News: Owners Developers & Managers

Villages at Edgewood recognized by National Association of Home Builders - Constructed by Windover Construction and Dewing Schmid Kearns, Architects + Planners

According to Windover Construction, the Villages at Edgewood, a residential community built in partnership with Dewing Schmid Kearns, Architects + Planners, has recently been honored by the National Association of Home Builders (NAHB) with a Gold in the best of 2013 50+ Housing Awards. This annual awards program recognizes excellence and innovation in the design, development, lifestyle and marketing of housing for this target market. The Villages at Edgewood is a continuing care retirement community made up of 24 single family residences. The homes are located on the grounds of a full-service retirement community, providing residential living combined with ongoing support and care. The farm setting and traditional Shaker-style architectural details create a distinct New England feel. Each home features two bedrooms, two baths, two car garage and full basement with high-end finishes throughout. The project received the award in the category for detached homes up to 2,100 s/f. "Everyone involved did an exceptional job of bringing the project to a successful completion," said Marlene Rotering, president and CEO of Edgewood Retirement Community. "The village fits perfectly with our mission and vision, greatly enhancing our overall community. We couldn't be more pleased with the outcome." "We were honored to be a part of this innovative assignment," said Lee Dellicker, president of Windover Construction. "With thoughtful collaboration and planning, we were able to deliver a beautiful, new community. We are so pleased to see it recognized on a national level." "Our goal was to combine traditional design with modern convenience to create something truly unique. And we couldn't have asked for a better team to help bring it to life," said Jeff Dearing, principal at Dewing Schmid Kearns. "The partnership we developed with Windover was crucial to the success of this project." Based in Manchester-by-the-Sea, Mass., Windover Construction builds commercial projects for institutional and corporate clients across a variety of focus areas, including academic and healthcare facilities, residential communities, banking, hospitality and retail. Windover also operates a separate luxury homes division that builds distinctive residences.
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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