News: Northern New England

Slattery, Danais, DiNapoli and Pereira honored by NH CIBOR

The New Hampshire Commercial Investment Board of Realtors (NH CIBOR) recently recognized four of their members as NHAR Honor Society Recipients. The announcement was made on April 30 at the quarterly membership meeting. The NH Realtor Honor Society program is designed for both the newer Realtors as well as those who have held membership in the NH Association of Realtors for a number of years - it is intended to recognize those members who seek education and participate in Realtor functions and civic activities. Recipients of the awards were: Arthur Slattery, 2010 president of NH CIBOR and lifetime member of the NHAR Honor Society. Slattery was recognized for his 21st year as a recipient of the Honor Society Award; Richard Danais of Danais Realty Group who was recognized as the recipient with the highest points for NH CIBOR. This is Danais' 4th consecutive year of receiving the Honor Society Award; John DiNapoli of John DiNapoli, Broker who received his 12th award as an Honor Society Member; and Jim Pereira of Martini Northern who was awarded for his 3rd year as a member of the Affiliate Honor Society. The primary purpose of the NH Realtor Honor Society is to encourage board participation among members in order that they might be better educated, active members to serve their customers/clients and in return bring credit to themselves and the real estate industry. NH CIBOR recognizes the commitment each of these members has made to the organization and congratulates them for being honored with the NHAR Honor Society Award.
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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