Name: Leonard Lucas
Title: First Vice President/Senior Loan Officer
Company: Love Funding
Location: 170 Newbury St., Boston 02116
Birthplace and year: Lawrence, MA - 1953
Family: Wife, Susan
College: Kenyan College - AB Economics; N.E. School of Law - JD
First job outside of appraisal: Lawyer - O'Connell Welch & Quinlan
First job in real estate or allied field: Love Funding - Vice Presdient
What do you do now and what are you planning for the future? Originate HUD loans for senior housing and healthcare; Act as an intermediary for placing non HUD debt and equity for senior housing/healthcare.
Hobbies: Ski, cycle and read
Favorite movie: "The Godfather 1 & 2"
Person you admire most (outside of family): James Bond
Key to success: Keep your eye on the ball (presuming you know what the ball is)
If you had to choose another vocation what would it be? Real estate developer
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