Shown (from left) are: Frank Hird, SIOR and chapter president; Dennis Hennessy, SIOR; Kristin Geenty, SIOR and chapter treasurer; and Jeff Ryer, SIOR, CCIM and chapter vice president

Shown (from left) are: Tim Breda; Frank Hird, SIOR; and Tom Pajolek, SIOR

Shelton, CT The Connecticut/Western Massachusetts Chapter of the Society of Industrial and Office Realtors held their spring quarterly meeting at II Palio restaurant. Located in R.D. Scinto’s Enterprise Corporate Park campus, II Palio features fine northern Italian cuisine and a private comfortable meeting space in the restaurant’s recently added garden level.

Over forty members, guests, and sponsors were in attendance for a regular business meeting which was followed by cocktails, hors d’oeuvres, and dinner.  The chapter would like to acknowledge R.D. Scinto, Inc. for sponsoring the evening’s events.

SIOR’s northeast regional director, Dennis Hennessy, was in attendance providing comments about leadership initiatives nationally at SIOR around adding value for all members and continuing its branding efforts of the organization.   Much excitement was shared about the upcoming World Conferences in San Diego in April and New York City in the fall, to celebrate the 75^th Anniversary of SIOR.

Tim Breda from Goedecke & Company spoke to the members and guests following dinner about capital markets and recent lending trends, particularly in Connecticut and Southern New England. Although the market outlook continues to be positive in nature, Breda noted a tightening with CMBS lenders caused by the Dodd-Frank regulatory risk retention rules.

The Connecticut/Western Massachusetts chapter is one of forty-six chapters of the prestigious international organization, the Society of Industrial and Office Realtors.  Commercial real estate professionals must meet rigorous requirements to earn the SIOR designation. SIOR, based in Washington, D.C. and founded in 1941, has more than 3,200 members in 593 markets located in 22 countries on 6 continents.  SIORs are top producers who are required to complete an educational recertification program every three years.  This assures those who need the services of a commercial real estate agent that the SIOR has achieved continued excellence.

Visit the chapter’s website (www.siorct.com) to find additional information on the Connecticut/Western Massachusetts chapter, chapter members, and upcoming events.