News: Owners Developers & Managers

Landmark Structures completes $3.2m, 15 unit condo development

Landmark Structures Corp., a leading full service general contractor/construction management co., has completed construction of 15 affordable housing condominium units in Salem's Point Neighborhood for the Salem Harbor Community Development Corporation. Standing on the site of the former Keefe's restaurant, the new construction represents a boost to a neighborhood with a limited supply of owner-occupied housing units.  The building encompasses six 1,489 s/f three-bedroom town house style units; three 1,156 s/f two-bedroom units; and six 747 s/f two-bedroom units.  One of the units is adaptable for persons with physical impairment.   A ribbon-cutting ceremony was held January 29 at the site of the new units, located at 50-52 Palmer St. Salem mayor Kimberley Driscoll and former Ward 1 city councilor and long-time neighborhood resident Lucy Driscoll were among those speaking at the well-attended ceremony. Steve Eisenberg and Conrad DeLisio of Landmark Structures served as project manager and project superintendent, respectively for the $3.2 million project.  Nina Cohen represented the Salem Harbor CDC as project manager for the new 15-unit condominiums.  Project architects were Luna Design Associates. "As a community-based builder, Landmark Structures brings an intimate understanding of the local landscape to our projects," said William Glasser, president/CEO of Landmark Structures.  "We're proud to have worked on this affordable housing project that will provide another residential choice for low and moderate income residents in the North Shore area."
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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