News: Appraisal & Consulting

The Navigators Group, Inc. partners with Herbert H. Landy Insurance Agency

The Navigators Group, Inc. its principal underwriting subsidiary, Navigators Management Company, Inc., is continuing to expand its professional liability capabilities by partnering with the Herbert H. Landy Insurance Agency to provide errors & omissions insurance to real estate agents, brokers and appraisers. These new programs are expected to be available on a nationwide basis, effective June 1st. "We're very excited about the opportunity to work with Navigators," said Betsy Magnuson, president of the Herbert H. Landy Insurance Agency. "Their professional liability team has extensive expertise in this class of business and this will provide us with a fresh perspective and enable us to bring innovative solutions to the marketplace. We anticipate that combining the strengths of our two organizations will be a win-win for our clients and trading partners throughout the country." The new real estate agents and brokers and real estate appraisers errors & omissions programs will offer expanded coverage options, as well as higher limit capacity. Stacy Hoffman, senior vice president, programs, is the manager for this new program at Navigators. "We are pleased to be working with such a quality organization and seasoned staff of professionals at the Landy Agency," said Reina Gregorio, president of professional liability at Navigators. "The launch of these new programs continues to diversify and expand Navigators' product offerings in the professional liability arena." The Navigators Group is an international specialty insurance holding company with insurance company operations, underwriting management companies, and operations at Lloyd's of London. Headquartered in New York City, Navigators has offices in major insurance centers in the United States, the United Kingdom and Continental Europe.
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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