News: Northern New England

New members welcome: More members = a better 2013

The dynamism of any realtor association depends on the people: and more is better. Ever been to a networking event with a poor turnout? A party with too few people? There's no energy! There's no force for attraction, no catalyst to tease new ideas or discussions from the gathering. Nobody to buy the next round! More members supply more heat, more listings, more conversations, more excitement. More magnets create more force of attraction! Business occurs during conversations. Deals are initiated when conversations happen. In 2013, www.NHCIBOR.com and www.NECPE.com have many events planned for 2013: Networking sessions, new commercial educational seminars, marketing meetings, and many continuing credit sessions. Are you new to the commercial side of real estate? You can attend these sessions before becoming a member. Need commercial forms? Membership solves that. Questions about commercial or industrial that can't get answered in your firm? We can help if you join us. It is well known that people are reluctant to do business with those whom they don't know. Membership in shared associations builds the first bridge to that trust. Mentoring can happen at many levels of experience. I often seek the advice of my membership who might specialize in an area where I have little or no real experience. Our collective experience is huge. Our bench is deep. More members make a stronger collective brain and database. Come join us or rejoin us. More members = a better 2013! That's where I come in...questions? Tom. Duffy@verani.com. Tom Duffy is the president of the New Hampshire Commercial and Investment Board of Realtors and the New England Commercial Property Exchange.
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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