News: Front Section

New London Harbour Towers to receive three Home Builders Industry Awards in three categories on November 9

New London Harbour Towers, 52-unit luxury residences with resort-like amenities in the Historic Waterfront District, has won three Home Building Industry Awards (HOBI Awards) from the Home Builders Association of Connecticut. New London Harbour Towers won in the categories of 'Best Attached Community,' 'Best Marketed Community,' and 'Best Special Promotion Event.' The HOBI Awards is the state's most prestigious housing industry program, recognizing excellence in new construction, land development, remodeling, sales and marketing, and home financing. The HOBI Awards showcase the best products and services offered by its members and in its awards, highlight the strengths of New London Harbour Towers in marketing, promotional and building configuration. "We used to say, build it and they will come. Now we say, build it spectacularly and they will come," said Anthony Silvestri, project manager of New London Harbour Towers. "We did not hold back on any detail as it relates to quality, amenities and energy efficiency. The success we've experienced from our marketing program has truly established Harbour Towers as an important addition to the vibrant Historic Waterfront District. We are honored to receive the awards and accolades of the Homebuilders Association of Connecticut." The HOBI Awards will be presented November 9 at the Aqua Turf Club in Plantsville.
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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