News: Rhode Island

Jolin named VP at Gilbane Bldg.

Gilbane Building Company has named David Jolin vice president.  Jolin is a 9-year veteran of the company and has a total of 14 years of experience in the construction industry.  He serves as regional controller in the New England region leading the financial operations including safeguarding the company assets, risk management, financial reporting/budging/forecasting, internal controls and administration.  Jolin has been with Gilbane in a variety of financial management positions. He joined Gilbane as a senior accounting manager and became regional controller in 2005.  He has worked in the cost, estimating, scheduling, quality operations and finance departments in the company.  He graduated from Providence College with a bachelor's degree in accounting and has a master's in finance from Bryant University.  Jolin also holds a Professional Construction Management Certificate from Northeastern University and is a member of the Construction Financial Management Association.
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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