Name: Thomas St. Jean
Title: Managing Director
Company: Compass Exchange Advisors, a subsidiary of Rockland Trust
Location: 50 Resnik Rd., Plymouth, MA 02360
Birthplace and year: Nashua, N.H., 1968
Family: Wife, Mary Pat; children: Katie, Meaghan, Andrew, Molly
College: Providence College, BA, Business Economics
First job outside of 1031: Finance analyst for a real estate group at Chase Manhattan Bank
First job in 1031: Vice president of advisory services at APEX Property Exchange
What do you do now and what are you planning for the future? Co-founded Compass Exchange Advisors in 2004, sold to Rockland Trust in 2007. Continue to grow the 1031 qualified intermediary business for the bank. Focusing on providing outstanding service and security of exchange funds to institutional and individual real estate investors.
Favorite book: "The Greatest Salesman in the World" by Augustine Mandino
Favorite movie: "It's a Wonderful Life"
Key to success: Go the extra mile.
If you had to choose another vocation what would it be? H.S. basketball coach
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 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!
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 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