News: Connecticut

Women in Real Estate: Courtney Hendricson of Town of Enfield

Years with company/firm: 2 Years in Field: 13 Years in Real Estate Industry: 13 Telephone: 860-253-6387 Email: chendricson@enfield.org URL: www.thinkenfield.com Real Estate Organizations/Affiliations: CREW, Board Member and Co-Chair of CREW Careers; ICSC, Co-Chair of the CT State Alliance; CT Economic Resource Center SiteFinder, Member How do you use social media to promote yourself and/or the company/firm: I use an Economic Development LinkedIn page to provide quick and timely updates on business happenings in Enfield as well as Video News, which is produced twice per year. These allow for current updates and more long-term initiatives. I rely on Constant Contact for all of my email marketing and event logistics. I would be lost without this tool! What advice would you give women just starting out in Commercial Real Estate? Network, network, network! Take advantage of every opportunity to connect. Call people you would like to meet and align yourself with them; invite them out for coffee and pick their brain. They will be flattered and you'll learn a lot. When was the first time you realized that you were meant to be in the CRE Industry? Early in my municipal management career, I started specializing in Economic Development and realized the importance of the commercial real estate industry as a partner in this effort. As a representative of all of the available property (land and buildings) in a municipality, I became a single point of contact for brokers, developers and property owners. I learned their terminology and CRE "language" and realized the importance of my role in their deals. They ask questions, like, "Would we be able to re-zone this parcel if necessary? What are the permit and regulatory processes like in your city? Does your town offer tax incentives?" I was the one who could answer these questions. All of the work I was doing with business retention, expansion and recruitment kept leading back to my relationships with the CRE industry. I love my work and the fact that I bring a unique perspective that can help my peers in the CRE industry in a different way through my municipal role. When you think of the CRE Industry, what are 3 words that come to mind? Ambitious; fast-paced; exciting
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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