New Haven real estate executive John Leary, CRE, has assumed the role of 2011 chair of the board of The Counselors of Real Estate, an international organization of top-level commercial real estate advisors headquartered in Chicago. Leary began his one-year term on October 20 at the 2010 CRE Annual Convention in Philadelphia.
Leary is president of Leary Counseling and Valuation, Inc. in New Haven, and specializes in real estate dispute resolution and litigation support; appraisal review services; major and complex property appraisals in the northeastern U.S.; and commercial real estate mass appraisal services. He serves on the faculty of the Risk Management Assn. as a valuation subject matter expert for its Real Estate Lending Seminar which is presented twice annually to Federal Reserve and state bank examiners.
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 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!
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 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