News: Owners Developers & Managers

Must see event - Don't miss motivational speaker Marston

Cam Marston, a nationally renowned motivational speaker, will be speaking June 5th at the Granite Links Golf Club in the Grand Ball Room in Quincy, Mass. Marston is the leading expert on the impact of generational characteristics and differences in the workplace and marketplace. As an author, columnist, blogger, and lecturer, he imparts a clear understanding of how generational demographics are changing the landscape of business. Marston and his firm, Generational Insights, have provided research and consultation on generational issues to hundreds of companies and professional groups, ranging from small businesses to multinational corporations, as well as major professional associations, for over 15 years. As of May 25th, the chapter has over 220 people signed up attend this event. There are 16 property management companies and many Friends of IREM that will be attending this event. Whether you are an owner, developer, investor employer or an employee, everyone can learn from hearing Marston speak. If you would like to attend this event, please visit the IREM Boston website today to find out how to register (www.iremboston.org) or contact Kelley Hannon in the IREM office at (617) 436-7565 On April 4th senator Brian Joyce was the guest speaker for the second consecutive year. Senator Joyce is serving his eighth term in the Senate, representing the Norfolk, Bristol and Plymouth district. Senator Joyce serves on several senate committees including Ways and Means, Economic Development & Emerging Technologies, Elder Affairs and Transportation Committees, the Committee on Bonding, Capital Expenditures and State Assets, as well as serving as the senate vice chair of the Healthcare Financing Committee and vice chair of the Financial Services Committee. He was also appointed to the special Probation Reform Working Group. Senator Joyce has a well-deserved reputation for working hard on behalf of the communities he represents and the people he serves. While focusing much of his current efforts on economic expansion initiatives, senator Joyce's priorities include housing, job creation, public safety, education, fiscal discipline and issues impacting senior citizens and persons with disabilities. Although many state economies are still in financial crisis from the economic down turn late in 2008. The Massachusetts economy is showing signs of improvement. The state economy is lucky to have the diverse and resilient medical, technological and education institutions. Senator Joyce addressed recent legislative initiatives passed in the state including alimony reform and gambling. Expanding gambling in the state has been a serious consideration for many years. It was a matter of when and under what circumstances the expansion would take shape. Gambling will bring a significant amount of income to the state and create many new jobs. On May 3rd a group of 26 members of IREM Boston visited the New Hampshire State House for a tour of the historic building and lesson on the N.H. political system. During the tour IREM members had the opportunity to meet with several state representatives a senator and a special meet and great with governor Lynch. After the tour IREM members networked at Tandy's Top shelf across for the capital. Tandy's has an excellent buffet and the members enjoyed the food and social setting. Jonathan Donahue, CPM, ARM, the 2012 president and David Barrett, CPM, ARM is vice president and legislative committee chair of IREM Boston.
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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

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