News: Connecticut

IREM releases Insider's Tips on a Successful Property Management Co.

Operating a property management company requires more than good communication and management skills. To be competitive, companies must have a sound infrastructure, strategic direction, and sufficient resources to achieve success. Insider's Tips to Operating a Successful Property Management Company, offers comprehensive guidance on all aspects of developing a property management business that will thrive. The report is the sixth in a series of publications from the Institute of Real Estate Management (IREM) called IREM Key Reports, each of which provides an in-depth analysis of an issue of concern to real estate management professionals that has implications for the real estate industry at large. It was written by industry experts Richard Muhlebach, CPM, SCSM, CRE, and Alan Alexander, who have over 70 years of combined real estate management experience. Contact Specifics Among the key topics detailed in the report: * Strategies for successful staffing and company organization * Components of a management proposal * How to maintain ethical practices and professional standards * Owner's evaluation and selection of a firm * Leasing commissions and other financial incentives * Steps for managing new accounts and expanding business profitability Price and Ordering Information Insider's Tips to Operating a Successful Property Management Company is $39.95 for IREM members and $49.95 for non-members (plus shipping and applicable state sales tax). To order, contact the IREM Customer Service Department at 430 N. Michigan Ave., Chicago, IL 60611. Credit card orders (VISA, MasterCard, American Express, and Discover) can be e-mailed to custserv@irem.org. Internet users can order the publication online at www.irembooks.org.
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Columns and Thought Leadership
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