News: Spotlights

Pat Mullowney 2010

Name: Pat Mullowney Title: President Company: Pat Mullowney Real Estate Location: Wellesley, Mass. Birthplace: Boston, Mass. Birth Date: November 11, 1947 Family: Wife, Joanne; 3 children: Erin, Jay and Tim College: Harvard First job unrelated to your current field: Life insurance sales First job in current field: Real estate coordinator for McDonald's Corporation What your firm does now and its plans for the future? Currently doing real estate consulting for different companies on new locations in New England as well as renegotiating leases. Also doing some independent brokerage, mostly with triple net leases. Hobbies: Sailing, travel Favorite book: "Trinity" Favorite movie: "Dances with Wolves" Person you most emulate (outside of family): Ray Kroc Keys to success: If you work hard, sometimes you get lucky. If you had to choose a different profession, what would it be? Emperor
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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!
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Columns and Thought Leadership
Navigating conversations and industrial real estate: Unveiling the intricacies with a dash of dad jokes - by David Skinner

Navigating conversations and industrial real estate: Unveiling the intricacies with a dash of dad jokes - by David Skinner

Here are a few of my favorite topics of conversation: politics, religion, money, and relationships. Other than a below average level of social capability, why do you suppose that those are some of my favorite conversation pieces? Well, I believe that there is a fascinating truth hidden within these realms
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
Risk-based capital requirements: Impact of rules on commercial real estate loans - by Michael Chase

Risk-based capital requirements: Impact of rules on commercial real estate loans - by Michael Chase

Two popular sources of commercial real estate financing are banks and insurance companies. According to the Mortgage Bankers Association, banks and insurance companies combined hold 54% of the nearly $4.7 trillion in outstanding commercial mortgages as of the end of 2023. Both of these lender groups are subject to regulations
CRE market continues to navigate and adjust - by Kristie Russell

CRE market continues to navigate and adjust - by Kristie Russell

The New Hampshire commercial real estate landscape has experienced notable fluctuations in recent years. Within the office sector, there has been a consistent uptick in available space since 2020, attributed to a wave of companies downsizing or closing their New Hampshire operations. However,