News: Rhode Island

Prengaman of Vision 3 Architects installed as NCARB regional director

David Prengaman, AIA, NCARB, was installed as an NCARB regional director at the National Council of Architectural Registration Boards 95th Annual Business Meeting in June. Prengaman was elected by the Council's New England Conference (Region 1), which is comprised of Connecticut, Maine, Mass., N.H., R.I., and Vermont. Prengaman was first appointed to the Rhode Island Board of Examination and Registration of Architects in 2009 and has served as its chair, vice chair, and secretary. Prengaman also has served on many NCARB committees over the past several years, including the ARE subcommittee on programming, planning, and practice; the procedures and documents committee; and the regional leadership committee. Prengaman is principal of Vision 3 Architects, an architectural and interior design firm specializing in primarily education, corporate office, hospitality, and healthcare. He graduated from Rensselaer Polytechnic Institute with a bachelor of architecture and a bachelor of science in Building Sciences. As a LEED accredited professional, Prengaman provides professional leadership in the design of sustainable facilities and the implementation of green practices.
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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