News: Rhode Island

President's message: A promising start to 2014

There are so many great things happening in and around the Rhode Island Builders Association these days that it's hard to know where to begin. Our not-for-profit subsidiary, Builders Helping Heroes (BHH), working with Homes For Our Troops, recently completed a daunting, year-long home-building project that has provided a 2,500 s/f, specially adapted home in Burrillville for wounded Marine Kevin Dubois, his wife, Kayla, and their soon-to-be-born son. Were it not for the dedication of BHH president Bob Baldwin, project supervisor Dave Caldwell, site supervisor Vin Marcantonio, the RIBA staff, and over 100 companies, mostly small businesses that donated labor and materials, this amazing project would never have begun, let along reached completion. Another hard-working group within RIBA, our legislative committee, has begun the annual task of preparing to present and advocate for our industry's legislative agenda to the Rhode Island General Assembly. The personal support of every member will be required if we are to achieve the success we saw last year and continue to help Rhode Island's economy. Let's boost that process by encouraging as many members as possible to attend our political action committee fundraiser at the Chapel Grille in Cranston on February 11. The 2014 Home Show, coming up in April, is another exciting prospect. Home Show committee chairman Ron Smith, working with many other members, show producer Bob Yoffe and executive director John Marcantonio, is leading up to the best show ever in 2014! As you read this, you probably still have time to get in on the International Builders Show and the National Association of Home Builders Convention in Las Vegas early in February. If you have never attended this annual event, make this the year that you do! Let's make 2014 a banner year! Felix Carlone is the president of the Rhode Island Builders Assn.Felix Carlone, F.A. Carlone & Sons
READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
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