News: Connecticut

Meet the REFA Member

Michael Riccio is head of CBRE Capital Markets Group Debt & Equity Hartford office covering all of Connecticut. With more than 26 years of real estate experience, Riccio has closed over $4 billion of mortgage transactions in major metropolitan areas around the U.S. in all property types. Prior to opening the CBRE Capital Markets office in Hartford, Riccio spent 23 years at CIGNA and held several real estate positions, including assignments in asset management, portfolio management and debt organization. During his career, Riccio has spoken at various industry conferences and is a published author. Michael Riccio CBRE Capital Markets 185 Asylum St., 27th Floor, Hartford, Conn. 06103 Phone: 860-987-4709 Fax: 860-249-7916 Cell: 860-836-8617 Email: michael.riccio@cbre.com www.cbre.com
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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