News: Rhode Island

Schilke team honored at GMAC's 2007 International Awards Ceremony

Ed and Andy Schilke of the Schilke team of Randall, Realtors GMAC were recently named GMAC's 24th team in total sales volume at the company's 2007 International Awards Ceremony. The ceremony was held during GMAC's annual convention in Las Vegas. With more than 22,000 GMAC agents around the world, this achievement places the Schilke team in elite company. Ed has been a licensed agent since 1989 focusing on the sale of both commercial and residential real estate and the leasing and management of properties in R.I. and Conn. Andy, a licensed agent in R.I. and Conn. has worked in real estate for over 3 years and brings over 16 years of business management experience to the Schilke team including the negotiation of contracts and international corporate relocation. Operating from Randall's Westerly office, the Schilke team serves the residential and commercial markets. In July, 2007 they became the directors of Randall's new commercial real estate division. Ed and Andy are consistently recognized as top producers, including the top listing and selling team for Randall, Realtors in 2006 and 2007. Randall, Realtors GMAC has 150 agents in Westerly, Watch Hill, Charlestown, South Kingstown, and North Kingstown in R.I. and Mystic, Stonington, Waterford and Lisbon in Conn. Offering a full range of real estate services since 1977, Randall, Realtors is one of GMAC Real Estate's 10 largest affiliates and is one of the largest real estate brokerages in New England.
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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