News: Front Section

The Enchantment Way designed with green building techniques

The Enchantment Way development will be a gated community of homes. The plan outlined reflects the creation of eight homes on five acres in the southwest valley of the city, each designed with innovative "green" building techniques. With views of the Strip, Red Rock, southern highlands and the entire east valley, the estate homes, each on a half acre, will fill the valley. Enchantment Way will be available as a groundbreaking fractional ownership development. Each home will also be LEED certified. USGBC has launched a pilot program to bring the same quality rating system to residential construction. Enchantment Way's participation in achieving the LEED Gold or Platinum will signify its position in the forefront of environmentally sensitive and energy efficient design and technology. Owners will be able to take possession of the homes under a fractional ownership plan which The Robb Report promotes as the strong trend that continues to grow rapidly. Tate Snyder Kimsey has designed the homes. LEED certified architect Mike Purtill, TSK partner Windom Kimsey, design architect Vince Novak along with the general contractor came together to ensure the cost-effective use of every green building technique and advantage available. Among other advantages, you can have access to and will utilize certain tax exemptions, tax abatements and rebates. The Enchantment Way also includes a Desert Tortoise Habitat, enhancing the lives of the federally protected species. It is preserving the desert growth currently found on the property, including cactus and yuccas, for re-planting after the homes are completed.
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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