News: Front Section

The Bulfinch Cos. promotes Tang to vice president of acquisitions - Hires Berry, Sullivan, Beres and Croghan

The Bulfinch Companies, Inc., a private commercial real estate investment firm, has promoted Tammy Tang to vice president of acquisitions and is welcoming four new team members to its financial reporting and property management groups. Since joining the firm in 2012, Tang has played a key role in identifying and evaluating acquisition opportunities in the company's core markets of Boston, Cambridge, and Central Rte. 128 where it is aggressively seeking value-add properties. Bulfinch also recently welcomed two new additions to the property management team: Steve Berry and Paul Sullivan. Berry, a former Bulfinch employee, has rejoined the team as a regional facilities manager, and Sullivan joins as a maintenance superintendent. Bulfinch's financial reporting team recently added John Beres, formerly a staff accountant at The Flatley Group, and Jason Croghan, formerly a staff accountant at Beacon Communities, LLC. Both Beres and Croghan will join the company as portfolio accountants and will support financial reporting and accounting for Bulfinch's growing portfolio. "Tammy has become an invaluable resource for the Bulfinch's expanding portfolio and this promotion recognizes the significant contributions she has made." said Eric Schlager, CEO, Bulfinch. "In addition, we are thrilled to welcome these four team members whose experience and expertise will allow us to further strengthen our focus on best-in-class service." Bulfinch is an entrepreneurial, value-added real estate investment firm specializing in the development, acquisition, management, and repositioning of commercial properties in Greater Boston. Since its inception in 1936, Bulfinch has developed, acquired and repositioned more than $1 billion in commercial real estate.
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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