News: Rhode Island

Rhode Island Commercial and Appraisal Board of Realtors develops 2011-2012 strategic plan

On April 27, the RI Commercial and Appraisal Board of Realtors met to create a Two-Year Strategic Plan. The board is comprised of members from the commercial real estate and appraisal specialties. The all-day session was facilitated by Alice Martin, RCE, CAE, vice president of leadership development, National Association of Realtors. Richard Berlinsky, 2011 board president said, "This plan will provide us with attainable and sustainable goals that will ensure the value of our organization to our members' profession into the future". The board agreed that professional support services, legislative advocacy and organizational growth were the top areas of focus. The plan, including a new vision and mission statement, will be approved at the board's next regular meeting to be held in Newport on May 18.
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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

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