News: Rhode Island

Scaralia of Re/Max 1st Choice named 2008 RIAR president

The Rhode Island Association of Realtors (RIAR) has named its slate of 2008 officers. Robert Scaralia of Re/Max 1st Choice in Cranston, will serve as 2008 RIAR president. The new officers were officially sworn into office on November 16 during the annual National Association of Realtors (NAR) convention held in Las Vegas. Scaralia has been actively involved with the RIAR for more than 18 years, having served as vice president in 2006 and treasurer in 2005. He was president of the Statewide Multiple Listing Service (MLS) in 2004 and president of the Greater Providence Board of Realtors in 2001. In 2003, Scaralia received the Lear Award, the highest award given by the Greater Providence Board of Realtors for business, civic and charitable accomplishments. He was also the Greater Providence Board of Realtors "Realtor of the Year" in 2002. Other 2008 RIAR officers include: president elect - Paul Leys of Gustave White Sotheby's Realty in Newport; vice president - Kevin Dumont of Dumont Realty in Seekonk; treasurer - Karl Martone of Re/Max Properties in Smithfield; secretary - Stephen Antoni of Re/Max Professionals in East Greenwich; and immediate past president - Cecile Cohen, GRI of Randall, Realtors/GMAC Real Estate in Charlestown. The RI Association of Realtors is comprised of more than 5,000 Realtors
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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