News: Front Section

NEWiRE Educational Foundation, Inc. awards 2nd annual scholarship of $5,000 to Elizabeth DiLorenzo

The NEWiRE Educational Foundation, Inc. has awarded its second annual scholarship in the amount of $5,000 to Elizabeth DiLorenzo. DiLorenzo recently graduated with a master of science in Real Estate from MIT, and has accepted a position in commercial real estate in Colorado and relocated to that area. The NEWiRE Educational Foundation is funded through the proceeds from the annual NEWiRE Networking Charity Golf Tournament & Clinic held every year in the fall. The NEWiRE Educational Foundation, established in 2009 as a 501(c)(3) charitable foundation of New England Women in Real Estate (NEWiRE), is an endowed fund that will support the NEWiRE Educational Foundation Scholarship. The scholarship is awarded to a female student entering her junior year, senior year or graduate program at an accredited college or university based in New England. The student must demonstrate an interest in pursuing a career in the commercial real estate industry through her course studies and/or internships in a commercial real estate firm. The 15th Annual NEWiRE Networking Charity Golf Tournament & Clinic was held on October 3, 2011 at the Brae Burn Country Club in Newton. With the help of tournament sponsor Stewart Title Guaranty Company as well as generous event and prize sponsors, the tournament raised almost $20,000 to benefit The NEWiRE Educational Foundation. "Once again, we were very fortunate to have a strong group of candidates for our annual scholarship from both undergraduate and graduate programs throughout New England," said Emily Batchelder, vice president and general manager at CB Richard Ellis and president of the NEWiRE Educational Foundation. "In the words of one of her MIT professors, Liz is 'one of the most talented, committed and caring students I have come across in over 20 years of teaching.' With her passion for real estate and her interest in building sustainable developments that help people connect with one another, we are certain to expect great things from Liz." Celebrating its 30th anniversary this year with more than 400 members, NEWiRE provides a forum for networking and professional development to women in various commercial real estate disciplines throughout the Greater Boston area. About NEWiRE New England Women in Real Estate is the region's leading professional organization promoting the advancement of women within the commercial real estate industry. Since its creation in 1982 by a small group of women professionals with considerable vision, NEWiRE has been an important force behind the increasing success of women in New England's real estate community.
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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