News: Financial Digest

Paul Alphen President Real Estate Bar Association of Mass.

Name: Paul Alphen Title: President, Real Estate Bar Association for Massachusetts Company: Balas Alphen & Santos Location: 200 Littleton Rd., Westford, Mass. 01886 Birthplace and year: Boston, Mass., 1954 Family: Wife, Annette; sons, Paul and Christopher College: Boston College, BA and MBA in Sociology; Suffolk University, MPA; New England School of Law, JD First job outside of real estate: Police officer, Wayland First job in current field: Real estate lawyer: Hall Balas & Finnegan What do you do now and what are you planning for the future? REBA goal is to educate and increase our memberships, especially with regard to real estate lawyers. Hobbies: Power boating, cars, travel Favorite book: "An Innocent Man" by John Grisham Favorite movie: "Bullitt" Person you admire most (outside of family): John Pine (retired Boston municipal court judge) Key to success: Treat others as you would like to be treated. If you had to choose another vocation what would it be? Write boating reviews for "Boating" magazine or car reviews for "Car & Driver"
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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