Rudnick joins Citi Comm'l Business as VP and loan officer
Citi's Commercial Business Group has appointment Robert Rudnick as vice president and senior loan officer for its commercial real estate finance loan production office within the commercial business group's Boston location.
Rudnick joins Citi from Boston Private Bank & Trust Company to support the commercial business group's real-estate lending efforts within the growing Boston marketplace. He brings more than 15 years of commercial real estate lending experience to the firm. Citi provides permanent loans on income producing properties, both multifamily and commercial, using fixed and variable-rate loan programs.
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 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!
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 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