News: Owners Developers & Managers

The Fallon Company names Seemore CFO

Boston, MA The Fallon Company has appointed Hank Seemore as CFO. In his new role, Seemore will be responsible for managing The Fallon Co.’s financial and risk mitigation operations, including developing financial projections and preparing growth plans to support and guide the firm’s corporate strategy planning. Seemore will be based in the company’s corporate headquarters in Boston. Samuel Butler, who previously served as the CFO, will lead the firm’s expanded project finance group nationally, as managing director in The Fallon Co.’s local office.

“We are thrilled to welcome Hank to The Fallon Company’s growing team,” said Michael Fallon, president of The Fallon Co. “He brings extensive experience planning, implementing, and managing financial activities for major companies, and we are confident that his background coupled with his track record of achieving strong results will make him a valuable asset to our firm.”

Founded in 1993, The Fallon Company is focused on large-scale urban development geared toward transforming neighborhoods. The award-winning firm has developed more than $5 billion of real estate across the East Coast, representing more than six million square feet of property. Current projects include developments in Boston, Charlotte, and Raleigh, N.C.

“I am honored to be joining The Fallon Company at such an exciting point in the firm’s expansion,” said Seemore. “I was drawn to The Fallon Company’s vision, precision of execution, and smart expansion strategy, and I look forward to bringing my financial experience to one of the country’s premier real estate development firms as we continue to pursue investment and development opportunities to execute best-in-class projects across the country.”

MORE FROM Owners Developers & Managers

Colwen Hotels celebrates opening of the first hotel in Portland’s Thompson’s Point - Residence Inn by Marriott and Moxy Hotel

Portland, ME Colwen Hotels celebrated the opening of Residence Inn by Marriott and Moxy Hotel Portland Thompson’s Point, the first hotel in the city’s Thompson’s Point district. Developed by XSS Hotels and managed by Colwen Hotels, the five-story, dual-branded property introduces 148 guestrooms to one of southern Maine’s fastest-growing waterfront destinations.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The legislature has spoken:  New Hampshire doubles down on housing in commercial zones - by John Sokul

The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul

Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains