News: Brokerage

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.
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Goldberg of Spire Investments purchases Beverly portfolio for $9.2m

Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
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Columns and Thought Leadership
The rise of AI in CRE - And what it means for every  skilled profession - A broker & appraiser weighs in - by Bryan Plourde

The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde

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.
End of the year retail thoughts - by Carol Todreas

End of the year retail thoughts - by Carol Todreas

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.