News: Connecticut

Keith Kumnick, SIOR President - CT/Western MA Chapter SIOR Principal Colliers Dow & Condon

Name: Keith Kumnick, SIOR - President - CT/Western MA Chapter of SIOR Title: Principal Company: Colliers Dow & Condon Location: Connecticut and Western Mass. Birthplace: Hartford, CT Family: Married with two children College: MBA - University of Hartford First job unrelated to your current field: Busboy, Post college - internal auditor First job in current field: Banking - commercial lending and loan workout What your firm does now and its plans for the future: Since 1941 we have been providing commercial brokerage services, consulting and property management. We offer the resources of a global service provider while providing the personal service of a local company. We will continue to guide our clients through market cycles. Hobbies: Golf, DIY - carpentry and woodworking Favorite book: "Sherlock Holmes" Favorite movie: "It's a Mad Mad Mad Mad World," a great comedy from the 1960s Person you admire most (outside of family): Bishop Andrew Smith - Episcopal Diocese of Connecticut Keys to success: Golden Rule, customer service, SIOR designation, Colliers Dow & Condon, supportive spouse and family, faith, preparation and hard work If you had to choose a different profession, what would it be? Management of a non-profit
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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