News: Owners Developers & Managers

Presidents message: Happy New Year!

Happy New Year!! The beginning of the New Year is also a time to reflect on the past year's triumphs and trials, and what we hope to achieve in the year to come. We are hoping to help you make the winter fly by, with all of the exciting events at the Boston Chapter of IFMA and our community. Join us for a year of wonderful educational events, monthly programs at top local area facilities, all of which are free to our members, and great networking. Add to that, special events like our Awards of Excellence, Golf Outing, and Holiday Gala and you have a vibrant group of professionals, willing to help our fellow professionals wherever possible. Our first seminar takes place on January 16th, "Sustaining Sustainability", followed by "Financial Modeling" on January 24th. Please visit our website at www.ifmaboston.org, and check our calendar for future events. We're here to help you make the most of your membership, and we hope to see you at one of our upcoming events. Sean Murphy is the president of the Boston chapter of IFMA, Boston, Mass.
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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