News: Rhode Island

Timm joins DiPrete Engineering as a senior project manager

According to DiPrete Engineering, Brian Timm, P.E. has joined its firm. As one of the firm's senior project managers, he will work in the Cranston and Dedham, Mass. offices. Timm has more than 15 years of engineering experience and has built an extensive network throughout New England. "I am honored to have been selected to join a company with such a long history of success, strong ties to the community and a well known presence throughout New England," said Timm. "DiPrete Engineering knows how to combine their expertise with their clients' goals and I look forward to helping them get the best possible results for their clients." "Brian's vast experience, skills, and knowledge of design, surveying and development will be an excellent resource for our clients," said Dennis DiPrete, principal of DiPrete Engineering. "He knows how to put himself in our client's shoes, and his professional background and wide network in the Massachusetts market will be an added benefit to our company and our clients." Brian Timm's specialties include: commercial, residential, and multi-family development, municipal peer reviews, and regulatory permitting. In addition, he has a strong understanding of Rhode Island, Mass. and federal development regulations. Brian Timm is a University of Connecticut graduate and a licensed professional engineer. His past engineering experience includes time spent at Commonwealth Engineering, Inc., and Meridian Assoc.
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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