News: Connecticut

NAI Elite names Weber and Cortese vice presidents

NAI has added Jesse Weber and Christopher Cortese to its NAI Elite Connecticut office. Both will serve as vice president of their commercial real estate services divisions and have been hired to expand the presence of the company to Fairfield County and the rest of the southern Connecticut coastline. "We are incredibly excited to have Jesse and Christopher join the NAI Elite team," said NAI Elite president Carl Berman. "Jesse's broad skill set will enhance NAI Elite's position as a leader in the commercial real estate industry while Christopher's vast real estate experience and personable demeanor will help us go above and beyond new and existing clients' unmet needs." Weber will provide tenant and landlord representation services, while focusing on helping tenants become buyers in the purchase of commercial properties for use and investment. Cortese will provide tenant representation to retail and office clientele and utilize NAI's extensive global platform to create cross border real estate solutions. Prior to joining NAI Elite, each worked for boutique commercial real estate firms in Stamford. Weber has represented tenants and buyers in the pursuit of commercial property in lower Fairfield County, and was responsible for the sale of five commercial properties in 2010. Cortese has represented tenants and landlords in Greenwich and Stamford and has enjoyed success finding off-market opportunities for his investors. NAI Elite is a commercial real estate brokerage firm located in Connecticut. NAI Elite offers a wide array of services including in-house legal. NAI Elite provides extensive market knowledge combined with the international reach of NAI Global, a managed network with over 325 offices in 55 countries and 5,000 real estate professionals worldwide.
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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.
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