Name: Michael Scanio
Title: Managing Partner
Company: Cambridge Capital Advisors
Location: 49 Lexington St., Ste. 5, West Newton, Mass.
Birthplace: Waltham, Mass.
Family: Wife, Lauren
College: Bachelor of Science, Business Management, Bentley University
First job outside of real estate: Financial advisor, Direct Capital Securities
First job in real estate or allied field: Vice President, Trident Realty Advisors
What do you do now and what are you planning for the future? CCA is a commercial real estate brokerage, advisory and consulting firm. Assist our clients with the acquisition and disposition of investment properties nationwide, specifically single tenant net-leased properties and shopping centers. Plan to grow a national brokerage platform with representation in major MSAs throughout the country.
Hobbies: Fishing, traveling, wine collector, music
Favorite book: "Outliers" by Malcolm Gladwell
Favorite movie: "Wall Street"
Favorite website: LoopNet
Person you admire most (outside of family): Warren Buffet
Keys to success: Work hard, play hard
If you had to choose another vocation what would it be? Hedge fund manager
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