News: Owners Developers & Managers

Meet the IREM Members: Costa and Thayer

Colleen Costa is from the JP section of Boston but grew up on the South Shore. She attended Bridgewater State College and earned a diploma in Real Estate Studies from Boston University. Costa has been an ARM since 1994 and a CPM since 2009. Costa is currently employed by the Hamilton Company and is responsible for their Quincy and Weymouth portfolio. She lives in Kingston with her husband Joe. They have two children, Jim and Courtney. When Colleen is not working, she enjoys riding with Joe in his collection of Antique cars and spending time with Jim and Courtney when they are in town. Colleen served 20 years on various Silver Lake School District committees in Kingston. Colleen is a member of the Jones River Village Historical Society in Kingston. Candice Thayer Morse earned her communications degree from Suffolk University in 2002. Thayer joined Thayer & Associates as a professional real estate manager and presently manages a portfolio of residential properties throughout eastern Massachusetts. In 1938 Thayer's great-grandfather, Harry Gilbert, was among the first fifteen professional real estate managers to earn the CPM designation. Gilbert's son, Howard Gilbert and grandsons, Douglas G. Thayer and Howard Gilbert Jr. also earned their CPM designations. Thus, Thayer becomes the fourth generation of the Gilbert-Thayer family to earn the prestigious designation of CPM in 2008. Thayer now serves as a member of the executive committee of the Boston Metropolitan Chapter #4 of the Institute of Real Estate Management.
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Columns and Thought Leadership
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