Opportunistic buying in the wake of the credit crunch; there is potential
The credit crunch has created tremendous challenges for the real estate and business communities, but even in the wake of this turmoil, there are potential opportunities for creative real estate investors. Where are these opportunities, and how can savvy investors take advantage of them? Hear from some of Greater Boston's leading investors as they discuss how to create upside opportunity from the downside of today's challenging credit environment at NAIOP's cutting-edge breakfast program, held Wednesday, February 6, at the Westin Waterfront Hotel in Boston
Moderator Frank Petz, managing director at Eastdil Secured, LLC, will lead a panel of respected investors including Brian Chaisson, principal at Tishman Speyer Properties; Scott Oran, executive director at Morgan Stanley; and Peter Palandjian, chairman & CEO of Intercontinental Real Estate Corp.
Registration and a continental breakfast will begin at 7:15 a.m., the program will run from 8:00-9:00 a.m. Cost is $55.00 per NAIOP member, $70.00 per employee of a NAIOP member firm, and $85.00 per non-member, with an additional $25 for registrations at the door. The program sponsor is Goodwin Procter. To register, visit www.naiopma.org or call (781) 453-6900, x4.
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 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!
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 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