News: Spotlights

Realty Development Associates to host Why Build Modular seminar

Realty Development Associates, a leading builder of modular or factory-constructed homes, will host a free seminar Thursday, March 27th, from 6:30 to 8:30 p.m. on the topic of Why Build Modular. The Sagamore firm has hosted several of these seminars in the past year and there has been consistent demand for additional dates, as the popularity of modular construction increases. The informational hour and a half presentation will take place on site at Realty Development Associates' open house/modular mode at 1 Bluff Rd. (off Rte. 6A). Attendees will have the chance to enter a raffle for a pair of Celtics tickets (for a March 28th game between the Celtics and New Orleans). "Almost everyone has seen or heard of a modular home construction," said RDA president Don Shulman, who added, "The truck pulls up to the construction site, leaves five or six large packages near the foundation, and in a day or two, the entire exterior structure is up. People are always curious about what goes into modular construction and how it differs from the traditional, so-called 'stick built' process. That is why we have put this seminar together - to explain the process to anyone who is interested." The seminar will include experts in different areas of modular construction. Topics to be presented will include: 1. The process and benefits of factory-constructed homes 2. The true costs of "drop-ship houses" 3. Key issues in financing of modular home construction 4. The permitting process: what zoning issues you need to know 5. Teardown/rebuilds: Why the process of replacing "obsolete" homes on the same piece of property is gaining in popularity 6. The benefits of instant and weather-tight construction 7. The rise in popularity of "in-law additions" via the modular construction route John Collucci, a vice president at the Westchester Modular Home factory in Wingdale, N.Y., will detail the benefits of factory construction, the costs of the so-called "drop ship" homes, and discuss trends and updates in modular construction: what styles are popular. Mark Butler, a financial advisor from Salem Five Cents Savings Bank, will address the issue of financing modular construction. Shulman will explain the process of obtaining permits for modular homes, as well as the increasingly popular concept of "teardown/rebuild," where a smaller, obsolete house is replaced by a newer modular construction. Refreshments will be served. There will also be tours available of an actual modular construction home. For the convenience of those interested in attending, there will be child care provided on site. Space is limited and interested parties are urged to call in advance to reserve a space. Shulman said, "We get many calls each week about the modular construction process, and have developed this seminar as a way to provide comprehensive information on this topic. We urge anyone with an interest in this type of construction to attend."
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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