News: Financial Digest

REFA update: GBREB installation of officers and division presidents to be held March 20th at UMass Club

Boston, MA The Real Estate Finance Association (REFA) finished a busy month with their 7th Annual Mentor Program Kick-off event on February 28th featuring 50 mentor/mentee pairs. The REFA Mentor Program provides Emerging Leader members with the opportunity to be paired with a senior-level member for a yearlong membership. REFA organizes 3-4 events throughout the calendar year to bring all participants together. Mentor/mentee pairs are encouraged to connect regularly throughout the program to share ideas, career advice, and act as sounding boards to help with career and professional development. 

REFA recently hosted the MBA Recap & Boston’s Lending Environment program on March 8th. The Mortgage Bankers Association held its annual conference in mid-February, bringing together lenders, investors and mortgage bankers from around the country to discuss goals and expectations for 2023. Industry experts Heather Brown, executive vice president, Capital Markets, CBRE; Emily Boynton Rush, senior managing director, SVB Private; Sean Gonick, vice president, State Street; Kory Klebanoff, managing director, ACORE Capital; and Jared Zatloukal, managing director, Principal Asset Management, discussed different capital sources providing key takeaways from the conference and what lender sentiment means for Boston this year. 

Please save the date for GBREB’s installation of 2023 officers & division presidents on Monday, March 20th at 5:30PM. The installation will take place at One Beacon St., UMass Club. Members from BOMA, CBA, GBAR, MAA, and REFA are welcome to join and celebrate the following:

GBREB Officers:

• Chair - Kate Franco, Claremont Companies LLC;

• Chair Elect - Michael Edward, Perry CRE;

• Treasurer - William Tanski, Jr., Outlook Capital Partners; and

• Assist. Treasurer/Clerk - Dino Confalone, Gibson Sotheby’s International Realty

Division Presidents:

• BOMA Boston - Jennifer Twombly, Rockhill Management, LLC;

• CBA - Alison Powers, JLL;

• GBAR - Alison Socha, Leading Edge Real Estate;

• MAA - Jessica Buonopane, National Development; and

• REFA - Nilesh Bubna, Longpoint Realty Partners.

To learn more about REFA, including membership, events, and ways to get involved, please visit us at www.refa.org. Follow REFA’s LinkedIn, Twitter, and Instagram @REFABoston.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
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