News: Front Section

NEREJ's managing editor Ben Summers honored with the Presidential Volunteer Service Award

The New England Real Estate Journal's managing editor, Ben Summers recently was honored by receiving the Presidential Volunteer Service Award. It was recommended by the Talking Information Center where Ben has volunteered for 2,000 hours during the past more than 30 years. He reads and records Bloomberg Business Week and the Economist every week. The recordings are broadcast to blind and handicapped residents throughout Massachusetts over a special FM frequency. The award was created by the President's Council on Service and Civic Participation to encourage ongoing involvement in service and civic engagement. It was created by the first President George H.W. Bush and has been continued by all succeeding Presidents. Shown in photo are nearly all of the Journal employees - editors, publishers and staffers. Financial Digest publisher Jeff Keller is holding the framed award. Ben is holding an Official Citation from the Mass. Senate and Sabrina Andrews is holding the Official Citation from the House of Representatives. Karen Dowell is holding a letter from President Obama. That letter is as follows: "Congratulations. In my Inaugural Address, I stated that we need a new era of responsibility - a recognition on the part of every American that we have duties to ourselves, our Nation and the world ... that we seize gladly, firm in the knowledge that there is nothing so satisfying to the spirit than giving our all to a difficult talk. Your volunteer service demonstrates the kind of commitment to your community that moves America a step closer to its great promise."
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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