News: Northern New England

Pro Con renovating Schleicher and Stebbins' Ashworth by the Sea Hotel

Interior renovations are near completion at the Ashworth by the Sea Hotel located at 295 Ocean Blvd. on Hampton Beach. Pro Con Inc. is the architect and construction manager for the $900,000 design build renovation of the hotel's lounge and restaurant. The interior renovations include the re-design and re-fresh of the lounge and restaurant. The area is receiving new interior finishes including wall coverings, custom millwork, carpeting, wood flooring, furniture, new windows and lighting. The service bar is being enlarged with a granite counter and a new raised stone hearth fireplace. Pro Con Inc. has implemented a 2-phased construction schedule, enabling the hotel to remain fully operational during the renovations. The first phase began in January and was completed in March and the second phase is scheduled to be complete this month. This is the third major renovation the hotel has undergone. In May 2007, Pro Con completed interior renovations to the hotel's lobby, 105 guest rooms, corridors, restrooms & fitness room and in 2008, the Sand Bar on the hotel's outside upper deck was completely renovated. The Ashworth by the Sea is owned by Schleicher and Stebbins Hotels and is operated by Colwen Management Co.
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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

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