News: Owners Developers & Managers

Strong joins HallKeen Management as director of assisted living

Warren Strong has been hired as director of assisted living at HallKeen Management. Warren comes to HallKeen with over 17 years of professional experience in the health care and assisted living industry. Using his in-depth knowledge of the industry, Strong brings his strong leadership and management skills to the portfolio. Strong will oversee HallKeen's 7 assisted living communities, spanning throughout R.I., Mass. and N.H. Prior to joining HallKeen, Warren spent nine years with Benchmark Senior Living where he had regional and multi-site responsibilities. During his career, he has successfully managed a 259 bed nursing home and retirement center, opened and pre-filled a 77 unit assisted living community, managed a 260 unit continuing care retirement campus and directed five other assisted living communities ranging from 70 to 160 units. Over the course of his career, he has had multi-site responsibilities for more than 400+ assisted living units. Strong has worked with The Arbors Continuing Care Retirement Community, Summerville Assisted Living, Groton Regency and most recently Benchmark Senior Living. "We are thrilled that Warren has joined HallKeen Assisted Living Communities," said Donna Horan, senior vice president of management at HallKeen. "We are excited to see our portfolio grow and succeed with Warren's expertise."
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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