James Ainsworth President & CEO Konover Development
Name: James Ainsworth (Jim)
Title: President & CEO
Company: Konover Development Corp.
Location: 135 South Rd., Farmington Conn.
Place of birth and year: Portsmouth Virginia
Family: Wife- Nancy; son-Daniel
College: Bucknell University
First job outside of real estate: Howard Johnson's - Waiter
First job in real estate or allied field: Hartford Development Group, CFO
What do you do now and what are you planning for the future? Now: Specializing in retail real estate development throughout New England for national tenants. Projects range in size from free standing pharmacies to power centers. Future: Expanding business to Mid-Atlantic region.
Hobbies: Travel, pet rescue, book club.
Favorite book: A Prayer for Owen Meany by John Irving.
Favorite movie: Brave Heart
Person you admire: Ernest Shackleton
Key to success: Aim high; deliver higher; expect no less.
If you were forced to choose another vocation what would it be? Adventure Tour Guide.
Chelsea, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have successfully completed the sale of a 15 units for $3.55 million. 827-835 Broadway, which is a value-add type asset, is situated in a high-density, urban-infill neighborhood.
This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.
Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.