2015 Annual Review responses by Andrew Deluski of BankRI

December 25, 2015 - Front Section

Andy Deluski, BankRI

Respondent’s Name: Andrew Deluski Company: BankRI What was your greatest professional accomplishment in 2015? The greatest professional accomplishment in 2015 for me was achieving 25 years of working in the banking industry. I started off at Shawmut Bank in Framingham, Mass. in 1990 and now successfully at BankRI in Providence, R.I. What was your most notable project, deal, or transaction in 2015? My most notable project in 2015 was the acquisition of the Manisses Hotel on Block Island. It was a pleasure to work with Steve Filippi and the Filippi Family on their Block Island properties. What are your predictions for commercial real estate in 2016? The market will slow as some saturation will play into in 2016. The FED will increase the rates to curb growth. The uncertainty and political stage of who will be the next president will play a major role in the market and economy.