News: Financial Digest

The Real Estate Finance Association has a busy Spring planned for members

The Real Estate Finance Association (REFA) hosted its first in-person education program since 2020 on Thursday, April 28th at Atlantic Wharf, 290 Congress St. on Institutional Mindset: Where and how are they investing now? Amanda Strong, MITIMCo, moderated the program with Jay Hart, CrossHarbor Capital Partners, Tim Schlitzer, Mass PRIM, and Maria Surina, Cambridge Associates. The speakers explained how and where state pension funds, large endowments, and other institutional players are investing their real estate dollars. The session covered how they are investing - including directly owned real estate, co-mingled funds, and separately managed accounts. They discussed different property types and investment strategies (debt vs equity; core vs opportunistic), as well as how ESG is impacting real estate investing at both the fund level and the property level.

REFA’s next webinar, Insurance 101: Property & Liability, is set for Wednesday, May 18th at 12:00pm. Industry experts Mike White, Scott Mateer, and Annie Fleming of Brown & Brown – Specialty Risk Solutions and Sarah Shepard of Custom House Risk Advisors, will offer a presentation on property and casualty/liability insurance, including current trends in the insurance marketplace for both stabilized and construction risks in the real estate sector. In addition to an overview on property and liability insurance, attendees will learn about relevant coverage, limit, and retention considerations from owner/operator, developer, and lender perspectives.

On Wednesday, June 1st at 8:00am, REFA is hosting an in-person education program on Financing Real Estate for Cannabis at Nutter, 155 Seaport Blvd. in Boston. While still relatively new, the cannabis market in Massachusetts is quickly maturing. Join REFA as we discuss the landscape for raising capital for cannabis related real estate. Hear how owner-operators, tenants, landlords, lenders, investors, and communities are navigating this fast-moving industry and what the outlook is on both the local and national levels. Andrew Lines, CohnReznick, will moderate the panel with Joe Campanelli, Needham Bank, Alexandra Slavet, Nutter, and Connor Yost, Opus Consulting.

The REFA Charitable Golf Tournament is officially sold out, but there is still room to participate in the Tennis Match with a Pro! Visit www.REFAGolf.com to learn more or to register for tennis.

Please save the date for the Annual REFA Gala: Thursday, October 6th at the Westin Copley Hotel.

To learn more about REFA, including membership, events, and ways to get involved, please visit 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
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Ask the Electrician:  How do I prepare my commercial building for a disaster?

Ask the Electrician: How do I prepare my commercial building for a disaster?

New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
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