News: Northern New England

Second annual engineers day raises $15,000 for student scholarships

Manchester, NHThe 2nd Annual Engineers Day Conference took place at the Puritan Conference Center, providing professional development hours and networking opportunities for licensed professionals while giving back to the next generation of engineers by raising $15,000 for the ASCE-NH Scholarship Fund!

Beyond providing educational opportunities to New Hampshire youth, attendees were treated to a program consisting of Resilient & Innovative Construction Practices, NH-Based Research Driving Progress Throughout the Granite State, and Principles of Effective Leadership, High Performance Teams, and Competent Communication. Each session was led by skilled speakers handpicked by the ASCE-NH board of directors who proved to be informative and thought provoking.

The ASCE-NH Scholarship fund includes two types of scholarship; the Fred Douglas High School Scholarship and the Russell Stearns Scholarship. The Fred Douglas High School Scholarship was created in 2000 and named in honor of ASCE-NH Life member and the long time chair of the Scholarship Fund Fred Douglas.  Its purpose is to aid New Hampshire high school students in their pursuit of an engineering education, with the hope to increase the awareness of the civil engineering profession for high school students in New Hampshire.  New Hampshire High School Students who are accepted to any ABET-Accredited engineering program are eligible for this scholarship. Russell Stearns (1915-1997) was a professor of engineering at Dartmouth College for a record-setting 54 years and was known for his soft-spoken, nurturing grandfatherly nature. With the amazing support of his wife, Lee, professor Stearns was a leader within the New Hampshire engineering community. This scholarship is an annual award for ASCE Student Members who are enrolled in an ABET-accredited civil engineering program.  The number of recipients and value of each scholarship varies depending on the quantity and character of applications received each year.

The deadline for applications is April 30th and scholarships will be presented to the recipients at the May ASCE-NH membership meeting.

MORE FROM Northern New England
Northern New England

November 2024 NH CIBOR president’s message: 10 tips for commercial real estate investors - by Ethan Ash

While many Realtors will tell you what you need to do in order to sell your residential property at the highest price (clean out the junk, update bathrooms and kitchens, paint, etc.) most people don’t get easy to follow guidance on what to do to help your commercial real estate sale. Other than that advice that I
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Maine multifamily outlook: Opportunities in Portland, Bangor, and Lewiston-Auburn - Blake Wright and Kristie Russell

Maine multifamily outlook: Opportunities in Portland, Bangor, and Lewiston-Auburn - Blake Wright and Kristie Russell

The multifamily market in Maine’s major cities presents a diverse range of opportunities for investors. We looked at the potential benefits and unique characteristics of three major submarkets in the state: Portland, Bangor, and Lewiston-Auburn. The information below is based on research done in CoStar and county registries, and focuses on multifamily properties that have four or more units. 

Residential is here to untie the office space doom loop - by Thomas House

Residential is here to untie the office space doom loop - by Thomas House

The glut of unused (and to the owners, undervalued) office space because of the advent of work from home is in the process of becoming homes themselves. Though this is an officially supported trend in Boston and other northeast locations, the conversion
Interest rates and inflation - by Matthew Bacon

Interest rates and inflation - by Matthew Bacon

As we all know, interest rates have been changing drastically, with movement in both directions, depending on the type and term of financing. The Federal Open Market Committee has taken drastic action in efforts to curb abnormally high inflation, but it hasn’t controlled labor cost growth to the extent that was intended.

The Greater Portland industrial mid-year market update - by Nate Roop

The Greater Portland industrial mid-year market update - by Nate Roop

The industrial market in Maine remains robust, characterized by historically low vacancy rates. As of early 2024, the vacancy rate across the state is below 2%, indicating a continued imbalance between supply and demand. This tight market environment has kept lease rates strong, with many landlords in a favorable position. Asking rates are trending around $10.50 per s/f for