News: Spotlights

Trinity Management #96 on National Affordable Housing Management Association's (NAHMA) "Affordable 100" list

Trinity Management, LLC has been named #96 on the National Affordable Housing Management Association's (NAHMA) "Affordable 100" list, a compilation of the largest affordable multi-family property-management companies in the country. "We are thrilled," said CEO Kate Franco about the company reaching number 96, with 5,312 units. "We are committed to providing safe, affordable, efficient buildings for our residents, and it is wonderful to be recognized for our efforts by such a prestigious organization as NAHMA." This news comes after NAHMA's announcement of a Vanguard Award for Trinity's Glenark Mills in Woonsocket, R.I. for a major rehabilitation of an existing rental community. NAHMA's Affordable 100 is compiled to put a spotlight on federal funding for affordable housing, which is an ongoing focus of the organization. Each of the companies on the list receives at least one of the following federal subsidies: HUD Project-based Assistance, Section 42 LIHTC, HOME funds, USDA Section 515, or Bonds. Trinity Mgmt. also has condominiums, market-rate apartment homes and cooperative communities in its portfolio, as well a commercial properties. Its affordable component is the largest sector. "Our motto is 'Enhancing Communities, Changing Lives,'". Franco said. "That's at the heart of everything we do."
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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