News: Owners Developers & Managers

Meredith Bay signs agreement with NorthWest to develop 4 custom homes

Meredith Bay, a 410+-acre residential gated community and marina, has signed an agreement with Ron Peabody of NorthWest Development, LLC for the development of four single family home sites. Construction is currently underway on four model homes. Of the 129 lots located within Phase I of the Meredith Bay community, most which include boat slips, NorthWest will develop single-family homes mirroring the community's unique setting. A selection of model homes, The Cottage, The Camp, and The Lodge, will offer residents over 3,000 s/f of lakeside rustic charm with all the modern amenities of a luxury home. "Meredith Bay is a very unique and special place. We are pleased that we have entered into an agreement with NorthWest Development. Their reputation for quality homes complements our vision for this extraordinary development," said Chris Duprey, project manager at Meredith Bay. "Once you enter Meredith Bay's gates, you recognize that this development is unlike anything else in the region. No other place offers its residents the unique combination of real estate, the lake, the views and the marina," said Ron Peabody, president of NorthWest Development. "During these difficult financial times NorthWest is confident that the resources and infrastructure of the Meredith Bay community is solid and a financially stable one. We are extremely eager and excited to begin construction and hope to continue building homes within the Meredith Bay community for many years to come."
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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

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