News: Front Section

Johnson joins BDC Capital as vice president and business development officer

BDC Capital has hired Ryan Johnson as a vice president and business development officer. Johnson will be responsible for the territory including Eastern Massachusetts, Southern New Hampshire, and the Merrimack Valley. Johnson's banking experience began in 2000 at Fleet Boston. He moved to Key Bank in 2003, then was named vice president of CIT Group in 2005. After a successful career as chief lending officer and senior vice president at First Commons Bank, Johnson accepted the position of senior relationship manager, business banking, at RBS Citizens Bank in 2011. "Ryan has consistently excelled as a Relationship Manager in his career. At RBS Citizens Bank, Ryan was ranked #1 overall Relationship Manager every year, and we are delighted that he is bringing his talents to BDCCapital."said Paul Flynn, executive vice president. Michael Topalian, managing director, sales & marketing, said, "Adding Ryan to our team of business development officers strengthens our outreach to the local business community and provides an enhanced level of focus on meeting the needs of our diverse client base."
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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