News: Appraisal & Consulting
Posted: July 9, 2015
Mass. state senator Thomas Kennedy passes away 6/28
The MBREA is sad to note the passing of Massachusetts state senator Thomas Kennedy on June 28.
Senator Tom Kennedy was a strong supporter of the appraisal profession as the result of his friendships with appraisers in his district and MBREA leadership. He was the House Chair of the Joint Committee on Consumer Protection and Professional Licensure and filed legislation on behalf of the MBREA the past several years. His compassionate and intelligent approach to serving constituents and the public will be greatly missed.
Senator Kennedy was the lead sponsor of MBREA's bill to have disciplinary actions rescinded that were taken against appraisers who completed every version of USPAP.
A highlight of MBREA's relationship with Kennedy was his attendance at the 80th anniversary gala where he was the keynote speaker.
Stephen Sousa is the executive vice president of the Mass. Board of Real Estate Appraisers, Boston.
MORE FROM Appraisal & Consulting
Quick Hits
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Columns and Thought Leadership
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
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
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 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