The SIOR Chapter board met at Post Office Square and included all nine of its board members. Tom Farrelly, the new 2011 Chapter president, held his first Chapter meeting and brought the meeting to order at 4 p.m. The board reviewed its 2010 agenda and discussed its mission and programming for 2011. Following is the summary:
1. Treasurer's Report: Tom Farrelly reported that the Chapter is very solid with its financials and voted to maintain dues at its 2009 and 2010 rate.
2. Admissions: Bob Cleary and Drew Sigfridson reported on current and pending Candidates and targeting the premier women brokers in the industry. The 2011 programming has tentatively planned a joint event with NEWIRE in September.
3. Programs: Don Mancini and Greg Klemmer reported that the 2011 program has tentatively been developed with eight Featured Landlord breakfasts. There was discussion about broadening the program. The suggestion was to add value to landlords that are being featured by offering the ability for sponsors to join the Chapter as a Corporate Member. More research will be conducted. The Annual Golf Outing for the SIOR Chapter members is planned for May 26th.
4. Recruitment: Garry Holmes reported on potential new candidates for 2011 and the new Candidates admitted in 2010. There are a number of new Candidates that are being invited to the 2011 events. Candidate programming is being planned at King's Bowling, Atlantic Beer Gardens, The Intercontinental Hotel and Bull & Beer events.
5. Scholarship: Garry Holmes reported that the October event was a success with John Dolan and Bill Lynch awarded the scholarships. There was discussion that in 2011 only one person should be awarded the scholarship but it was voted to maintain two awardees. The Scholarship Night is planned for October 13th at The Algonquin Club.
6. New Business: Tom Farrelly proposed that a new position be created named Associate Membership Chair and there will be some research with SIOR National on the logistics to establish such a position.
The meeting was concluded at 6 p.m.
New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
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