-Rivera, 2024 president of IREM Boston and vice president, learning and development with Beacon Communities. “This donation reflects our commitment to fostering diversity and empowering women in the industry. We believe that by supporting the next generation of female leaders, we are investing in a more inclusive future for our profession.”

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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