News: Rhode Island

RICABOR hosts networking night February 4 at B. Pinelli Restaurant

The Rhode Island Commercial and Appraisal Board of Realtors hosted a real estate networking night on February 4, at B. Pinelli Restaurant. The evening was full of networking and information and RICABOR welcomed Colin Kane, commission chair of the Route 195 Redevelopment District Commission. He shared his insights and vision for the future of 17 parcels of developable land in the downtown/Knowledge District of Providence. Special thanks to sponsor, Richard Hittinger of Alliance Environmental Group, Inc. Alliance Environmental Group, Inc., (AEG) provides professional services in the areas of environmental studies and investigation, permitting and remedial design. The professionals at AEG have over 50 years of combined experience in areas ranging from Phase I Site Assessments to designing remediation systems for the cleanup of contamination. AEG utilizes the most modern technologies on its projects to better meet the needs of their clients.
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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